Published October 6, 2025

529 S. Pine Street, Santa Maria, CA 93458 $5,700,000 Co-Living | Maximum Rental Income | Tax Benefits Check Out Our New Listing!

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Written by Owen & Camille Schwaegerle

529 S. Pine Street, Santa Maria, CA 93458 $5,700,000 Co-Living | Maximum Rental Income | Tax Benefits Check Out Our New Listing! header image.

{original post 6/9/2025}


529 S. Pine Street, Santa Maria, CA 93458 $5,700,000 Co-Living | Maximum Rental Income | Tax Benefits  Check Out Our New Listing!

Looking for a high-yield investment? This co-living property, near completion, features 6 five-bedroom units and 2 six-bedroom units, totaling 42 bedrooms. Designed for maximum rental income, units are rented by the room with smart locks, shared bathrooms, and kitchens for a communal living experience. Projected monthly income is $48,500, with a gross annual income of $582,000.

Located in an Opportunity Zone for tax benefits, this property is close to Hancock College and Vandenberg Space Force Base, offering strong rental demand.

Enjoy Central Coast living with stunning beaches and outdoor adventure.

Shown by appointment only.

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