311 Lolita Lane L, Santa Maria, CA

$425,000

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2

Beds

2

Baths

1,026

Square feet

0.25

Acres

Pending

 

About 311 Lolita Lane L

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 functional dishwasher, beautiful countertops, and modern touches throughout. Located in a desirable complex with LOW HOA dues, this is a low-maintenance, high-yield asset. Schedule a showing to see your next home or investment!

Features of 311 Lolita Lane L

MLS® # 25002044
Price $425,000
Bedrooms 2
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 1,026
Acres 0.25
Year Built 1984
Type Residential
Sub-Type Condominium
Status Pending

Community Information

Address 311 Lolita Lane L
Area SM Southwest
Subdivision SM Southwest
City Santa Maria
County Santa Barbara
State CA
Zip Code 93458

Amenities

Features Other
View None
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Vinyl, Tile
Appliances Dishwasher, Dryer, Refrigerator, Oven, Washer
Heating Forced Air
Cooling None, Ceiling Fans
# of Stories 2
Has Basement No

Exterior

Exterior Wood Siding
Exterior Features Fenced Yard, Fenced
Roof Shingle
Foundation Slab

School Information

High Monthly

Additional Information

Foreclosure No
Short Sale No
HOA Fees 150.00
HOA Fees Freq. Monthly

Listing Details

AgentCorey M Hegney Jr
OfficeKeller Williams Realty Central Coast

Listing Map

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