Rare INVESTMENT OPPORTUNITY to purchase this 11 unit Multi-Family asset located in Santa Maria. Situated on a +/- .83 acre lot, the property's net leasable area is +/- 8,606 square feet, with the unit mix consisting of three (3) 1-bed, one-bath units; (6) 2-bed, one-bath units; (1) three-bed, 1-bath unit, and (1) four-bed, two-bath unit. The six buildings date from 1932, 1946, and 1988. The subject property is a flag shaped lot with off street parking. Carports consist of approximately 1,034 square feet. Current rents are below market. Remodel the existing units to maximize the ROI. This central neighborhood is an older, fully developed area comprised of a mix of average quality, single family housing built on a tract and on a single unit basis.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
