Home | Santa Barbara County | Santa Maria | 93454 | 115 S Bradley Rd
MLS: CRV1-38773 | Status: | Price: $3,325,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 26,136 | 1964 |
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
| Field | Value |
|---|---|
| MLS # | CRV1-38773 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Oven - Gas |
| Laundry | None |
| Cooling | None |
| Heating | No Heating |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage: 2 Car(s) |
| HOA Fee | $0 |
Craig Lieberman
Apartment Investment Specialis
License #: 00682741
Phone: (805) 320-6646
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
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This listing information is up-to-date as of September 17, 2026. For the most current information, please contact Craig Lieberman, (805) 320-6646.