529 S Pine Street, Santa Maria, CA 93458

Local realty services provided by:ERA Excel Realty
529 S Pine Street,Santa Maria, CA 93458
$4,995,000
  • - Beds
  • - Baths
  • 12,770 sq. ft.
  • Multi-family
  • Active
Listed by: owen schwaegerle
Office: owen schwaegerle, broker
MLS#:SC25262675
Source:CRMLS

Price summary

  • Price:$4,995,000
  • Price per sq. ft.:$391.15

About this home

Are you the kind of investor who is looking for the next high-income producing opportunity? Are you excited by a multi-family building designed for student housing or communal living? If so, this deal is for you. This newly built co-living property has been years in the making, with extensive planning, approvals, and construction now nearing completion. The property was designed specifically for student and communal living. It offers 42 total bedrooms across six 5-bedroom units and two 6-bedroom units. Each bedroom has its own smart lock, and the shared kitchens and bathrooms create a practical setup for communal, dorm-style living that helps maintain high occupancy and steady income. The projected numbers are strong. The developer anticipates monthly income of $55,900 dollars and annual gross income of $670,800 dollars, which supports a 9.7% percent cap rate at a purchase price of $4,995,000 dollars. The property is also located in an Opportunity Zone, providing valuable tax

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Home facts

  • Year built:2025
  • Listing ID #:SC25262675
  • Added:64 day(s) ago
  • Updated:January 25, 2026 at 02:34 PM

Rooms and interior

  • Living area:12,770 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless, Solar

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Building area:12,770 sq. ft.
  • Lot area:0.41 Acres

Utilities

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

Finances and disclosures

  • Price:$4,995,000
  • Price per sq. ft.:$391.15
Based on information from California Regional Multiple Listing Service, Inc. as of January 25, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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