311 Lolita #L, Santa Maria, CA 93458

Local realty services provided by:ERA North Orange County Real Estate
311 Lolita #L,Santa Maria, CA 93458
$425,000
  • 2 Beds
  • 2 Baths
  • 1,026 sq. ft.
  • Townhouse
  • Active
Listed by:cj hegney
Office:keller williams realty central coast
MLS#:PI25233638
Source:San Diego MLS via CRMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$414.23
  • Monthly HOA dues:$150

About this home

RENOVATED AND CASH FLOWING! This upgraded townhome is already generating $3,000/month in rental income, offering solid cash flow from day one. This property delivers immediate returns with minimal overhead and an 8.5% CAP rate. Although the ROI is great, the renovations and move-in-ready condition make it a perfect starter home as well! Inside, you'll find brand-new carpet and flooring, fresh interior paint, and new kitchen & bathroom countertops that elevate the space. The main level features a sunlit living room with a stone fireplace, a half bathroom, and a dining area that opens to a spacious, newly fenced private patio with direct access to the private 2-car carport. Upstairs are two large bedrooms, each with WALK-IN CLOSETS, built-in linen storage, and a shared tub/shower bathroom. This property comes with the WASHER AND DRYER INCLUDED, along with all kitchen appliances, making it ready for its next lucky owner. The kitchen is clean and functional with a new refrigerator, a

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Home facts

  • Year built:1984
  • Listing ID #:PI25233638
  • Added:8 day(s) ago
  • Updated:October 17, 2025 at 02:57 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,026 sq. ft.

Heating and cooling

  • Heating:Forced Air Unit

Structure and exterior

  • Roof:Shingle
  • Year built:1984
  • Building area:1,026 sq. ft.

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$414.23
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