1123 Valerie, Santa Maria, CA 93454, Santa Maria, 93454 - 3 bed, 2 bath
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Santa Maria, CA 93454
This Value-Add Single-Family Residence is a Prime Investment Opportunity with a List Price of $499,000—positioned well below the $522,809 Fair Market Value by 4%. This valuation gap offers $23,809 in Instant Equity for buyers. Currently holding a Condition Rating of 4, the property requires cosmetic modernization to unlock its full potential. With a functional 1,421 sq ft floor plan, fireplace, and private patio, the home is situated near schools and shopping. This is an ideal asset for Fix-and-Flip Investors or DIY Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 Valerie Subject | $499,000* List Price | 3 | 2 | 1,421 | $368 | - |
A 1112 Rachel Drive Sold | $601,000 | 3 | 2 | 1,402 | $429 | 0.7 mi |
B 902 E Evergreen Avenue Sold | $641,000 | 3 | 2 | 1,428 | $449 | 0.6 mi |
C 1824 Amy Way Sold | $638,000 | 3 | 2 | 1,398 | $456 | 0.8 mi |
D 1340 E Mcelhany Active | $635,000 List Price | 5 | 2 | 1,470 | $432 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is in mostly original condition and requires cosmetic updates and minor repairs. The kitchen and bathrooms feature dated oak cabinetry and tile countertops from a previous era. Interior finishes, specifically the heavily stained carpeting and linoleum flooring, show significant wear and tear. While the structure appears functional, the home lacks modern energy-efficient systems and contemporary aesthetic upgrades, making it a prime candidate for a value-add renovation.
The property is positioned as a prime opportunity for investors or DIY buyers to build significant equity through renovations and personalized upgrades.
With over 1,400 sq ft of living space, a primary suite featuring a walk-in closet, and an attached 2-car garage, the home offers a highly practical and desirable floor plan.
Located in a mature Santa Maria community, the property benefits from close proximity to schools, shopping, and local amenities, ensuring long-term residential appeal.
The description indicates the home needs work to reach its full potential, which may require a substantial upfront capital investment for repairs and modernization.
Built in 1977, the property likely features original systems and finishes that may lack the energy efficiency and aesthetic appeal of newer constructions.
A rare opportunity in a well-established Santa Maria neighborhood. 1123 N Valerie St offers 3 bedrooms, 2 bathrooms, and approximately 1,400 sq ft of living space on a 5,000+ sq ft lot. This home features a functional floor plan with a spacious living room, fireplace, and dining area off the kitchen. The primary bedroom includes a walk-in closet, and the attached 2-car garage provides added storage and convenience. The fenced backyard offers space for outdoor living, entertaining, or future customization. Ideal for buyers looking to create their own vision or investors seeking a property with strong upside potential. With solid fundamentals and a desirable location, this is a great opportunity to add value and make it your own. Conveniently located near schools, shopping, and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,421 | 1,484 | 46% |
| Lot Size | 5,663 | 6,752 | 20% |
| Price | $499.0K | $647.0K | 4% |
| Price per sq ft | $351 | $444 | 20% |
| Built year | 1977 | 1975 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 173 | 2% |
Apr 13, 2026
$499,000
Initial Listing
Nov 17, 2000
$150,000
Public Record