Analysis of 606 N Bonita, Santa Maria, CA 93454 is currently available with a list price of $884,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property was built in 1958 (>60 years old) and the listing lacks specific mention of recent renovations to the kitchens, bathrooms, or major systems (HVAC/Electric). While described as 'functional' and 'comfortable,' the age and generic description suggest the units are likely dated and require minor repairs or cosmetic updates to meet modern standards.
The property features a 3-bedroom main residence and a separate 2-bedroom unit, offering exceptional flexibility for multi-generational living or high-yield rental strategies.
As a residential income duplex, this property allows owner-occupants to significantly offset mortgage costs by renting out the second unit in a high-demand rental market.
Conveniently situated near schools, parks, and major commuter routes in Santa Maria, ensuring long-term desirability for both tenants and future buyers.
With only 1,233 total square feet distributed across five bedrooms and two units, the individual rooms and common areas are likely very small and cramped.
The current list price of $884,000 is a substantial increase from the 2023 sale price of $464,500, which may present challenges for appraisal or investor ROI expectations.
Exceptional income-producing opportunity in the heart of Santa Maria! This versatile property features a spacious 3-bedroom, 2-bath main residence along with a separate 2-bedroom, 1-bath unit, making it ideal for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. The main home offers comfortable living spaces, functional layout, and ample room for everyday living, while the detached second unit provides privacy and strong rental potential. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers flexibility and long-term value. Conveniently located near schools, parks, shopping, dining, and major commuter routes, this is a rare opportunity to own a duplex property with built-in income potential in an established neighborhood. Don't miss your chance to invest in a property that works for you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,233 | - |
| Lot Size | 6,098 | - |
| Price | $884.0K | $1.31M |
| Price per sq ft | $717 | $313 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 111 |
Jun 16, 2026
$884,000
Initial Listing
Jan 13, 2023
$464,500
Public Record