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    Santa Maria, CA Multifamily Properties for Sale

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    Nipomo, CA Orcutt, CA Guadalupe, CA
    8 results
    Remodeled Triplex in Orcutt
    $1,148,888
    2,421 SF

    Remodeled Triplex in Orcutt

    1172 E Rice Ranch Road, Santa Maria, CA 93455

    Rare opportunity: remodeled home plus two new units for income.

    • Three fully permitted homes on one lot: a remodeled 4‑bedroom main house, a detached 2‑bedroom unit (built in 2025), and an attached 1‑bedroom unit (built in 2025).
    • Significant income potential from two rental units, offering flexibility for investors or owner‑occupants.
    • Newly built (2025) detached and attached units, each with a kitchen, living area, laundry (in the 2‑bedroom unit), and mini‑split (a/c and heat).
    • Remodeled main house featuring an open‑concept floorplan, modern kitchen (shaker‑style cabinets, quartz countertops, stainless steel appliances), and updated bathrooms.
    • Located in a desirable Orcutt neighborhood, close to schools, shopping, dining, and commuter access.
    Updated: Feb 19
    View details
    Furnished Santa Maria Workforce Housing
    $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
    View details
    Mixed-Use Property in Santa Maria
    $1,750,000
    2,650 SF

    Mixed-Use Property in Santa Maria

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

    3375 ORCUTT RD, Santa Maria, CA 93455
    View details
    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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    Furnished Cottages in Santa Maria
    $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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    Remodeled Home with Income Potential
    $1,225,000
    0.20 Acres

    Remodeled Home with Income Potential

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

    1172 E Rice Ranch Road, Santa Maria, CA 93455
    View details
    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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    Mixed-Use Development Land Available
    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 80 Potential Opportunities for your consideration. Besides 8 Active listings in Santa Maria, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    Grover Beach Four-Unit Apartment Building
    $1,249,000
    3,604 SF

    Grover Beach Four-Unit Apartment Building

    Four-unit apartment building in Grover Beach, being sold as-is.

    956 S 13th Street, Grover Beach, CA 93433
    View details
    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
    View details
    Oceano Multifamily Investment Opportunity
    $1,800,000
    0.32 Acres

    Oceano Multifamily Investment Opportunity

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

    1960 Beach Street, Oceano, CA 93445
    View details
    Grover Beach Four-Unit Apartment Building
    $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
    View details

    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.

    Santa Margarita Land for Sale
    Contact for pricing
    108,900.00 Acres

    Santa Margarita Land for Sale

    2.5 acre lot suitable for residential or agricultural use.

    0 Atolia Road, Santa Margarita, CA 93453
    View details
    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
    View details
    Sierra Mountain Land with Creek
    $199,900
    391,169 SF

    Sierra Mountain Land with Creek

    8.98-acre mountain parcel with creek, near upcoming development.

    41505 Hot Springs Drive, Porterville, CA 93257
    View details
    Scenic Land with Sweeping Views
    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
    View details

    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
    Lot: 13.99 Acres
    Value Estimation by Request

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

    View details
    740 Western Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.78 Acres
    Estimated value
    $36,600,000

    740 Western Ave, Santa Maria, CA 93458-6056

    View details
    741 Western Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 4.40 Acres
    Estimated value
    $36,600,000

    741 Western Ave, Santa Maria, CA 93458-6069

    View details
    741 Western Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.19 Acres
    Estimated value
    $36,600,000

    741 Western Ave, Santa Maria, CA 93458-6069

    View details
    740 Western Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.36 Acres
    Estimated value
    $36,600,000

    740 Western Ave, Santa Maria, CA 93458-6056

    View details
    740 Western Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.68 Acres
    Estimated value
    $36,600,000

    740 Western Ave, Santa Maria, CA 93458-6056

    View details
    301 Mcelhany Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.26 Acres
    Estimated value
    $1,400,000

    301 Mcelhany Ave, Santa Maria, CA 93454-3127

    View details
    229 Mcelhany Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.16 Acres
    Estimated value
    $1,400,000

    229 Mcelhany Ave, Santa Maria, CA 93454-3100

    View details
    1002 Blosser Rd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.00 Acre
    Value Estimation by Request

    1002 Blosser Rd, Santa Maria, CA 93458-4947

    View details
    423 Church St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.26 Acres
    Value Estimation by Request

    423 Church St, Santa Maria, CA 93454-5270

    View details
    1100 Liberty St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.24 Acres
    Value Estimation by Request

    1100 Liberty St, Santa Maria, CA 93458-6860

    View details
    229 Bunny Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.41 Acres
    Value Estimation by Request

    229 Bunny Ave, Santa Maria, CA 93454

    View details
    233 Bunny Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.75 Acres
    Value Estimation by Request

    233 Bunny Ave, Santa Maria, CA 93454

    View details
    426 Lincoln St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.41 Acres
    Estimated value
    $800,000

    426 Lincoln St, Santa Maria, CA 93458-5589

    View details
    608 Fesler St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.37 Acres
    Estimated value
    $1,180,000

    608 Fesler St, Santa Maria, CA 93458-4063

    View details
    730 Fesler St, Unit A
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.44 Acres
    Value Estimation by Request
    Unit A

    730 Fesler St, Santa Maria, CA 93458-4103

    View details

    Santa Maria, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Santa Maria, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 22,671 square feet of properties for sale, with an estimated market value of $5,846,888.

    Sale prices for multifamily properties in Santa Maria, CA start at $1,148,888, averaging $1,948,962, 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.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 6
    Mobile home & RV parks 2
    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Maria fall within the 25,000 to 50,000 square foot range.

    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 median listing prices of real estate assets

    Neighborhood Average Price
    93455 $1.4M
    93458 $2.3M
    93454 $4.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $20.48 per sq ft
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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