223 E Tunnell, Santa Maria, CA 93454
List Price: $1.45M
Listing Status: Active
Original List Price: $1.8M
0Days on Market: 64
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1940
Lot Size: 18,731 sq ft
Private Pool: Yes
MLS Number: SC26042800
About This Property
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.
Listing provided by: Keith Silva DRE #01335779 805-801-6498 keith@link.realestate, Link Real Estate Group, Inc.
Source: CRMLS, MLS #: SC26042800
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.