$900,000
SOLD APR 3, 2025
3 Beds
2 Baths
2,675 Sq Ft
0.25 Acres

Recently Sold

$336 Per Sq Ft

18% Below List Price

27 Days on Market

About This Home

As of April 2025

Bread and Butter fourplex on a large 10,890 SF corner lot. Unit mix includes a detached 2Bed/1Bath house and a triplex with all 1Bed/1Bath units. Each unit is separately metered for gas and electricity. Triplex units have their own washer and dryer hookups. Property also features 3 carports and diagonal street front parking on Church St. The large lot offers investors the opportunity to expand the units or add ADUs. Check with the City of Santa Maria on expansion possibilities.

Last Agent to Sell the Property

Steve Battaglia

Steven Battaglia, Broker Brokerage Phone: 8056806431 License #01318215

Last Buyer's Agent

Lura Gann

BHGRE HAVEN PROPERTIES License #00639011

BHGRE HAVEN PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,353

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Apartment

Interior Spaces

  • 2,675 Sq Ft Home
  • 1-Story Property
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking

Listing and Financial Details

  • Legal Lot and Block 10 / 5
  • Assessor Parcel Number 123035001
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Sm Southwest Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $7,500
  • Operating Expense $34,556
  • Gross Income $80,280
  • Net Operating Income $41,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,353

Year Built

Built in 1940

Lot Details

0

Listing Details

  • CapRate: 3.79
  • Price Per Unit: 275000
  • Property Attached: Yes
  • Subdivision Name Other: SM Southwest(940)
  • Water Sewer Expenses: 7500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 123035001
  • Year Built: 1940
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 336.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 3.00

Utilities

  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Gross Income: 80280.00
  • Gross Multiplier: 13.70
  • Gross Scheduled Income: 80280.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 41710.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 34556.00
  • Rent Control: No
  • Total Expenses: 34556.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 24.08
  • Tax Lot: 10

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $900,000 -18.2% $336 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $1,100,000 0.0% $411 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $1,100,000 +76.0% $411 / Sq Ft
04/08/2020 04/08/20 Sold $625,000 -7.3% $63 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $674,000 -- $67 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,353 $656,985 $157,676 $499,309
2022 $7,116 $644,104 $154,585 $489,519
2021 $6,931 $631,475 $151,554 $479,921
2020 $4,328 $389,723 $119,958 $269,765
2019 $4,279 $382,082 $117,606 $264,476
2018 $4,226 $374,591 $115,300 $259,291
2017 $1,173 $101,709 $39,108 $62,601
2016 $1,123 $99,716 $38,342 $61,374
2014 $1,055 $96,297 $37,028 $59,269
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Previous Owner $400,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed -- First American Title
Grant Deed $900,000 First American Title
Grant Deed $625,000 Fidelity National Title Co
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25034106

California Regional Multiple Listing Service (CRMLS)

APN: 123-035-001