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    Santa Maria, CA Apartment Buildings for Sale

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    Nipomo, CA Guadalupe, CA Arroyo Grande, CA Casmalia, CA Grover Beach, CA Oceano, CA Templeton, CA Pismo Beach, CA
    6 properties
    Apartment Building with 100 Cottages
    Updated: Jun 12, 2025
    Apartment Building with 100 Cottages

    1324 N Broadway, Santa Maria, CA 93454

    $9,500,000
    3.95 AC lot
    3.95‑acre apartment‑building community with 100 fully‑furnished cottages
    Approx. 350 beds across studio and larger unit types; 2 to 4+ beds per room
    Currently equipped with TVs, beds, dressers, and blankets for immediate occupancy
    New roofs on all units plus new copper plumbing and sewer lines
    ~7,200 SF restaurant/kitchen and meeting hall with dining and event space
    View details
    100-Cottage Workforce Housing Property
    Updated: Mar 7, 2025
    100-Cottage Workforce Housing Property

    1324 N Broadway, Santa Maria, CA 93454

    $100,000
    4‑acre C‑2 zoned property with 100 fully‑furnished cottages
    Vacant and move‑in ready for immediate occupancy
    Mix of studio and larger units with 2 to 4+ beds per room; approx 300+ beds total
    7,200 SF restaurant and meeting hall plus soccer field, volleyball courts, and playground
    New roofs installed on all units
    View details
    Santa Maria Multifamily Rehab Opportunity
    Santa Maria Multifamily Rehab Opportunity

    1015 Russell, Santa Maria, CA 93458

    $1,198,000
    12,300 sqft

    15-unit apartment building in Santa Maria, CA. Rehab potential.

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    See what stands out in Santa Barbara County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Santa Maria Multifamily Investment Opportunity
    Santa Maria Multifamily Investment Opportunity

    127 W Agnes Ave, Santa Maria, CA 93458

    Contact for pricing
    7,950 sqft

    13-unit multifamily property in Santa Maria with assumable loan.

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    Furnished Cottage Apartment Community
    Furnished Cottage Apartment Community

    1324 N Broadway, Santa Maria, CA 93454

    Contact for pricing
    4.00 AC lot

    A furnished apartment community with communal facilities, outdoor recreation, and planned kitchenette upgrades.

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    Corner Lot Multifamily Property
    Corner Lot Multifamily Property

    909 N Broadway, Santa Maria, CA 93454

    Contact for pricing

    15-unit multifamily property with remodeled exterior and interior upgrades, plus select units with covered parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Santa Maria, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Victorian Residence in San Luis Obispo
    Historic Victorian Residence in San Luis Obispo

    687 Islay Street, San Luis Obispo, CA 93401

    $2,600,000
    20,735 sqft 0.50 AC lot

    Iconic Victorian residence with income potential in downtown San Luis Obispo.

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    8-Unit Multifamily with Private Patios
    8-Unit Multifamily with Private Patios

    3380 Bullock Ln, San Luis Obispo, CA 93401

    $3,075,000

    Eight-unit multifamily offering private patios, updated kitchens with stainless-steel appliances, and on-site coin-operated laundry.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    516 N U St, Lompoc, CA 93436

    $1,500,000
    0.32 AC lot

    Multifamily property comprising one-bedroom residences with one bathroom per unit.

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    12-Unit Apartment Building in Opportunity Zone
    12-Unit Apartment Building in Opportunity Zone

    221 North N Street, Lompoc, CA 93436

    Contact for pricing
    0.34 AC lot

    Two-story garden-style buildings feature two-bedroom apartments, shared laundry, a courtyard, and separate gas and electric metering.

