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.
Last Updated: March - 24 - 2026
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