509 W Bunny, Santa Maria, CA 93458, Santa Maria, 93458 - 3 bed, 1 bath
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Santa Maria, CA 93458
Analysis of 509 W Bunny, Santa Maria, CA 93458 is currently available with a list price of $1,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Maria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property features a comprehensive 2023 remodel of the main house and newly constructed ADUs from the same year. With a new roof, modern shaker-style kitchens, updated bathrooms, and new systems like tankless water heaters, the property meets the criteria for mint condition with renovations less than 5 years old.
The property features a main house, two newly constructed ADUs, and a detached studio, providing four separate income streams and exceptional rental yield potential.
With the main house remodeled and all additional units built in 2023, the property offers modern finishes and a new roof, significantly reducing near-term maintenance costs.
All units are currently tenant-occupied, ensuring the investor receives immediate rental income from day one without the need for initial leasing efforts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Accommodating four units on a 6,534 sqft lot results in limited private outdoor space and may lead to parking congestion for the residents.
The primary 3-bedroom residence only contains one bathroom, which may be a drawback for larger families and could impact long-term tenant retention.
Rare turnkey investment opportunity! This exceptional property features a beautifully remodeled 3-bedroom, 1-bath single-family home with a new roof, all completed in 2023. Also completed in 2023 are two newly constructed 2-bedroom, 1-bath ADUs and one detached studio, offering outstanding income-producing potential. All units are currently tenant-occupied, providing immediate rental income from day one. Whether you’re an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property offers incredible flexibility and value. Conveniently located near schools, shopping, restaurants, parks, and major commuter routes. Don’t miss this rare opportunity to own a move-in-ready single-family home with multiple ADUs in the heart of Santa Maria!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,292 | - |
| Lot Size | 6,534 | - |
| Price | $1.10M | $701.6K |
| Price per sq ft | $851 | $430 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 51 |
Jul 20, 2026
$1,100,000
Initial Listing
Sep 22, 2022
$440,000
Public Record
Sep 29, 2016
$259,000
Public Record