$975,000
614 W Orange St
Santa Maria, CA, 93458
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 Details
Price:
$975,000
MLS #:
PI25003141
Status:
Active
Baths:
0
Address:
614 W Orange St
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
smiasantamaria
City:
Santa Maria
Listed Date:
Jan 25, 2025
State:
CA
ZIP:
93458
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1908
Schools
Interior
Cooling
None
Flooring
Tile, Vinyl
Heating
Wall Furnace
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
Yard
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
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