614 W Orange St Santa Maria CA 93458 MLS #PI25003141

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

Map

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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

More About JoAnn
614 W Orange St
Santa Maria, CA