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$1,180,000
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Property Description
3 HOMES •1 LOT •ENDLESS INCOME POSSIBILITIES
Incredible opportunity: Three fully permitted units on a 9,147 sq ft / 0.21-acre lot--live in one and rent the other two, or rent all three for major cash flow, Main Home: 5 Bed •2 Bath •1,900 sq ft, Attached ADU: 2 Bed •1 Bath •502 sq ft (New), Detached ADU: 3 Bed •2 Bath •749 sq ft (New)
Upgrades: New backyard concrete •New acrylic stucco on all units •New carpet, in the main home. All permits included
Perfect for investors or multi-family living.
Full Property Details
Full Property Details for 1981 Olive
General
- Sold For: $1,180,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: PI26061335
- Added to Site: 131 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
Location
- County: Santa Barbara
- Subdivision: SM Southeast(930)
- Driving Directions: Miller left On Daniel, left on Olive Dr
School Information
- School District: Orcutt Union
Community
- Community Features: Street Lights
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: 2 Common Walls (or More)
- Entry Location: Main door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,145
- Year Built: 1983
- Year Built Source: Public Records
Lot Features
- Property View: None
- Lot Size (Acres): 0.21
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $375.2
Disclosures and Reports
- Special Conditions: Standard
Listed and Sold by New World Realty, Margie Oregon
Get Pre-Approved Today
Schools
Schools serving 1981 Olive
School Districts:Santa Maria-Bonita Elementary School District, Santa Maria Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Bill Libbon Elementary 750 Meehan Street, Santa Maria, CA 93454 | K-6 | 0.5 mi |
Arellanes Junior High School 1890 Sandalwood Drive, Santa Maria, CA 93455 | 7-8 | 3.6 mi |
Ernest Righetti High School 941 East Foster Road, Santa Maria, CA 93455 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1981 Olive
Date
Details
Price
Change
Source
6/03/2026
Sold
$1,180,000
—
MLS
4/09/2026
Price Reduced
$1,180,000
-1.58%
MLS
3/30/2026
Price Reduced
$1,199,000
-7.76%
MLS
3/20/2026
Listed
$1,299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1981 Olive, Santa Maria, CA 93454 (MLS# PI26061335) is a Single Family property that was sold at $1,180,000 on June 03, 2026. Want to learn more about 1981 Olive? Do you have questions about finding other Single Family real estate for sale in Santa Maria-Southeast? You can browse all Santa Maria-Southeast real estate or contact a Coldwell Banker agent to request more information.

