
Santa Maria, CA 93454
This Condominium is a Prime Investment Opportunity, listed at $298,800—positioned well below the $308,842 Fair Market Value by 3%. This valuation gap offers $10,042 in Instant Equity. With a Condition Rating of 4, the unit features modern plank flooring and a low-maintenance layout. The property includes two covered parking spaces and a balcony with tree-lined views. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in-ready asset in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 Inger Subject | $288,800* List Price | 1 | 1 | 683 | $448 | - |
A 321 Inger Drive G-55 Sold | $293,000 | 1 | 1 | 640 | $458 | 0.1 mi |
B 321 E. Inger Drive Pending | $310,000 List Price | 2 | 1 | 878 | $353 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property exceeds the 20-year threshold for 'Fair' condition. While the description mentions updates like plank flooring and a 'sparkling' kitchen, the interior photos reveal dated elements such as popcorn ceilings and older carpeting. It is functional and move-in ready but requires minor cosmetic updates to meet modern standards.
At $225 per month, this property boasts the most affordable HOA fee in a well-maintained complex, significantly reducing monthly carrying costs for owners or investors.
The interior features modern plank flooring, a sparkling kitchen, and includes a washer and dryer, offering a turnkey solution for buyers looking to avoid immediate renovation costs.
Rare for a one-bedroom unit, this property includes two covered parking spaces plus available guest parking, providing superior convenience and utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 683, other record living area = 640.
With only 683 square feet of living space, the property's small footprint may limit its appeal to single occupants or couples and offers little flexibility for a home office.
The laundry room is located on the adjoining balcony rather than within the primary living envelope, which may be seen as a convenience drawback during inclement weather.
Fresh and appealing Las Palmas home with attractive plank flooring in this open plan. The sparkling kitchen opens to the fan-cooled dining area and the large living room. The adjoining balcony offers fresh tree-lined views and includes the laundry room--complete with washer & dryer. The spacious bedroom features a deep walk-in closet, additional storage in the adjoining hall, and a large bathroom. There are 2 covered parking spaces for this unit plus available guest parking. This move-in-ready home is ideal for easy living in a convenient location--near shopping, schools, and the post office. This is the most affordable HOA fee in a well-maintained complex. Ideal for owner-occupancy or investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 683 | 1,226 | 29% |
| Lot Size | 657 | 1,361 | 29% |
| Price | $288.8K | $425.0K | 14% |
| Price per sq ft | $423 | $395 | 71% |
| Built year | 1991 | 1984 | 57% |
| HOA | $225 | $400 | 29% |
| Days on market | 18 | 220 | 14% |
May 29, 2026
$288,800
$298,800
-3% Price Drop
Initial Listing
May 19, 2026
$298,800
Initial Listing
Feb 11, 2022
$275,000
Public Record