For sale

Listed by: Jose Miguel Gomez, Broker • Jose Miguel Gomez • Contact: 562-450-6011

$1,100,000

509 W Bunny Ave, Santa Maria, CA 93458

3beds

1,292sqft

$6,802/mo

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Single Family Residence

Built in 1950

6,534 Square Feet Lot

$1,061,200 Zestimate^®

$851/sqft

$-- HOA

What's special

Rare turnkey investment opportunity! This exceptional property features a beautifully remodeled 3-bedroom, 1-bath single-family home with a new roof, all completed in 2023. Also completed in 2023 are two newly constructed 2-bedroom, 1-bath ADUs and one detached studio, offering outstanding income-producing potential. All units are currently tenant-occupied, providing immediate rental income from day one. Whether you’re an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property offers incredible flexibility and value. Conveniently located near schools, shopping, restaurants, parks, and major commuter routes. Don’t miss this rare opportunity to own a move-in-ready single-family home with multiple ADUs in the heart of Santa Maria!

12 days

275

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 4
Main level bedrooms: 7

Rooms

Room types: Living Room

Cooling

None

Appliances

Laundry: Inside

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total interior livable area: 1,292 sqft

Property

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Has view: Yes
View description: None

Lot

Size: 6,534 Square Feet

Details

Parcel number: 119054023
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence
Attached to another structure: Yes

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Windows

Community & HOA

Community

Features: Curbs, Sidewalks
Subdivision: Sm Northwest(920)

Location

Region: Santa Maria

Financial & listing details

Price per square foot: $851/sqft
Tax assessed value: $659,736
Annual tax amount: $7,450
Date on market: 7/21/2026
Cumulative days on market: 12 days
Listing terms: Cash,Conventional,FHA

Estimated market value

$1,061,200

$1.01M - $1.11M

$3,416/mo

Price history

Date	Event	Price
7/22/2026	Listed for sale	$1,100,000+150%$851/sqft
Source: CRMLS #DW26159531 Report a problem
9/22/2022	Sold	$440,000-4.1%$341/sqft
Source: Public Record Report a problem
9/22/2022	Pending sale	$459,000$355/sqft
Source: North Santa Barbara County MLS #22001575 Report a problem
8/30/2022	Contingent	$459,000$355/sqft
Source: North Santa Barbara County MLS #22001575 Report a problem
8/21/2022	Price change	$459,000-2.3%$355/sqft
Source: CRMLS #PI22152846 Report a problem
7/28/2022	Price change	$469,900-2.1%$364/sqft
Source: CRMLS #PI22152846 Report a problem
7/12/2022	Listed for sale	$480,000+85.3%$372/sqft
Source: North Santa Barbara County MLS #22001575 Report a problem
9/29/2016	Sold	$259,000$200/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,450 +4.7%	$659,736 +2%
2024	$7,113 +46.2%	$646,800 +47%
2023	$4,867 +58.6%	$440,000 +55.3%
2022	$3,069 +2.8%	$283,250 +2%
2021	$2,987 +0.2%	$277,697 +1%
2020	$2,982 +1.2%	$274,851 +2%
2019	$2,947 +1.3%	$269,463 +2%
2018	$2,908 +1.2%	$264,180 +2%
2017	$2,874 +72.5%	$259,000 +74.3%
2016	$1,667 +6.5%	$148,579 +1.5%
2015	$1,565	$146,349 +2%
2014	$1,565	$143,483 +2.5%
2012	--	$140,036 +2%
2011	--	$137,291 +0.8%
2010	--	$136,266 -0.2%
2009	--	$136,591 +2%
2008	--	$133,913 +2%
2007	--	$131,288 +2%
2006	--	$128,715 +2%
2005	--	$126,192 +3.9%
2003	--	$121,453 +2%
2002	--	$119,073 +2%
2001	--	$116,739 +2%
2000	--	$114,451

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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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