Multifamily

Santa Maria, CA Multifamily Properties for Sale

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Santa Maria Multifamily Investment Opportunity
Updated: Jan 27
Santa Maria Multifamily Investment Opportunity

127 W Agnes Ave, Santa Maria, CA 93458

$3,500,000
7,950 sqft
Assumable 3.77% Interest‑Only Agency Loan (Positive Leverage)
Immediate Cash Flow
13 Units in Santa Maria
Ideal Unit Mix: Studios, One‑Bedroom, and Two‑Bedroom Units
Central Courtyard with Open Green Space
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This listing looks promising.

Here's a quick look at some key insights for

127 W Agnes Ave, Santa Maria, CA 93458

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Commercial Income Property with Shop
Updated: Jul 3
Commercial Income Property with Shop

285 Dal Porto Lane, Santa Maria, CA 93458

$1,095,000
1,660 sqft 0.65 AC lot
Income‑producing property with multiple tenant spaces: 5 bed/2 bath home plus a 40' x 40' shop and yard space rented to 3 separate tenants
Commercial/Manufacturing zoning; includes a 40' x 40' shop building currently rented
Additional 2 bed/1 bath building in progress (interior needs to be finished) with new electrical and rough‑in plumbing installed
Recent improvements include replaced electrical (inside both homes), septic, new water heater (serviced yearly), and updated plumbing inside both homes
Main house updates include replaced flooring, new decking on the back porch, new windows in some rooms and bathrooms, and new bathroom vents
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Residential Income Triplex with Garages
Residential Income Triplex with Garages

417 E Cook Street, Santa Maria, CA 93454

$979,000
7,500 sqft 0.14 AC lot

Triplex for sale featuring a front single-family home and back duplex units with attached garages.

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Furnished Santa Maria Workforce Housing
Furnished Santa Maria Workforce Housing

1324 N Broadway, Santa Maria, CA 93454

$9,500,000
3.95 AC lot

Four-acre property with 100 cottages, ideal for workforce housing.

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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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Fully Furnished Cottage Housing Community
Fully Furnished Cottage Housing Community

1324 N Broadway, Santa Maria, CA 93454

$100,000

100 fully furnished cottages with recent new roofs, plus a restaurant and meeting hall, available for immediate occupancy.

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Mixed-Use Property in Santa Maria
Mixed-Use Property in Santa Maria

3375 ORCUTT RD, Santa Maria, CA 93455

$1,750,000
2,650 sqft 1.06 AC lot

Mixed-use property with residential units on a large lot.

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Two-Unit Residential Income Duplex
Two-Unit Residential Income Duplex

410 E Fesler, Santa Maria, CA 93454

$549,900

Updated two-bedroom main home plus an attached, self-contained studio with a private side entrance.

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Mixed-Use Retail and Residential Building
Mixed-Use Retail and Residential Building

610 W Main, Santa Maria, CA 93458

$850,000

Mixed-use property with an active storefront and three residential units, offering rental income alongside space for business use.

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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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Updated Mobile Home in Park
Updated Mobile Home in Park

1206 Via Felice, Santa Maria, CA 93454

$165,000

Updated double wide mobile home in senior resident park.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Santa Maria, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Renovated Duplex on Oversized Lot
Renovated Duplex on Oversized Lot

247 E Branch Street, Nipomo, CA 93444

$700,000
968 sqft 0.38 AC lot

For sale renovated duplex with two homes, modern upgrades, and a large covered carport on an oversized lot.

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Multi-Unit Development Opportunity
Multi-Unit Development Opportunity

172 N 13th Street, Grover Beach, CA 93433

$975,000

Corner multifamily property includes two residential units and a separately rented garage.

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Upgraded Duplex Investment Opportunity
Upgraded Duplex Investment Opportunity

770 Beverly, Nipomo, CA 93444

$699,000

Nipomo duplex with income potential and recent upgrades.

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Grover Beach Four-Unit Apartment Building
Grover Beach Four-Unit Apartment Building

956 S 13th Street, Grover Beach, CA 93433

$1,249,000

Four-unit apartment building in Grover Beach, built in 1976.

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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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Scenic Land with Sweeping Views
Scenic Land with Sweeping Views

394 Rim Rd, Bodfish, CA 93205

Contact for pricing
4.37 AC lot

4.37-acre parcel with lake, mountain, and valley views.

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Lake Isabella Build-Ready Lot
Lake Isabella Build-Ready Lot

2517 Webb Ave, Lake Isabella, CA 93240

$30,000
0.20 AC lot

Single-family lot with utilities in established Lake Isabella neighborhood.

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Wofford Heights Vacant Land Opportunity
Wofford Heights Vacant Land Opportunity

630 Evans Rd, Wofford Heights, CA 93285

$449,000
3.49 AC lot

Vacant land with lake views and development potential.

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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.

10695 Crystal Spgs Rd
MOBILE HOME PARK, TRAILER PARK

10695 Crystal Spgs Rd, Santa Maria, CA 93454-9514

Value Estimation by Request
13.99 AC lot
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740 Western Ave
APARTMENT HOUSE (5+ UNITS)

740 Western Ave, Santa Maria, CA 93458-6056

$36,600,000
Estimated value
1.78 AC lot
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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
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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
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229 Bunny Ave
APARTMENT HOUSE (5+ UNITS)

229 Bunny Ave, Santa Maria, CA 93454

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

233 Bunny Ave, Santa Maria, CA 93454

Value Estimation by Request
0.75 AC lot
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Santa Maria, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Santa Maria, CA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 32,060 square feet of properties for sale, with an estimated market value of $8,522,000.

Sale prices for multifamily properties in Santa Maria, CA start at $979,000, averaging $1,704,400, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 6
Triplexes 3
Duplexes 2
Mobile home & RV parks 2

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
93455 $1.5M
93458 $1.8M
93454 $2.7M

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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