614 W Orange St Active Save Request In-Person Tour Request Virtual Tour
Santa Maria,CA 93458
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI25003141
Year Built 1908
Lot Size 7,405 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Santa Barbara
Area Smia - Santa Maria
Interior
Heating Wall Furnace
Cooling None
Flooring Tile,Vinyl
Laundry None
Exterior
Pool None
Community Features Urban
Building
Lot Description Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard