$ 425,000
-
$425,000
Price -
2
Bed -
2
Bath -
1,026
SqFt
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About the Listing PI2386 - pi02203414
RENOVATED AND CASH FLOWING! This upgraded townhome is already generating $3,000/month in rental income, offering solid cash flow from day one. This property delivers immediate returns with minimal overhead and an 8.5% CAP rate. Although the ROI is great, the renovations and move-in-ready condition make it a perfect starter home as well! Inside, you'll find brand-new carpet and flooring, fresh interior paint, and new kitchen & bathroom countertops that elevate the space. The main level features a sunlit living room with a stone fireplace, a half bathroom, and a dining area that opens to a spacious, newly fenced private patio with direct access to the private 2-car carport. Upstairs are two large bedrooms, each with WALK-IN CLOSETS, built-in linen storage, and a shared tub/shower bathroom. This property comes with the WASHER AND DRYER INCLUDED, along with all kitchen appliances, making it ready for its next lucky owner. The kitchen is clean and functional with a new refrigerator, a functional dishwasher, beautiful countertops, and modern touches throughout. Located in a desirable complex with LOW HOA dues, this is a low-maintenance, high-yield asset. Schedule a showing to see your next home or investment!
Listing Highlights for 311 Lolita L
Status
Active With Contingency
Days on Site
16
Property Type
Condo/Townhome
MLS ®
PI25233638
Year Built
1984
Total Square Footage
1,026
Lot/Acreage
0.23
County
Santa Barbara
Neighborhood
Rockport 2
Area
SMIA - Santa Maria
HOA Dues
150/Monthly
School District
Santa Maria Joint Union
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full / 1 Half
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Oven, Gas Water Heater, Recirculated Exhaust Fan, Vented Exhaust Fan, Warming Drawer, Water Line to Refrigerator
- Air Cond:
- Heating: Central
- Fireplaces: Family Room,Living Room,Gas
- Floor: Carpet,Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Attic Fan,Open Floorplan,Pantry,Quartz Counters
- Water: Public
Exterior Details
- Lot Description: 11-15 Units/Acre,Corner Lot,Corners Marked,Front Yard,Landscaped,Lawn,Level with Street,Lot 20000-39999 Sqft,Near Public Transit,Sprinkler System,Sprinklers On Side,Walkstreet,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof: Shingle
- Others: Shed(s),Storage
- Sewer: Public Sewer
- Parking Features: Carport,Detached Carport,Driveway,Concrete,On Site,Private
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 117620009
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
311 Lolita L Santa Maria, CA 93458
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