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$665,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Total Beds
See This Home
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See This Home
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Discover this rare opportunity to own a 3-unit property in the heart of Santa Maria. This value-add investment offers excellent potential for increased rental income and long-term appreciation. With units separately metered (gas, electricity, water 2 of each center unit runs off back meters) this property provides both flexibility and efficiency for tenants and landlords alike. These units need some TLC but offer lots of potential. Back of lot has alley access and may allow another unit or potential carport area. Buyer to investigate with city for possibilities. Make your first property a multifamily, live in one and rent the other 2 units. Call your favorite Realtor and find out how you can also become a homeowner /investor.

Full Property Details for 320 N Oakley Ave

General

  • Sold For: $665,000
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthernSantaBarbara
  • MLS ID: 25001989
  • Added to Site: 106 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Improvements: Paved Streets, Sidewalks

Parking

  • Parking: Private Lot, Street, Other

Location

  • Area: 13 - SM Northwest
  • County: Santa Barbara
  • Cross Streets: Fesler & Railroad Depot)
  • Driving Directions: From Broadway head west on Fesler head west until you pass Depot and make left on Oakley

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Sewer Main Size: Public Sewer
  • Water: Public
  • Separate Meters: Gas, Electric

Structural Information

  • Description/Design: None
  • Roof: Other
  • Stories/Levels: 1
  • Square Feet: 1,500
  • Year Built: 1948

Unit Information

  • Units in Building: 3
  • 1 Bedroom Units: 3

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Lot Size Source: Tax Records
  • Lot Description: Level, Alley

Financial Considerations

  • Price Per Sq. Ft.: $450
  • Expenses: Utilities, Trash, Gas, Electricity, Water/Sewer, Management
  • Terms: New Loan, Cash
  • Landlord Pays: Gas, Water, Trash Collection, Electricity

Disclosures and Reports

  • Documents Avail.: Pest Inspection
  • APN: 119-213-022

Listed by Empire Real Estate Group, Yolanda Perez
Sold by Novel Real estate, Martha Leticia Putney

Listing agent

— 320 N Oakley Ave —

  • Yolanda Perez

    Empire Real Estate Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 320 N Oakley Ave

School Districts:Santa Maria-Bonita Elementary School District, Santa Maria Joint Union High School District
NameGradesDistance
Fairlawn Elementary School
120 Mary Drive, Santa Maria, CA 93458
K-60.1 mi
El Camino Junior High School
219 West El Camino Street, Santa Maria, CA 93458
7-80.6 mi
Santa Maria High School
901 S. BRd.way, Santa Maria, CA 93454
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 320 N Oakley Ave

Date
Details
Price
Change
Source
12/24/2025
Sold
$665,000
-1.48%
MLS
10/27/2025
Price Reduced
$675,000
-6.9%
MLS
10/03/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Empire Real Estate Group, Yolanda Perez
Sold by Novel Real estate, Martha Leticia Putney

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Listed by Jennifer Grinager (CalRE#: 01503303) (805) 235-2339

Recent Sales near 320 N Oakley Ave

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320 N Oakley Dr, Santa Maria, CA 93458 - Photo 1 Sold
$665,000

320 N Oakley Dr  Santa Maria, CA 93458

  • Multi-Family
  • Closed
1020 W McElhany Ave, Santa Maria, CA 93458 - Photo 1 Sold
$654,000

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  • Single Family
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    Sq. Ft.
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    Sq. Ft.
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320 N Oakley Avenue, Santa Maria, CA 93458 (MLS# 25001989) is a Multi-Family property that was sold at $665,000 on December 24, 2025. Want to learn more about 320 N Oakley Avenue? Do you have questions about finding other Multi-Family real estate for sale in Santa Maria-Northwest? You can browse all Santa Maria-Northwest real estate or contact a Coldwell Banker agent to request more information.