$1,250,000
$1,300,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 12/28/2021
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Sm Northeast(910)
MLS Listing ID SC21222331
Sold Date 12/28/21
HOA Y/N No
Year Built 1972
Lot Size 7,405 Sqft
Property Description
Rare opportunity to invest in a a well-maintained 4-Plex in the heart of Santa Maria with a history of high income generating rent. Ideal location at the end of a residential street but conveniently only blocks away from shopping and services on Main Street. The building is comprised of two 2-bedroom apartments and two 1-bedroom apartments. Parking includes 4 detached garages and 2 uncovered parking spaces in the lot. Recent improvements include a new roof and new heating units in all apartments. Long term tenant with 3-year lease in place generating yearly gross rental income of $104,448.
Location
State CA
County Santa Barbara
Area Smne - Sm Northeast
Interior
Heating Electric
Cooling None
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks, Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 121233019
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Lindsey Harn • Richardson Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States