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127 Agnes Avenue, SANTA MARIA, CA 93458

$3,500,000
Property Type: Res Inc Square Footage: 7,950 Lot Size (sq. ft.): 18,731 Status: Active
Current Price: $3,500,000 List Date: 1/27/2026 Last Modified: 3/24/2026

Description

Fully leased! Positive Leverage From Day 1 w/ 3.77% Interest Only Assumable Agency Loan! Agnes Apartments is a 13-unit multifamily community located in Santa Maria, offering a well-positioned residential investment with immediate cash flow. The property features an ideal unit mix consisting of studios, one-bedroom, and two-bedroom units, allow-ing for broad tenant appeal. Units are arranged around a central courtyard with open green space providing a functional common area for residents. The property includes a shared on-site washer and dryer room and covered carport parking, with 1 parking space provided per unit. Recent lighting upgrades have improved visibility and safety throughout the parking areas. **Part of a portfolio sale - 511 W Cook Street is available under same ownership.

More Information MLS# 26-284

Location Info

Country: US Compass Map: Santa Maria Map Grid: 6C Cross Street: Lincoln District: 60 - SANTA MARIA Street #: 127 Street Name: Agnes Street Suffix: Avenue State: CA Postal Code: 93458 County: Santa Barbara Parcel Number: 119-063-006

Property Information

Year Built: 1965 Apx Lot SqFt: 18731 Main House SqFt: 7950 Recurring Fees: No Number of Units: 13

Neighborhood/Schools

Elementary School: Other Junior High School: Other High School: Other

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Laundry

Laundry Room: 1

Unit 1

# Units: 2 # Bedrooms: 2 # Baths: 1 # Half Baths: 0 Furnished: N Rent: 4699 Monthly Total: 4699

Income/Expenses

Total Monthly Income: 23628 Annual Income: 283536 Gross Rent Multiplr: 12.34 Capitalization Rate: 5.15 NOI: 180198

Unit 2

# Units: 6 # Bedrooms: 1 # Baths: 1 Monthly Total: 10827

Zoning

R-3: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Unit 3

# Units: 5 # Bedrooms: 0 # Baths: 1

Parking Info

Total # Carport Spaces: 13

Contract Info

Current Price: $3,500,000 Price: 3500000 Begin Date: 2026-01-27 Status: Active

Property Features

Laundry: Laundry Room Zoning: R-3 Terms: Cash; Conventional Listing Type: ER
Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: March - 24 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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