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529 S Pine Street, Santa Maria, CA 93458

Local realty services provided by:CENTURY 21 Jordan-Link
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 11:31 AM

Rooms and interior

  • Living area:12,770 sq. ft.

Heating and cooling

  • Cooling:Ductless Air
  • 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Jordan-Link is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Jordan-Link, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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