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10 Studio Apartments

200 E Tunnell Street, Santa Maria , California 93454 - Santa Barbara County
$850,000 0.50 Acres
Property ID 2504429


Santa Maria, California income producing multi-family property for sale in Santa Barbara County near Vandenburg Air Force Base: Real Estate includes 10 Studio Apartment Units, located on a corner lot in Northeast Santa Maria on Tunnell Street & McClelland. Great central California investment property has great cash flow and is in good overall condition. Conveniently located near Santa Maria's: shopping, food, parks, public transportation, and more. Each of the 10 rental units is a Studio with its' own full-bath. Rental income ranging from $650-725/per month. Owner pays for water, trash, and half of gas. Tenants pay electric. Apartments have recently updated flooring, stoves, heaters. Multi-Family real estate has a recent roof. Approximately 5-parking spaces on-site, with additional parking available on the street. Santa Barbara County income producing real estate is presently 100% occupied, and rents quickly & easily. Great investment opportunity equipped to pay for itself. 04082-10522


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