127 Agnes Avenue

13

Recently updated 13 unit apartment complex located in Santa Maria just off Broadway Avenue, a major arterial. Property is located in close proximity to several local markets, restaurants and retail outlets. Alvin Elementary School and El Camino Junior High School are located within a third of a mile and the Santa Maria town center is located under a mile, placing this complex in a great location. The property provides 13 covered off-street parking places and has just completed an extensive remodel including a new roof, paint, landscaping and addressing the exterior deferred maintenance punch list. Most units are at below market rents which will allow for rent growth over the coming years. The Housing Authority of the County of Santa Barbara recently revised their Section 8 voucher program which could increase rents even further. Santa Maria has a fairly tight rental market with vacancy rates hovering near all time lows
127 Agnes Avenue, Santa Maria, CA 93458 | Residential Income | Pending | 5682 SF | 18731 SF Lot | Built 1965 | 2 Stories | MLS# SC18197968

Pending $1,950,000

Features

Parking Spaces: 13 | Pool: No | Roofing: Flat

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of July 16, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Patrick Wilkinson, Central Commercial Group, Source: Local MLS