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706 E Central Avenue #A Santa Maria, CA 93454
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Key Details
Sold Price $639,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,496 sqft
Price per Sqft $427
MLS Listing ID 23002062
Bedrooms 2
Full Baths 2
Year Built 1945
Lot Size 7,405 Sqft
Property Description
Welcome to this unique real estate opportunity! Nestled on a R-2 lot Live in one and rent out the other.. This property presents an excellent investment potential as a multi-unit dwelling.The first residence, conveniently located at the front of the property, is a well-appointed 2-bedroom, 1-bathroom home.,This dwelling provides a comfortable and inviting living space, making it an ideal choice for occupants.Adding to the property's charm, the second home is discreetly accessed through the alley, ensuring privacy for both units. This secondary dwelling is a studio with 1 bathroom, Excitingly, this property also holds potential for expansion. Prospective buyers may explore the possibility of constructing two additional units on the premises, offering an enticing opportunity for increased rental income or multifamily living. However, it is crucial for new buyers to conduct thorough due diligence and verify the feasibility of such expansion plans with the city authorities.The neighborhood is known for its convenient location, proximity to amenities, Whether you're an investor seeking to maximize rental income or a homeowner looking for a property with supplementary rental income.
Location
State CA
County Santa Barbara
Area 14 - Sm Northeast
Interior
Heating Wall Furnace
Cooling None
Laundry In Each Unit
Exterior
Roof Type Clay,Flat
Building
Foundation Raised
Others
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
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Bought with Adam A Pettit • Modern Broker