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Santa Maria, CA Apartment Buildings for Sale

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Furnished Santa Maria Workforce Housing
Updated: Jun 12, 2025
Furnished Santa Maria Workforce Housing

1324 N Broadway, Santa Maria, CA 93454

$9,500,000
3.95 AC lot
4‑acre property at 1324 N. Broadway in Santa Maria featuring 100 fully furnished cottages with studios and larger units
Unit mix supports approximately 350 beds total, with each room equipped with TVs, beds, dressers, and blankets for immediate occupancy
New roofs installed on all units; also includes new copper plumbing and sewer lines
~7,200 SF restaurant/kitchen and meeting hall with dining and event space for communal meals, training, or gatherings
On‑site recreation includes a soccer field, volleyball courts, and a playground
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Fully Furnished Cottage Housing Community
Updated: Mar 7, 2025
Fully Furnished Cottage Housing Community

1324 N Broadway, Santa Maria, CA 93454

$100,000
4‑acre property for lease at $100K/month gross with 100 fully furnished cottages
Cottages offer a mix of studio and larger units with 2 to 4+ beds per room for approximately 300+ beds total
Recent improvements include new roofs installed on all units
Owner has submitted permits for kitchenette installations in each unit
On‑site 7,200 SF restaurant and meeting hall plus soccer field, volleyball courts, and playground
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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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Santa Maria Multifamily Investment Opportunity
Santa Maria Multifamily Investment Opportunity

127 W Agnes Ave, Santa Maria, CA 93458

$3,500,000
7,950 sqft

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

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Mixed-Use Development Land Available
Mixed-Use Development Land Available

S Blosser Rd, Santa Maria, CA

Contact for pricing
0.49 AC lot

Land available for mixed-use development, ideal for various businesses.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Santa Maria, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Adjacent Apartment Portfolio with 24 Units
Adjacent Apartment Portfolio with 24 Units

3411-& 3505 Spring Street, Paso Robles, CA 93446

$4,900,000
16,748 sqft 0.79 AC lot

Two adjacent two-story apartment buildings totaling 24 units on separate lots with an in-place utility billing program.

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Historic Allen House Multifamily Property
Historic Allen House Multifamily Property

1700 Osos Street, San Luis Obispo, CA 93401

$3,895,000
4,688 sqft

Renovated 17-bedroom property in San Luis Obispo's Historic Downtown.

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

687 Islay, San Luis Obispo, CA 93401

$2,900,000
0.50 AC lot

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

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Multifamily Apartment Building
Multifamily Apartment Building

Paso Robles, CA 93446

Contact for pricing

For sale apartment building with residential income potential in Paso Robles, California.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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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

Value Estimation by Request
1.00 AC lot
View details
423 Church St
APARTMENT HOUSE (5+ UNITS)

423 Church St, Santa Maria, CA 93454-5270

Value Estimation by Request
0.26 AC lot
View details
1100 Liberty St
APARTMENT HOUSE (5+ UNITS)

1100 Liberty St, Santa Maria, CA 93458-6860

Value Estimation by Request
0.24 AC lot
View details
229 Bunny Ave
APARTMENT HOUSE (5+ UNITS)

229 Bunny Ave, Santa Maria, CA 93454

Value Estimation by Request
0.41 AC lot
View details
233 Bunny Ave
APARTMENT HOUSE (5+ UNITS)

233 Bunny Ave, Santa Maria, CA 93454

Value Estimation by Request
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
Value Estimation by Request
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
513 Orange St, Unit B
APARTMENT HOUSE (5+ UNITS)

513 Orange St, Santa Maria, CA 93458-5533

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 5 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 $4,698,000.

Sale prices for two-family homes in Santa Maria, CA start at $1,198,000, averaging $2,349,000, and reaching up to $3,500,000 — 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 $2.3M
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)

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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