223 W Newlove Dr, Santa Maria, CA

Type: Multi-Family
Price: $695,000
Units: 4
Flyer (PDF)

Solid investment property in Santa Maria. Great for first time investor or add to your existing portfolio. Newer roof, dual pane windows, copper plumbing, electrical upgrades, tile floors throughout, and recently remodeled bathrooms. Newly painted exterior. This asset features four 2Bed/1.5Bath apartment units of approximately 850 SF each and has 4 carports with extra storage. Conveniently located near shops, restaurants, grocery outlets, and transportation.

225 S Russell Ave, Santa Maria, CA

Type: Multi-Family
Price: $799,000
Units: 5
Flyer (PDF)

Great opportunity to purchase a small investment property in Santa Maria. The units are large, fully occupied, and getting strong rents. 10.1 GRM! Good unit mix with (1) 3Bed/1.5Bath townhouse, (2) 2Bed/1Bath townhouses, and (2) 1Bed/1Bath flat units. Units have tile and laminate flooring, tile counter tops, and gas appliances. They are separately metered for electric and gas and feature individual hot water heaters. Many new dual pane windows. The building is close to Russell Park, schools, and shopping. Tenants enjoy off-street, covered parking and a common area laundry room. Some deferred maintenance.

284 E Foothill Blvd, San Luis Obispo, CA

Type: Multi-Family
Price: $695,000
Units: See description
Flyer (PDF)

Investment property near Cal Poly. Older residential property, historically rented as 2 separate, non-conforming units.  Recently passed SLO Rental Housing Inspections. Downstairs is 3Bed/1.75Bath with living area and kitchen. Upstairs is 1Bed/1Bath with living area and kitchen. Large, deep lot. 2-car garage plus carport plus additional on-site parking. Pro forma income $54,600 yields a 12.7 GRM. Solid investment property, always full. Property is being sold As-Is. This won’t last!

409-415 Tiffany Dr, Santa Maria, CA

Type: Multi-Family
Price: $1,095,000
Units: 4
Flyer (PDF)

Attractive fourplex with 4 APNs constructed and mapped as condominiums but have always been operated as apartments. Includes one 3Bed/1.75Bath unit and three 2Bed/1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. The property is located in a park-like setting within a desirable residential neighborhood. Rents are below market with as much at 30% upside in rents with interior upgrades. New exterior paint. Lots of opportunity with this property.

526 N L St, Lompoc, CA

Type: Multi-Family
Price: $875,000
Units: 6
Flyer (PDF)

6-Plex with generously sized units. Unit mix includes (4) 3Bed/2Bath and (2) 2Bed/2Bath units. Downstairs units have private patios, while upstairs units have tall, open beam ceilings. All units have dual pane windows and are separately metered for electricity and gas. Property also features a common area laundry room with 2 washers and 2 dryers, included in the sale. Property is located near schools, shopping, and the Lompoc Aquatic Center.

1844 S Thornburg St, Santa Maria, CA

Type: Multi-Family
Price: $495,000
Units: 3
Flyer (PDF)

Here’s your opportunity to acquire a solid and stable multi-family investment property. Great for entry level investors or to add to your portfolio. All units have 2 bedrooms and 1 bathroom with covered parking in the rear of the building. Units are separately metered for electricity and gas. Rents are below market. Call listing agent for more details.

2939 Grand Ave, Los Olivos, CA

Type: Retail
Price: $1,295,000 (was $1,500,000)
Building Size: 1,000 SF approx
Lot Size: 3,485 SF approx
Year Built: circa 1910
Zoning: C2
Flyer (PDF)
Video

Dream investment in Santa Barbara wine country! Now with new price. This unique property on Grand Avenue in downtown Los Olivos has outstanding visibility and enjoys superb foot traffic year round from the town's numerous tourists and wine lovers. This is the perfect high exposure location for a tasting room or other retail use. The property includes a 1,000sf retail building and an inviting back patio perfect for private parties, small events, or just as a place for guests to relax and unwind. Zoning allows for retail use, gifts, art gallery and more. Be part of the wine country lifestyle in the newly formed Los Olivos AVA!
More information and photos...

Sold

1297 Jonata Park Rd, Buellton, CA

Type: Land with Restaurant & Dance Hall
Price: $2,500,000
Building Size: 9,730 SF
Flyer (PDF)

Former Zaca Creek Restaurant and El Reno Catering (Dance) Hall now for sale! This Valley icon has memories for all. Large 2.86-acre lot with great visibility from the 101 Freeway, boasting over 24,000 cars per day.

Property improvements include a full service restaurant with separate bar (approx. 5,150 SF), a catering/dance hall with a full service kitchen (approx. 4100 SF), a 1Bed/1Bath caretaker's cottage, and excellent parking. Sold as-is with all furnishings and memorabilia. Needs TLC but terrific highway frontage opportunity.

Property is zoned Commercial Highway (CH), which provides for uses such as restaurants, hotels and motels, automotive services, and more. This is an opportunity to take advantage of the tremendous growth in the area. The City of Buellton currently has approved over 518 new residential homes/units, 2 new hotels, a 240-room senior living facility, 56 new campsites, and a planned bowling alley.