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.
Sold for $639,000 on 04/24/24
$639,000
706 E Central Ave #A, Santa Maria, CA 93454
2beds
1,496sqft
Multi Family
Built in 1945
-- sqft lot
$687,800 Zestimate®
$427/sqft
$2,321 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 04, 2024 at 05:06am
Listed by:
Martha Calderon DRE#: 01371766 805-310-1150,
Real Estate Unlimited
Bought with:
Adam A Pettit, DRE#: 02114093
Modern Broker
Source: North Santa Barbara County MLS,MLS#: 23002062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: In Unit
Interior area
- Total structure area: 1,496
- Total interior livable area: 1,496 sqft
Property
Features
- Fencing: Fenced Yard
Lot
- Size: 7,405 sqft
Details
- Parcel number: 125122002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Raised
- Roof: Flat,Clay
Condition
- Year built: 1945
Community & neighborhood
Location
- Region: Santa Maria
Other
Other facts
- Listing terms: New Loan,Cash