Income-Producing Duplex with Corner
630 East Cook Street Santa Maria, CA 93454
New
630 East Cook Street, Santa Maria, CA, 93454
$789,500
For Sale
$789,500
Two separately metered 2-bedroom, 1-bath units on a corner lot with indoor laundry in each home.
Property Size1,654 SF
Price / SF$477.33
Days on Market7
Property Features for 630 East Cook Street
General Information
- Standard status
- Active
- Size
- 1,654 SF
- Property subtype
- Multi-Family / Multi Family
Building Details
- Year Built
- 1920
Listing agency
Keller Williams Realty Santa Barbara
(805) 456-3600
Listed by
Shannon Bowdey · License #01894857
(805) 456-3600
Source
Compass
Added: Jul 16 Updated: Jul 21 at 6:58AM Checked: Jul 22 at 9:17AM
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 Keller Williams Realty Santa Barbara
Investment Insights
Based on property information with market context.
This well-maintained income-producing duplex features two separate 2-bedroom, 1-bath homes. Each unit has its own indoor laundry area with washer and dryer. The front home was built in 1920 and includes a private fenced backyard. The rear home was built in 1983 and sits above a triple-car garage, with additional fenced parking.
Both units are separately metered, with tenants responsible for their own utilities, while the owner pays for lawn service. Recent updates include a roof approximately three years old, plumbing and electrical improvements, and newer windows in Unit A.
The property is located at 630 East Cook Street, Santa Maria, CA 93454, on an approximately 8,700+ square foot corner lot, and is described as convenient to shopping, restaurants, schools, parks, medical facilities, and Highway 101.
Both units are separately metered, with tenants responsible for their own utilities, while the owner pays for lawn service. Recent updates include a roof approximately three years old, plumbing and electrical improvements, and newer windows in Unit A.
The property is located at 630 East Cook Street, Santa Maria, CA 93454, on an approximately 8,700+ square foot corner lot, and is described as convenient to shopping, restaurants, schools, parks, medical facilities, and Highway 101.
Key Highlights
- Income‑producing duplex on an 8,700+ sq ft corner lot at E. Cook Street and East Avenue
- Two separate 2‑bedroom, 1‑bath units; both units have indoor laundry area with washer and dryer
- Each unit is separately metered so tenants pay their own utilities
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $25.20 |
| − Vacancy | −$2.2k | −$1.32 |
| EGI | $39.5k | $23.88 |
| − OpEx | −$11.9k | −$7.17 |
| NOI | $27.7k | $16.72 |
1,654 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$395.1K
$345.7K – $460.9K
NOI $27,654 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$343.4K
$300.5K – $400.6K
NOI $24,036 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$558.9K
$489.1K – $652.1K
NOI $39,124 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two separately metered 2-bedroom, 1-bath units on a corner lot with indoor laundry in each home.
Where is this duplex located?
The property is located at 630 East Cook Street Santa Maria, CA.
What is the asking price?
The asking price for this property is $789,500.
What are key features of this property?
This property features: Income‑producing duplex on an 8,700+ sq ft corner lot at E. Cook Street and East Avenue; Two separate 2‑bedroom, 1‑bath units; both units have indoor laundry area with washer and dryer; Each unit is separately metered so tenants pay their own utilities
