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223 Tunnell , Santa Maria, CA 93454
Priced at Only: $1,799,000
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Address: 223 Tunnell , Santa Maria, CA 93454
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  • MLS#: SC26042800 ( Apartment )
  • Street Address: 223 Tunnell
  • Viewed: 3
  • Price: $1,799,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: SANTA BARBARA
  • City: Santa Maria
  • Zipcode: 93454
  • Subdivision: Sm Northeast(910)
  • Provided by: Link Real Estate Group, Inc.
  • Contact: Keith Keith
  • California Regional MLS IDX
  • DMCA Notice
  • 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 owners 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.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 4973.00
Carport Spaces
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Electric
  1. Standard
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 8324.00
Laundry Features
  1. None
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Lawn
Netoperatingincome
  1. 86717.00
Parcel Number
  1. 121153007
Parking Features
  1. Unpaved
Pool Features
  1. None
Professionalmanagementexpense
  1. 8618.00
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
Roof
  1. Flat
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 457435177:CRM
Subdivision Name Other
  1. SM Northeast(910)
Tenant Pays
  1. Gas
  2. Electricity
Totalexpenses
  1. 62853.00
Trash Expense
  1. 726.00
Uncovered Spaces
  1. 7.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Electricity Connected
  4. Water Connected
View
  1. Neighborhood
Water Sewer Expense
  1. 8193.00
Water Source
  1. Public
Year Built
  1. 1940
Year Built Source
  1. Estimated
Zoning
  1. R-2
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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