Welcome to this unique real estate opportunity! Nestled on a single expansive lot, 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 seeking a cozy yet spacious environment. 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.
Property Details
Price:
$649,000
MLS #:
PI23218534
Status:
Closed ((Apr 24, 2024))
Baths:
0
Address:
706 E Central Avenue
Type:
Residential Income
Subtype:
Duplex
Subdivision:
SM Northeast910
Neighborhood:
smnesmnortheast
City:
Santa Maria
Listed Date:
Nov 28, 2023
State:
CA
ZIP:
93454
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1945
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnnMortgage Calculator
Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
2.00
Lot Features
2-5 Units/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Buyer Agent Compensation
2.000
Map
Community
- Address706 E Central Avenue Santa Maria CA
- AreaSMNE – SM Northeast
- CitySanta Maria
- CountySanta Barbara
- Zip Code93454
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Courtesy of Real Estate Unlimited, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
706 E Central Avenue
Santa Maria, CA
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