414 East Mill Street

Santa Maria, CA 93454

$1,390,000
Last Sold Price
12
Beds
6
Baths
4,500 Sq. Ft.
$309 / Sq. Ft.
4,500
Sq. Ft.
$309
per Sq. Ft.

Description

Rarely available multi-family/6-unit complex located in the heart of Santa Maria. Ample parking in front and rear of property with alley access. Great neighborhood with shopping, schools, and freeway access all nearby. Stable, mo-to-mo rentals with below market rents. Room for addition and/or expansion to existing building with plans in place for additional unit/ADU. Perfect property to owner occupy or long-term investment.Rarely available multi-family/6-unit complex located in the heart of Santa Maria. Ample parking in front and rear of property with alley access. Great neighborhood with shopping, schools, and freeway access all nearby. Stable, mo-to-mo rentals with below market rents. Room for addition and/or expansion to existing building with plans in place for additional unit/ADU. Perfect property to owner occupy or long-term investment.
  1. Listed by Kevin Zepeda • DRE #01371903 • Brokerage DRE #01371903 • Res Com Services • slocoastproperty@yahoo.com

Property Details for 414 East Mill Street

Parking Spaces Total
7
Private Pool
No
Cooling Type
N/K
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4500
Assessor Parcel Number
121-231-004

Location

Listing Courtesy of Res Com Services, Kevin Zepeda, DRE #01371903

Sold By Res Com Services, Kevin Zepeda, DRE #01371903

Add your commute
LISTING UPDATED: 12/20/2023 04:37 AM

Property Details for 414 East Mill Street

StatusClosed
MLS #PI23141106
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
CountySanta Barbara County

Location

Listing Courtesy of Res Com Services, Kevin Zepeda, DRE #01371903

Sold By Res Com Services, Kevin Zepeda, DRE #01371903

Add your commute

Building Information for 414 East Mill Street

Building/Complex414 E Mill StFloor-Stories2Residences-Pet Policy-Year Built1975Building Size-

Payment Calculator

$8,524 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,586

Property Taxes

$938

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 414 East Mill Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $93,240
  • Gross Scheduled Income: $93,240
  • Net Operating Income: $77,100
  • Number Of Rented Garages: 0
  • Current Financing: Private
  • Financing: Cash
Expense Details
  • Operating Expense: $16,140
  • Fuel Expense: $0
  • Electric Expense: $600
  • Insurance Expense: $2,400
  • Professional Management Expense: $5,520
  • Trash Expense: $1,800
  • Water Sewer Expense: $4,800
  • Total Expenses: $10,320
Tax / Assessment Info
  • Tax Block: 1
  • Tax Census Tract: 22.06
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 20
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Refrigerator
  • Equipment: None, Refrigerator
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: Electric, Gas
  • Fireplace Rooms: Electric, Gas
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: Ground floor/stairs
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Slab
  • Other Structures: Accessory Dwelling Unit
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Road Frontage Type: Alley
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Driveway
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Carport, Attached Carport, Covered, Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,475
  • Unit Type Total Rent: $1,475
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 414 East Mill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 414 East Mill Street

Taxable ValueLand$183,955Additions$840,942Total$1,024,897
Tax Record2023$11,253 ($938 / month)
Home Facts
Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN121-231-004

Schools near 414 East Mill Street

This home is within Santa Maria-Bonita School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 7
Rating
School
Distance
Alvin Elementary School
PublicK to 6

Fesler (Isaac) Junior High School
Public7 to 8

Santa Maria High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Res Com Services, Kevin Zepeda, DRE #01371903

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.