843 E Orange Street, Santa Maria, CA 93454, Santa Maria, 93454 - 3 bed, 2 bath
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843 E Orange Street
Santa Maria, CA 93454
CLOSED
CONDITION: EXCELLENT
3Beds
2Baths
1,981Sq Ft
7,841Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$834,454
4% BelowMARKET VALUE
SUMMARY
Analysis of 843 E Orange Street, Santa Maria, CA 93454 reveals a Prime Investment Opportunity with a current list price of $799,000—significantly undercutting the $834,454 Fair Market Value by 4%. This valuation gap indicates a +$35,454 Instant Equity potential for buyers. 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.
Estimated Market Value
$834,454+$35,454 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 843 E Orange Street Subject | $780,000 | 3 | 2 | 1,981 | $421 | - |
A 603 S Lucas Drive Sold | $672,500 | 3 | 2 | 1,431 | $470 | 0.1 mi |
B 413 Chaparral Street Sold | $700,000 | 4 | 2 | 1,963 | $357 | 0.6 mi |
C 614 E Tunnell Street Sold | $700,000 | 3 | 2 | 1,491 | $469 | 0.6 mi |
D 936 E El Camino Sold | $705,000 | 3 | 2 | 1,591 | $443 | 0.7 mi |
E 911 E Evergreen Avenue Sold | $650,000 | 4 | 2 | 1,381 | $471 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features two homes, with the ADU completed in 2022 and the main home described as 'beautifully refurbished.' Images confirm extensive, modern renovations throughout both units, including new kitchens with white shaker cabinets, quartz-like countertops, subway tile backsplashes, and modern stainless steel appliances in the main house. Bathrooms are fully updated with contemporary fixtures, tiling, and vanities. Flooring consists of new dark hardwood, clean carpets, and modern laminate. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Income-Generating Properties
Features two distinct homes, including a newly completed ADU (2022), generating a substantial combined monthly income of $5,050, offering excellent cash flow or mortgage offset potential.
- Turnkey & Recently Updated
The property is described as 'Everything has been DONE!' with a beautifully refurbished main home and a new ADU, suggesting minimal immediate investment for a new owner.
- Versatile Living & Investment Options
Offers significant flexibility for owner-occupancy with rental income, multi-generational living, or as a robust addition to an investment portfolio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1981, other record living area = 1516.
- Age of Main Structure
While refurbished, the main home was built in 1951, which may imply older underlying infrastructure that could require future maintenance or upgrades not explicitly covered by recent refurbishments.
- Tenant Management Responsibility
Owning two income-generating units inherently involves the responsibilities and potential challenges associated with tenant management, including screening, maintenance requests, and lease enforcement.
About 843 E Orange Street
Back on Market at No Fault to the property! Everything has been DONE! 2 Homes! First Home is a wonderful 465 sq ft ADU that was COMPLETED in 2022! The ADU currently generates $1,900 per month in income, and the second home is a beautifully refurbished 1516 sq ft. main home that offers 3 bedrooms and 2 baths, also generating a monthly income of $3,150, making a total potential monthly income of $5,050. Or if it makes more sense, live in one and rent the other to gain cash flow! Located on a wonderful interior corner lot with alley access, on a nice, wide tree-lined street, you will enjoy true pride of ownership! Close to the hospital, shopping, and easy 101 access, the potential is awesome! This is a great value where you can easily move right in. Need a home for yourself and a second home for your other family members? Want to have income to offset a payment? Or start your investment portfolio! Lots of choices, lots of options! Hurry, you will not find a turnkey property like this again!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,981 | 1,879.563 |
| Lot Size | 7,841 | 7,495.402 |
| Price | $780.0K | $747.3K |
| Price per sq ft | $394 | $433 |
| Built year | 1951 | 1982 |
| HOA | $0 | $170 |
| Days on market | 433 | 56 |
Pricing History
Sold
Sep 30, 2025
$780,000
Public Record
Sold
Nov 17, 2017
$365,000
Public Record