423 W Sunset Avenue

    Santa Maria, CA 93458
    • $315,000
    • STATUS: Active Under Contract
    • ON SITE: 81 days
    • ID#: SP19076183
    Under Contract
    UPDATED: 68 min ago
    $315,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,200
      SQFT
    • $263
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Santa Maria Northwest. 3 BR/ 2 BA, recently remodeled three years ago: New plumbing water and drain, new central heating system, new water heater, new flooring ''Resilient floor'' waterproof with a warranty, walls have been upgraded with interior thin wall plastering. Vaulted ceiling. Big front and back yard with patio. Could be a great investment property as reliable tenants currently in place on a month to month agreement, but wish to stay longterm. Since rental agreement is month to month, tenants can be given 60 days notice to move out. Current rent $1750 per month, rent being raised to $2100 per month, effective July 2019. Projected gross income to be $25,200. Showing requires 24 hour notice. Seller is doing a 1031 exchange. Property being sold as is. Buyer to pay for inspections.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T09:31:03.02. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/93398487

    423 W Sunset Avenue Santa Maria, CA 93458

    • Price: $315,000
    • Status: Active Under Contract
    • Updated: 68 min ago
    • ID#: SP19076183
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,200
    SQFT
    $263
    $/SQFT
    1956
    Built
    Neighborhood:
    SMIA - Santa Maria
    County:
    Santa Barbara
    Area:
    SMIA - Santa Maria
    Property Description
    Santa Maria Northwest. 3 BR/ 2 BA, recently remodeled three years ago: New plumbing water and drain, new central heating system, new water heater, new flooring ''Resilient floor'' waterproof with a warranty, walls have been upgraded with interior thin wall plastering. Vaulted ceiling. Big front and back yard with patio. Could be a great investment property as reliable tenants currently in place on a month to month agreement, but wish to stay longterm. Since rental agreement is month to month, tenants can be given 60 days notice to move out. Current rent $1750 per month, rent being raised to $2100 per month, effective July 2019. Projected gross income to be $25,200. Showing requires 24 hour notice. Seller is doing a 1031 exchange. Property being sold as is. Buyer to pay for inspections.
    Exterior Features

    Entry Level 1 Entry Location 1 Garage Spaces 1.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Electric Dryer HookupIn GarageWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.60 Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 25200.00 Gross Scheduled Income 25200.00 Insurance Expense 400.00 Land Lease YN No Laundry YN Yes Net Operating Income 21450.00 New Construction YN No New Taxes Expense 3750.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 4150.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesGrounds Care Total Expenses 4150.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected Water Source Public Year Built Source Public Records

    Listing provided courtesy of Robin Mitchell of Keller Williams Realty Central Coast


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T09:31:03.02. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604