529 S Pine Street, Santa Maria, CA 93458

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
529 S Pine Street,Santa Maria, CA 93458
$4,995,000
  • - Beds
  • - Baths
  • 12,770 sq. ft.
  • Multi-family
  • Active
Listed by: owen schwaegerle
Office: the schwaegerle team805-776-3036
MLS#:SC25262675
Source:CRMLS

Price summary

  • Price:$4,995,000
  • Price per sq. ft.:$391.15

About this home

Are you the kind of investor who is looking for the next high-income producing opportunity? Are you excited by a multi-family building designed for student housing, farm workers, or communal living? If so, this deal is for you. This newly built co-living property has been years in the making, with extensive planning, approvals, and construction is now complete. It offers 42 total bedrooms across six 5-bedroom units and two 6-bedroom units. Each bedroom has its own smart lock, and the shared kitchens and bathrooms create a practical setup for communal, dorm-style living that helps maintain high occupancy and steady income. 3 of the units are to be leased out to a local farmer and filled with migrant workers on a one year lease. The projected rental income for those 3 units is about $4,200 per month. Given this rental rate, the projected rental income for the entire building would be around $30,000 per month. This would bring the annual gross income to $360,000, which supports a...

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Home facts

  • Year built:2025
  • Listing ID #:SC25262675
  • Added:179 day(s) ago
  • Updated:May 19, 2026 at 01:18 PM

Rooms and interior

  • Flooring:Vinyl
  • Kitchen Description:Electric Cooktop, Electric Oven, Electric Range, Laminate Counters, Microwave, Refrigerator, Wet Bar
  • Bedroom Description:All Bedrooms Up
  • Living area:12,770 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless, Solar

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Building area:12,770 sq. ft.
  • Lot area:0.41 Acres
  • Lot Features:Corner Lot, Landscaped
  • Architectural Style:Modern
  • Construction Materials:Stucco
  • Levels:Three Or More

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$4,995,000
  • Price per sq. ft.:$391.15

Features and amenities

  • Appliances:Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater
  • Laundry features:Common Area, Electric Dryer Hookup, Stacked, Washer Hookup
  • Amenities:Insulated Windows, Multiple Staircases, Open Floorplan

Parking

  • Total parking spaces:8
  • Parking description:2 Carport Space(s)
  • Garage:Yes
  • Garage spaces:6
  • Carport spaces:2
Based on information from California Regional Multiple Listing Service, Inc. as of May 20, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.