Multifamily

Santa Maria, CA Multifamily Properties for Sale

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11 properties
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3-Unit Triplex Property
Updated: Jun 27
3-Unit Triplex Property

1029 Big Pine Dr, Santa Maria, CA 93454

$1,075,000
2,146 sqft
Three‑unit property with a 3‑bedroom, 2‑bath main residence and two ADUs
Junior ADU: 1 bedroom and 1 bath, with kitchen, living area, and exterior storage
Attached ADU: 2 bedrooms and 1 bath, plus kitchen, dining, living area, and backyard
Junior and attached ADUs were built in 2023
All units are fully rented on a month‑to‑month basis
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Two-Unit Residential Duplex
Updated: Oct 6
Two-Unit Residential Duplex

1820 Amy Way, Santa Maria, CA 93454

$1,250,000
3,391 sqft
Two residential units: a 4‑bedroom, 4‑bath main home and a 3‑bedroom, 1.5‑bath ADU
Newly completed ADU
Main home features separate living and family rooms, plus a formal dining room
Primary suite includes dual closets, separate tub and shower, and a private deck
Backyard outdoor kitchen and refreshed landscaping
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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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See hot listings in Santa Maria

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Mixed-Use Property with Multiple Tenancies
Mixed-Use Property with Multiple Tenancies

285 Dal Porto Ln, Santa Maria, CA 93458

$985,000
1,660 sqft

Commercial/Manufacturing-zoned property with a rented home, shop, yard space, and an additional residence awaiting completion.

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Mixed-Use Property with Offices
Mixed-Use Property with Offices

303 N Lincoln St, Santa Maria, CA 93454

$1,575,000

Residential units and office suites combine within a renovated, parking-supported commercial property.

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Apartment Building with ADU Potential
Apartment Building with ADU Potential

115 S Bradley Road, Santa Maria, CA 93454

$3,325,000

Thirteen-unit property offers a diversified mix of one-, two-, and three-bedroom apartments.

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Four-Unit Condo Quadplex
Four-Unit Condo Quadplex

417423 Tiffany Dr, Santa Maria, CA 93454

$1,600,000

Individually deeded residences offer flexible ownership and private two-car garages for each unit.

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Four-Plex with Covered Carport Parking
Four-Plex with Covered Carport Parking

312 Roschelle, Santa Maria, CA 93458

$1,150,000

Four units with two bedrooms and one bathroom each, plus covered carport parking for four vehicles total.

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

3375 ORCUTT RD, Santa Maria, CA 93455

Contact for pricing
2,650 sqft 1.06 AC lot

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

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Updated Mobile Home in Park
Updated Mobile Home in Park

1206 Via Felice, Santa Maria, CA 93454

$155,000

Updated double wide mobile home in senior resident park.

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4-Unit Apartment Property
4-Unit Apartment Property

1804 S Thornburg, Santa Maria, CA 93458

$1,250,000

The unit mix includes larger three-bedroom layouts alongside two-bedroom apartments, each with in-unit laundry.

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Based on your search, we've compiled 76 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

Opportunities in Nearby Cities

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

Manufactured Home in RV Park
Manufactured Home in RV Park

5-449 W Tefft St, Nipomo, CA 93444

$215,000
960 sqft

2013 Golden West manufactured home offers 2 bedrooms, 2 bathrooms, and an open living layout within a Nipomo park community.

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Mobile Home in Gated Community
Mobile Home in Gated Community

6-765 Mesa View Dr, Arroyo Grande, CA 93420

$279,900
1,600 sqft

Brand-new 2023 two-bedroom, two-bath mobile home with a den, full-length front porch, and covered carport.

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Multifamily Property with ADU
Multifamily Property with ADU

670 Camino Contento, Arroyo Grande, CA 93420

$1,525,000
1.00 AC lot

Multiple independent living areas include a permitted accessory dwelling unit and remodeled spaces for flexible occupancy.

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Upgraded Duplex Investment Opportunity
Upgraded Duplex Investment Opportunity

770 & 772 Beverly DR, Nipomo, CA 93444

$679,000

Nipomo duplex with income potential and recent upgrades.

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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

Estimated value:
$265,000
13.99 AC lot
View details
740 Western Ave
APARTMENT HOUSE (5+ UNITS)

740 Western Ave, Santa Maria, CA 93458-6056

Estimated value:
$36,600,000
1.78 AC lot
View details
741 Western Ave
APARTMENT HOUSE (5+ UNITS)

741 Western Ave, Santa Maria, CA 93458-6069

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

741 Western Ave, Santa Maria, CA 93458-6069

Estimated value:
$36,600,000
1.19 AC lot
View details
740 Western Ave
APARTMENT HOUSE (5+ UNITS)

740 Western Ave, Santa Maria, CA 93458-6056

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

740 Western Ave, Santa Maria, CA 93458-6056

Estimated value:
$36,600,000
1.68 AC lot
View details
301 Mcelhany Ave
APARTMENT HOUSE (5+ UNITS)

301 Mcelhany Ave, Santa Maria, CA 93454-3127

Estimated value:
$1,400,000
0.26 AC lot
View details
229 Mcelhany Ave
APARTMENT HOUSE (5+ UNITS)

229 Mcelhany Ave, Santa Maria, CA 93454-3100

Estimated value:
$1,400,000
0.16 AC lot
View details
1002 Blosser Rd
APARTMENT HOUSE (5+ UNITS)

1002 Blosser Rd, Santa Maria, CA 93458-4947

Estimated value:
$355,000
1.00 AC lot
View details
423 Church St
APARTMENT HOUSE (5+ UNITS)

423 Church St, Santa Maria, CA 93454-5270

Estimated value:
$380,000
0.26 AC lot
View details
1100 Liberty St
APARTMENT HOUSE (5+ UNITS)

1100 Liberty St, Santa Maria, CA 93458-6860

Estimated value:
$290,000
0.24 AC lot
View details
229 Bunny Ave
APARTMENT HOUSE (5+ UNITS)

229 Bunny Ave, Santa Maria, CA 93454

Estimated value:
$300,000
0.41 AC lot
View details
233 Bunny Ave
APARTMENT HOUSE (5+ UNITS)

233 Bunny Ave, Santa Maria, CA 93454

Estimated value:
$325,000
0.75 AC lot
View details

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 22,147 square feet of properties for sale, with an estimated market value of $13,563,000.

Sale prices for multifamily properties in Santa Maria, CA start at $155,000, averaging $1,356,300, and reaching up to $3,325,000 — 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 3
Quadplexes 3
Triplexes 3
Mobile home & RV parks 2
Duplexes 1

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
93458 $1.1M
93454 $2.5M

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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