Apartment Building with ADU
For Sale
$3,325,000
115 S Bradley Road, Santa Maria, CA 93454
Thirteen-unit property offers a diversified mix of one-, two-, and three-bedroom apartments.
Property SizeContact for details
Days on Market12
Property Features for 115 S Bradley Road
General Information
Standard status
Active
Property subtype
Multi-family
Building Details
Year Built
1964
Listing Agency:
Apartment Investment Specialis
Listed By:
Craig Lieberman
(714) 497-3550
Source:
Sevengables
Added: Sep 12
Changed: Sep 21
Last Checked: Sep 22 at 5:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Investment Specialis
Investment Insights
Based on property information with market context.
Located at 115 S Bradley Road in Santa Maria, this multifamily property contains 13 units and was built in 1964. The configuration includes six one-bedroom/one-bathroom apartments, five two-bedroom/one-bathroom apartments, and two three-bedroom/one-bathroom apartments, creating a varied residential offering within one asset. Recent capital improvements are also noted.
The property is being offered in conjunction with 123 S Bradley Road, Santa Maria, identified as APN 125-053-007. Additional-density planning may be possible through accessory dwelling units. Under California Senate Bill 1211, owners of multifamily properties may be eligible for up to one ADU per existing unit, subject to applicable density, zoning, building, and other requirements, with a maximum of eight ADUs. Two areas near the S. Bradley Road frontage are identified as potential locations for at least some ADU construction.
The property is being offered in conjunction with 123 S Bradley Road, Santa Maria, identified as APN 125-053-007. Additional-density planning may be possible through accessory dwelling units. Under California Senate Bill 1211, owners of multifamily properties may be eligible for up to one ADU per existing unit, subject to applicable density, zoning, building, and other requirements, with a maximum of eight ADUs. Two areas near the S. Bradley Road frontage are identified as potential locations for at least some ADU construction.
Key Highlights
- 13‑unit multifamily property built in 1964
- Six 1‑bedroom/1‑bathroom units, five 2‑bedroom/1‑bathroom units, and two 3‑bedroom/1‑bathroom units
- Potential ADU development near the S. Bradley Road frontage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
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Business Placement
Demographics for 93454, CA
40,994
Population
12,413
Households
3.3
Avg Household Size
33
Median Age
18%
College-Educated
74%
High-School Grad
418.3 sq mi
ZIP Area
98
Density / Sq Mi
$84,178
Median Household Income
$34,883
Median Earnings
$1,750
Median Rent
$477,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Thirteen-unit property offers a diversified mix of one-, two-, and three-bedroom apartments.
Where is this apartment building located?
The property is located at 115 S Bradley Road Santa Maria, CA.
What is the asking price?
The asking price for this property is $3,325,000.
What are key features of this property?
This property features: 13‑unit multifamily property built in 1964; Six 1‑bedroom/1‑bathroom units, five 2‑bedroom/1‑bathroom units, and two 3‑bedroom/1‑bathroom units; Potential ADU development near the S. Bradley Road frontage
