15
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$1,450,000
Est. payment /mo
3 Beds
2 Baths
0.43 Acres Lot
Active Under Contract
223 E Tunnell Santa Maria, CA 93454
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Sm Northeast(910)
MLS Listing ID SC26042800
Bedrooms 3
Lot Size 0.430 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 223 East Tunnell in beautiful Santa Maria, CA. This is a rare opportunity to purchase a multi-family rental property on a large, centrally located parcel with strong current income and room for future growth. This unique property features seven (7) single-level casitas thoughtfully arranged around a charming common courtyard, creating a welcoming community setting for residents. The property consists of four separate building structures comprising four 1-bedroom units and three 2-bedroom units. Several casitas feature private backyard spaces, while all residents enjoy access to the shared green common area in the front. Current monthly rental income is over $13,000 per month, with tenants paying electric/gas on separate meters. Various units have a private backyard space, and all units have access to a green common area in the front. The rear parking lot, conveniently accessed via the alley, offers seven onsite parking spaces along with an owners storage shed that presents potential for conversion into onsite laundry facilities. 223 East Tunnell is primed for a new owner to implement their vision and maximize its potential. Call today for a private showing.
Location
State CA
County Santa Barbara
Zoning Estimated
Direction N. Broadway to E. Tunnell
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 121153007
Listed by Keith Silva, DRE#01335779 Link Real Estate Group, Inc.
NEARBY SCHOOL & BUSINESS
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