223 E Tunnell ST, Santa Maria, CA 93454
223 E Tunnell ST, Santa Maria, CA 93454
223 E Tunnell ST, Santa Maria, CA 93454
223 E Tunnell ST, Santa Maria, CA 93454
223 E Tunnell ST, Santa Maria, CA 93454
223 E Tunnell ST, Santa Maria, CA 93454
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Listed by Erik Berg-Johansen Central Coast Sotheby's International Realty
$ 1,450,000
Est. payment | /mo

10 Beds

7 Baths

4,973 SqFt


Save
$ 1,450,000
Est. payment | /mo
Save

10 Beds

7 Baths

4,973 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,973 sqft

Price per Sqft $291

MLS Listing ID 26000387

Bedrooms 10

Full Baths 7

Year Built 1940

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Multi Family

Source North Santa Barbara County Regional MLS

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 $12,000 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

Interior

Heating Wall Furnace

Cooling None

Heat Source Wall Furnace

Laundry None

Exterior

Private Pool No

Building

Lot Description Corner

Foundation Raised, None

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 121-153-007

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

North Santa Barbara County MLS (NSBCMLS)

Schools and Properties Nearby

Jill Bennett

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(805) 478-8448

jill@jillbennetthomes.com

1303 E Grande Ave. #123, Arroyo Grande, CA, 93420, USA

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223 E Tunnell ST