714-745-2708

115 S Bradley Road, Santa Maria, CA 93454

$3,325,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Craig Lieberman | craig@ais-realestate.com
Lic#: 00682741
Broker: Courtesy of Apartment Investment Specialis
Phone: (805) 320-6646

Agent Remarks

To be sold in conjunction with 123 S Bradley Road, Santa Maria (APN 125-053-007)115-123 S. Bradley Road presents a compelling value-add multifamily investment opportunity in Santa Maria, offering an attractive combination of in-place cash flow, significant rental upside, potential ADU development, and a highly accessible location. Built in 1964, this 13-unit property features a highly marketable and diversified unit mix consisting of six (6) one-bedroom/one-bathroom units, five (5) two-bedroom/one-bathroom units, and two (2) three-bedroom/one-bathroom units.The property also offers potential additional-density upside through ADU development. Pursuant to California Senate Bill (SB) 1211, multifamily property owners may be eligible to develop ADUs at a ratio of up to one ADU per existing unit, subject to applicable limitations, including a maximum of eight (8) ADUs and compliance with density, zoning, and building requirements. Two prominent areas of this property near the property's S. Bradley Road frontage appear to offer potential locations to build out, at least, some additional ADU units.115-123 S. Bradley Road combines an attractive acquisition basis with multiple identifiable value-creation drivers. The combination of below-market rents, potential additional density, recent capital improvements, commuter-oriented location, diversified unit mix, and limited multifamily inventory positions the property as an attractive opportunity for an investor seeking both current income and meaningful upside through active asset management.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# V1-38773

Price: $3,325,000

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 1964

0.60 acres

Lot size: 0.6000

Subdivision: Not Applicable

County: Santa Barbara

Appliances: Gas Oven,Refrigerator

Parking description: Carport

Lot description: Sprinklers None

Heating/cooling: None

Heating description: None

MLS area: SMIA - Santa Maria

Last Updated: 9/17/2026

Days On Market (DOM): 11

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This listing belongs to the SMIA - Santa Maria MLS area

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Lat/Long: 34.952377, -120.418497.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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