614 W Orange St Santa Maria, CA 93458
Santa Maria West NeighborhoodEstimated payment $5,481/month
Highlights
- Private Yard
- Wall Furnace
- 1-Story Property
- Tile Flooring
About This Home
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.
Listing Agent
Steven Battaglia, Broker Brokerage Phone: 8056806431 License #01318215
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $599
Year Built
- Built in 1908
Lot Details
- 7,405 Sq Ft Lot
- No Common Walls
- Private Yard
Interior Spaces
- 1,680 Sq Ft Home
- 1-Story Property
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 123112002
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,275
- Insurance Expense $2,274
- Trash Expense $1,000
- Water Sewer Expense $1,000
- Operating Expense $27,247
- Gross Income $75,000
- Net Operating Income $44,121
Map
Home Values in the Area
Average Home Value in this Area
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 | $599 | $51,313 | $17,408 | $33,905 |
| 2022 | $579 | $50,308 | $17,067 | $33,241 |
| 2021 | $563 | $49,323 | $16,733 | $32,590 |
| 2020 | $561 | $48,818 | $16,562 | $32,256 |
| 2019 | $555 | $47,862 | $16,238 | $31,624 |
| 2018 | $548 | $46,924 | $15,920 | $31,004 |
| 2017 | $542 | $46,005 | $15,608 | $30,397 |
| 2016 | $518 | $45,103 | $15,302 | $29,801 |
| 2014 | $488 | $43,557 | $14,778 | $28,779 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2025 01/25/25 | For Sale | $975,000 | -- | $580 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $135,800 | New Conventional | |
| Previous Owner | $150,000 | Stand Alone Refi Refinance Of Original Loan |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25003141
APN: 123-112-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 614 W Orange St
- 529 S Pine St
- 607 W Church St
- 512 Edwards
- 801 S Mcclelland St
- 909 Pershing St
- 303 N Lincoln St
- 420 N Railroad Ave
- 117 W Fesler St Unit A,B,C,D,E
- 512 N Lincoln St
- 2096 S Lincoln St
- 323 Vine St
- 514 E Cook St
- 215 N Miller St
- 435 E Park Ave Unit 6
- 512 Edward St
- 609 S Elizabeth St
- 609 E Church St