Investors and visionaries, take notice. 407 W. Church Street offers a rare opportunity to own a multi-unit property on an R-3 zoned lot in Santa Maria. The property consists of two detached 1-bedroom, 1-bathroom homes, each with separate utility meters, creating flexibility for rental income and future investment strategies.Set on a generous 7,405+/- sq. ft. parcel with alley access, this property provides room to explore the possibilities that R-3 zoning can offer. The rear home includes a storage shed, adding additional utility to the site. While the property would benefit from improvements, it presents an exceptional chance to build equity and unlock additional value.Whether you're expanding your real estate portfolio, searching for a value-add opportunity, or looking for a property with redevelopment potential, this unique offering checks all the boxes. Bring your ideas and see the possibilities for yourself.
29 days
|
747
|
14
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cristina NunezDRE#: 02071486805-878-4967,
CHAMPION Real Estate
Source: North Santa Barbara County MLS,MLS#: 26001149
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Heating
Wall Furnace
Cooling
None
Interior area
Total structure area: 0
Property
Features
Stories: 1
Lot
Size: 7,405 Square Feet
Details
Additional structures: Tool Shed
Parcel number: 123036008
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Foundation: Raised
Roof: Shingle
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Santa Maria
Financial & listing details
Tax assessed value: $53,376
Annual tax amount: $628
Date on market: 6/12/2026
Cumulative days on market: 29 days
Listing terms: Cash
Lease term: Month To Month
Estimated market value
Zestimate®
$546,500
Estimated sales range
$519,000 - $574,000
Rent Zestimate®
$2,615/mo
Price history
Date
Event
Price
6/26/2026
Pending sale
$550,000
Source: North Santa Barbara County MLS #26001149Report a problem
6/12/2026
Listed for sale
$550,000
Source: North Santa Barbara County MLS #26001149Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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