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Four separate cottages in an established residential area of Santa Maria. Unit mix includes 3 1Bed/1Bath apartments and 1 studio, each with separate electric and gas meters. New roofs in 2023. On a good-sized lot with alley access. Over 30% upside in rents. Buyer to check with the city about potential of adding ADU at back of property. This is a solid, bread-and-butter income property as-is and offers upside potential for the prudent buyer to increase rents and upgrade the property to increase the value of this asset.
Property Type(s):
Residential Income
| Last Updated | 1/25/2025 | Year Built | 1908 |
|---|---|---|---|
| Community | Santa Maria | County | Santa Barbara |
Additional Details
| AIR | None |
|---|---|
| AREA | Santa Maria |
| HEAT | Wall Furnace |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Steven Battaglia, Broker
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