223 E Tunnell, Santa Maria, CA 93454
223 E Tunnell, Santa Maria, CA 93454
223 E Tunnell, Santa Maria, CA 93454
223 E Tunnell, Santa Maria, CA 93454
223 E Tunnell, Santa Maria, CA 93454
223 E Tunnell, Santa Maria, CA 93454
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Debra Lowe

Debra Lowe

+1(805) 801-6911
$ 1,625,000
Est. payment | /mo

0.43 Acres Lot

Save
$ 1,625,000
Est. payment | /mo
Save

0.43 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Sm Northeast(910)

MLS Listing ID SC26042800

HOA Y/N No

Year Built 1940

Lot Size 0.430 Acres

Property Sub-Type Apartment

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 owner's 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

Area Smne - Sm Northeast

Zoning R-2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry None

Exterior

Parking Features Unpaved

Pool None

Community Features Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Flat

Total Parking Spaces 7

Private Pool No

Building

Lot Description Lawn

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 121153007

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Keith Silva Link Real Estate Group, Inc. 805-801-6498, DRE #01335779

Nearby Locations

Debra Lowe

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 801-6911

home@debralowelegacy.com

893 Marsh St., San Luis Obispo, CA, 93401, USA

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223 E Tunnell