$1,550,000

Estimated payment $9,767/month

Total Views 8,052
8 Beds
4 Baths
9,999 Sq Ft
$155 Price per Sq Ft

About This Home

Investment Opportunity Awaits! Diversify your real estate portfolio in one building! 2 large commercial spaces on the first level, and three residential units on the second level. Private parking lot with 5 spaces and plenty of additional street parking. Corner lot centrally situated in the Downtown Santa Maria Specific Plan! First level offers two large commercial spaces with a shared indoor lobby area. Walk-up window and private entrance from the lobby to both spaces. Entrance to lobby can be accessed from either the street side, or the private parking lot. The first commercial space offers a large common area, and 3 private office areas, break room,/kitchen area, a small tech room, and 2 separate restrooms. An additional common area in the back of the office offers another private entrance, and can be used as an additional waiting room, storage, or office space. Second commercial space has a common area/waiting room, 2 private offices and a kitchen/break room, large storage closet, private bathroom, and an additional storage and shower area. 3 residential units upstairs have secure/gated entrance. Each unit has 2 bedrooms and 1 full bathroom. Updated appliances, fresh paint and new wood-laminate flooring throughout. Great rental and occupancy history with more details upon request.

Listing Agent

Michelle Shipman

SearchLight Properties License #01703087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,377

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Block Foundation

Interior Spaces

  • 9,999 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • Private Parking
  • On-Street Parking

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 119-232-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,377

Lot Details

0

Listing Details

  • FILLACRES: 0.15
  • Directions To Property: Heading North on Broadway, turn left on Mill Street. Property is on the corner of Mill and Lincoln.
  • Listing Member Name: Michelle Shipman
  • Listing Office Short Id: 4410
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 6534.00
  • Major Area: 13 - SM Northwest
  • Open House Office I D: 20170309154621732273000000
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Building Stories: 2
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 93434
  • Geen Feat.: Paved Streets, Telephone, Sidewalks, Cable Available, Street Lights, Curbs/Gutter
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Year Built Exception: Unknown
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Exterior: Concrete Block
  • Foundation: Concrete Block
  • Roof: Flat

Garage/Parking

  • Parking: Private Lot, 6 - 10, 1 - 5, Street

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace

Lot Info

  • Lot Characteristics: Corner
  • Zoning Description: Com/Residential, Apartment, Apartment/Office, Res Multi-Family, Commercial, Comm Retail

Rental Info

  • Deposit: 10000.00

Tax Info

  • Assessor Parcel Number: 119-232-009

Multi Family

  • Total Number Units: 5

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $13,377 $1,200,000 $150,000 $1,050,000
2022 $6,811 $614,514 $147,319 $467,195
2021 $6,633 $602,466 $144,431 $458,035
2020 $6,624 $596,290 $142,951 $453,339
2019 $6,549 $584,599 $140,149 $444,450
2018 $6,466 $573,137 $137,401 $435,736
2017 $6,395 $561,900 $134,707 $427,193
2016 $6,117 $550,883 $132,066 $418,817
2014 $5,746 $531,981 $127,535 $404,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 For Sale $1,550,000 -- $155 / Sq Ft
Source: North Santa Barbara County Regional MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $1,200,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $840,000 New Conventional
Source: Public Records

Similar Home in Santa Maria, CA

  • 117 W Fesler St Unit A,B,C,D,E, Santa Maria, CA 93458

    $1,500,000

    • 7 Beds
    • 5 Baths
    • 117 W Fesler St
    • Unit A,B,C,D,E
    • Santa Maria, CA

    Great investment property Rare 5 unit property Practically smack dab in the middle of town. Bathrooms all feature washer dryer hookups, Also featuring covered parking for 4 vehicles plus 1 garage.Super location to restaurants & shopping. Property is priced to sell fast

    Joe Paul Garcia Jr Century 21 Masters

    Section Image

Source: North Santa Barbara County Regional MLS

MLS Number: 25000257

North Santa Barbara County Regional MLS

APN: 119-232-009