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$665,000
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Property Description
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
Full Property Details for 320 N Oakley Dr
General
- Sold For: $665,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PI25230824
- Added to Site: 107 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: On-Site, Shared Driveway
- Parking: On-Site, Shared Driveway
Location
- Area: SMNW - SM Northwest
- County: Santa Barbara
- Development Name: SMNW - SM Northwest
- Driving Directions: Head west on Fesler from Broadway make left on Oakley
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Year Built: 1948
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Unit: 225000
Listed by Empire Real Estate Group, Yolanda Perez
Sold by Nonmember Mrml, Martha Putney
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Schools
Schools serving 320 N Oakley Dr
School Districts:Santa Maria-Bonita Elementary School District, Santa Maria Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Fairlawn Elementary School 120 Mary Drive, Santa Maria, CA 93458 | K-6 | 0.1 mi |
El Camino Junior High School 219 West El Camino Street, Santa Maria, CA 93458 | 7-8 | 0.6 mi |
Santa Maria High School 901 S. BRd.way, Santa Maria, CA 93454 | 9-12 | 1.1 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 Dr
Date
Details
Price
Change
Source
12/24/2025
Sold
$665,000
-1.48%
MLS
10/27/2025
Price Reduced
$675,000
-6.9%
MLS
10/02/2025
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.
320 N Oakley Drive, Santa Maria, CA 93458 (MLS# PI25230824) is a Multi-Family property that was sold at $665,000 on December 24, 2025. Want to learn more about 320 N Oakley Drive? 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.

