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511 W Cook Street, 
Santa Maria, CA 93454

$3,200,000

—

Bed

—

Bath

6,949

Sq Ft

Multi-Family

Active

Listed by

Steven J Golis

Radius Group Commercial R.E.

Last updated:

January 29, 2026, 04:10 PM

MLS#

26-283

Source:

SBAOR

About This Home

511 W Cook Street

Positive Leverage From Day 1 w/ 3.77% Interest Only Assumable Agency Loan! The Lofts at 511 Cook Street is a distinctive 11 unit multifamily property in the heart of Santa Maria, featuring all 1 bedroom, 1 bathroom apartments, including three loft- or townhouse-style units that offer unique architectural character and a modern, upscale feel. The building spans 6,946 square feet and includes ample off-street parking, and an on-site laundry facility. Detached garages provide an easy value-add opportunity for a new owner, with potential for ADU conversion. Centrally located just minutes from downtown Santa Maria, residents enjoy convenient access to shops, restaurants, and local amenities. With its blend of standard and loft-style units, this property offers a compelling mix of functionality and style, making it appealing to young professionals, singles, and small households. It represents an outstanding opportunity for investors seeking a turnkey multifamily asset with both income stability and long-term growth potential. **Part of a portfolio sale, can be sold together or separate. 127 Agnes (13 units) is also available**

Home Facts

Multi-Family

Built in 1976

Price Summary

3,200,000

$460 per Sq. Ft.

MLS #:

26-283

Last Updated:

January 29, 2026, 04:10 PM

Added:

6 day(s) ago

Rooms & Interior

Interior

Living Area:

6,949 Sq. Ft.

Structure

Structure

Year Built:

1976

Lot

Lot Size (Sq. Ft):

17,859

Finances & Disclosures

Finances

Price:

$3,200,000

Price per Sq. Ft:

$460 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of February 2, 2026 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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.