7
See all 7 photos
$1,250,000
Est. payment /mo
5 Beds
3 Baths
6,970 Sqft Lot
New
1804 S Thornburg Santa Maria, CA 93458
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Sm Southwest(940)
MLS Listing ID PI26208279
Bedrooms 5
Lot Size 6,970 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1804 S Thornburg Street is a well-located 4-unit multifamily property in Santa Maria with a gross annual income of $99,276, featuring (2) spacious 3Bed/2Bath units and (2) 2Bed/1Bath units, all with convenient in-unit laundry. Recent improvements include a permitted roof completed in 2021 and new permitted stairs completed in 2024. Two underutilized 2-car garages offer potential for additional storage income or possible ADU conversion, providing an opportunity to increase revenue. Built in 1976, the property offers larger floor plans well suited to todays rental market. With spacious units, recent improvements, value-add potential, and a convenient location, 1804 S Thornburg Street is a compelling opportunity for investors to expand their holdings in Santa Barbara Countys fastest-growing city.
Location
State CA
County Santa Barbara
Zoning Estimated
Direction From Highway 101, exit Stowell Road and head west. Turn left on South Thornburg Street, and the property will be on your right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 117470018
Acceptable Financing Cash
Listing Terms Cash
Listed by Steven Battaglia, DRE#01318215 Steven Battaglia, Broker
NEARBY SCHOOL & BUSINESS
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