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    Off-Market Properties in Santa Maria, CA

    Consider similar Off-Market properties in Santa Maria, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    740 Western Ave
    APARTMENT HOUSE (5+ UNITS)

    740 Western Ave, Santa Maria, CA 93458-6056

    $36,600,000
    Estimated value
    1.78 AC lot
    View details
    741 Western Ave
    APARTMENT HOUSE (5+ UNITS)

    741 Western Ave, Santa Maria, CA 93458-6069

    $36,600,000
    Estimated value
    4.40 AC lot
    View details
    741 Western Ave
    APARTMENT HOUSE (5+ UNITS)

    741 Western Ave, Santa Maria, CA 93458-6069

    $36,600,000
    Estimated value
    1.19 AC lot
    View details
    740 Western Ave
    APARTMENT HOUSE (5+ UNITS)

    740 Western Ave, Santa Maria, CA 93458-6056

    $36,600,000
    Estimated value
    1.36 AC lot
    View details
    740 Western Ave
    APARTMENT HOUSE (5+ UNITS)

    740 Western Ave, Santa Maria, CA 93458-6056

    $36,600,000
    Estimated value
    1.68 AC lot
    View details
    301 Mcelhany Ave
    APARTMENT HOUSE (5+ UNITS)

    301 Mcelhany Ave, Santa Maria, CA 93454-3127

    $1,400,000
    Estimated value
    0.26 AC lot
    View details
    229 Mcelhany Ave
    APARTMENT HOUSE (5+ UNITS)

    229 Mcelhany Ave, Santa Maria, CA 93454-3100

    $1,400,000
    Estimated value
    0.16 AC lot
    View details
    1002 Blosser Rd
    APARTMENT HOUSE (5+ UNITS)

    1002 Blosser Rd, Santa Maria, CA 93458-4947

    $355,000
    Estimated value
    1.00 AC lot
    View details
    423 Church St
    APARTMENT HOUSE (5+ UNITS)

    423 Church St, Santa Maria, CA 93454-5270

    $380,000
    Estimated value
    0.26 AC lot
    View details
    1100 Liberty St
    APARTMENT HOUSE (5+ UNITS)

    1100 Liberty St, Santa Maria, CA 93458-6860

    $290,000
    Estimated value
    0.24 AC lot
    View details
    229 Bunny Ave
    APARTMENT HOUSE (5+ UNITS)

    229 Bunny Ave, Santa Maria, CA 93454

    $300,000
    Estimated value
    0.41 AC lot
    View details
    233 Bunny Ave
    APARTMENT HOUSE (5+ UNITS)

    233 Bunny Ave, Santa Maria, CA 93454

    $325,000
    Estimated value
    0.75 AC lot
    View details
    426 Lincoln St
    APARTMENT HOUSE (5+ UNITS)

    426 Lincoln St, Santa Maria, CA 93458-5589

    $800,000
    Estimated value
    0.41 AC lot
    View details
    608 Fesler St
    APARTMENT HOUSE (5+ UNITS)

    608 Fesler St, Santa Maria, CA 93458-4063

    $1,180,000
    Estimated value
    0.37 AC lot
    View details
    730 Fesler St, Unit A
    APARTMENT HOUSE (5+ UNITS)

    730 Fesler St, Santa Maria, CA 93458-4103

    Unit A
    $365,000
    Estimated value
    0.44 AC lot
    View details
    123 Bradley Rd
    APARTMENT HOUSE (5+ UNITS)

    123 Bradley Rd, Santa Maria, CA 93454-5335

    $2,050,000
    Estimated value
    3,730 sqft 0.30 AC lot
    View details
    115 Bradley Rd
    APARTMENT HOUSE (5+ UNITS)

    115 Bradley Rd, Santa Maria, CA 93454-5334

    $2,050,000
    Estimated value
    3,282 sqft 0.30 AC lot
    View details
    511 Orange St, Unit B
    APARTMENT HOUSE (5+ UNITS)

    511 Orange St, Santa Maria, CA 93458-5501

    Unit B
    $1,600,000
    Estimated value
    1,000 sqft 0.02 AC lot
    View details

    Santa Maria, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Maria, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 20,250 square feet of properties for sale, with an estimated market value of $10,798,000.

    Sale prices for two-family homes in Santa Maria, CA start at $100,000, averaging $3,599,333, and reaching up to $9,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 145K
    Population Growth (5Y) +1.4%
    Median Household Income $87,267
    College Educated 15.3%

    High-Yield Neighborhoods for Investment

    Identify Santa Maria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93458 $1.2M
    93454 $4.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $20.48 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Barbara County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Maria fall within the 25,000 to 50,000 square foot range.

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