Santa Maria, CA Multifamily Properties for Sale

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Triplex in Established Orcutt Neighborhood

$1,199,999

2,421 SF

Triplex in Established Orcutt Neighborhood

1172 E Rice Ranch Road, Santa Maria, CA 93455

Three homes on one lot with income potential and modern comfort.

Three Homes on One Lot: Main house (4 bed, 2 bath) plus two newly built units (2 bed, 1 bath and 1 bed, 1 bath) offering versatility and income potential.
Income‑Generating Property: All three units are currently tenant‑occupied, providing immediate rental income.
Newly Built Units: Two detached units built in 2025, each with a kitchen, living area, laundry, and mini‑split (a/c and heat).
Remodeled Main Home: Features an open‑concept floorplan, modern kitchen with shaker‑style cabinetry and quartz countertops, updated bathrooms, and newer stainless‑steel appliances.
Desirable Location: Situated in a well‑established Orcutt neighborhood, close to schools, shopping, dining, and commuter access.

Updated: Feb 19

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$9,500,000

3.95 Acres

Furnished Santa Maria Workforce Housing

1324 N Broadway, Santa Maria, CA 93454

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

100 fully‑furnished cottages with ~350 beds, ready for immediate occupancy, ideal for workforce housing or community living.
~7,200 SF restaurant/kitchen and meeting hall for communal dining, training, and events.
Located in Santa Maria, CA, a fast‑growing city with high demand for affordable workforce housing.
4‑acre property with amenities including a soccer field, volleyball courts, and a playground.
New roofs, copper plumbing, and sewer lines installed.

Updated: Jun 12, 2025

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$100,000

Furnished Cottages in Santa Maria

100 furnished cottages suitable for workforce or community housing.

1324 N Broadway, Santa Maria, CA 93454

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Santa Maria Multifamily Rehab Opportunity

$1,198,000

12,300 SF

Santa Maria Multifamily Rehab Opportunity

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

1015 Russell, Santa Maria, CA 93458

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Santa Maria Multifamily Investment Opportunity

$3,500,000

7,950 SF

Santa Maria Multifamily Investment Opportunity

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

127 W Agnes Ave, Santa Maria, CA 93458

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$1,225,000

Remodeled Home with Income Potential

Remodeled 4-bedroom home with two additional income-producing units.

1172 E Rice Ranch Road, Santa Maria, CA 93455

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Contact for pricing

0.49 Acres

Mixed-Use Development Land Available

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

S Blosser Rd, Santa Maria, CA

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Based on your search, we've compiled 365 Potential Opportunities for your consideration. Besides 7 Active listings in Santa Maria, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 350 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Oceano Multifamily Investment Opportunity

$1,800,000

5,500 SF

Oceano Multifamily Investment Opportunity

10-unit multifamily property near the beach in Oceano, California.

1960 Beach Street, Oceano, CA 93445

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$1,800,000

Oceano Multifamily Investment Opportunity

Ten-unit multifamily property near Central Market and Oceano beach.

1960 Beach Street, Oceano, CA 93445

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$1,295,000

Grover Beach Four-Unit Apartment Building

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

956 S 13th Street, Grover Beach, CA 93433

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$994,000

1,794 SF

Grover Beach Multifamily Property

Updated duplex with potential for a third unit near the beach.

241 S 10th Street, Grover Beach, CA 93433

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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.

Contact for pricing

4.37 Acres

Scenic Land with Sweeping Views

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

394 Rim Rd, Bodfish, CA 93205

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Contact for pricing

0.69 Acres

Lake Isabella Vacant Lot

Vacant lot near Lake Isabella, suitable for house or manufactured home.

Commercial Ave, Lake Isabella, CA 93240

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$30,000

0.20 Acres

Lake Isabella Build-Ready Lot

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

2517 Webb Ave, Lake Isabella, CA 93240

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$449,000

3.49 Acres

Wofford Heights Land with Lake Views

3.49 acres with lake frontage and development potential.

630 Evans Rd, Wofford Heights, CA 93285

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Explore 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.

APARTMENT HOUSE (5+ UNITS) • 1.00 Acre

Value Estimation by Request

1002 Blosser Rd, Santa Maria, CA 93458-4947

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423 Church St

APARTMENT HOUSE (5+ UNITS) • 0.26 Acres

Value Estimation by Request

423 Church St, Santa Maria, CA 93454-5270

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1100 Liberty St

APARTMENT HOUSE (5+ UNITS) • 0.24 Acres

Value Estimation by Request

1100 Liberty St, Santa Maria, CA 93458-6860

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229 Bunny Ave

APARTMENT HOUSE (5+ UNITS) • 0.41 Acres

Value Estimation by Request

229 Bunny Ave, Santa Maria, CA 93454

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APARTMENT HOUSE (5+ UNITS) • 0.44 Acres

Value Estimation by Request

730 Fesler St, Santa Maria, CA 93458-4103

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123 Bradley Rd

APARTMENT HOUSE (5+ UNITS) • 3,730 SF

Value Estimation

$2,050,000

123 Bradley Rd, Santa Maria, CA 93454-5335

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Santa Maria, CA Multifamily Properties Investment Opportunities Market Analysis

Explore 357 multifamily properties for sale in Santa Maria, CA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 420,047,195 square feet of properties for sale, with an estimated market value of $275,269,999.

Sale prices for multifamily properties in Santa Maria, CA start at $95,000, averaging $1,775,935, and reaching up to $21,110,000 — 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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Santa Maria, CA Multifamily Properties for Sale

Triplex in Established Orcutt Neighborhood

Three homes on one lot with income potential and modern comfort.

Furnished Santa Maria Workforce Housing

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

Furnished Cottages in Santa Maria

Santa Maria Multifamily Rehab Opportunity

Santa Maria Multifamily Investment Opportunity

Remodeled Home with Income Potential

Mixed-Use Development Land Available

Explore Opportunities in Nearby Cities

Oceano Multifamily Investment Opportunity

Oceano Multifamily Investment Opportunity

Grover Beach Four-Unit Apartment Building

Grover Beach Multifamily Property

Potential Development Sites for Consideration

Scenic Land with Sweeping Views

Lake Isabella Vacant Lot

Lake Isabella Build-Ready Lot

Wofford Heights Land with Lake Views

Explore Off-Market Properties in Santa Maria, CA

10695 Crystal Spgs Rd

740 Western Ave

741 Western Ave

741 Western Ave

740 Western Ave

740 Western Ave

301 Mcelhany Ave

229 Mcelhany Ave

1002 Blosser Rd

423 Church St

1100 Liberty St

229 Bunny Ave

233 Bunny Ave

426 Lincoln St

608 Fesler St

730 Fesler St, Unit A

123 Bradley Rd

Santa Maria, CA Multifamily Properties Investment Opportunities Market Analysis

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