215 N Miller St - Apartments FOR SALE


Santa Maria, CA 93454
$1,810,000 USD
805-680-6431
215 N Miller St, Santa Maria, CA for Sale
$1,810,000 USD
Apartments - FOR SALE
1/6
null | 4.97% Cap Rate

215 N Miller St
Santa Maria, CA 93454


HIGHLIGHTS

  • Great Location - Close to Downtown
  • Many Units with Private Front & Back Patios
  • Shared Courtyard Area

OVERVIEW

This well-located 7-unit property sits on a 14,374 SF lot in the Bungalow District of Santa Maria’s Downtown Specific Plan. The property includes a fourplex, duplex, and a detached single-family home with (2) 3Bed/1Bath units, (4) 2Bed/1Bath units, and (1) Studio. Most units feature dual-pane windows, 6-panel doors, tile countertops and flooring, and newer electrical and plumbing. Many units offer private front or back patios, with a few opening onto a shared courtyard. There is also an additional room that was formerly a laundry room. The property is conveniently close to the Santa Maria Town Center, offering easy access to shopping and other amenities.

FOR SALE DETAILS

PRICE

$1,810,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

7

PRICE/UNIT

$258,571

CAP RATE

4.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,374 SF

ZONING

SP Bungalow

APN/PARCEL ID

121-225-009

ASK ABOUT THIS PROPERTY

Steve BattagliaBattaglia Commercial Real EstateMore Info
805-680-6431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steve BattagliaBattaglia Commercial Real EstateMore Info
805-680-6431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.