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$ 1,250,000
Est. payment | /mo
6,969 Sqft Lot
$ 1,250,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Sm Southwest(940)
MLS Listing ID PI26208279
HOA Y/N No
Year Built 1976
Lot Size 6,969 Sqft
Property Sub-Type Apartment
Property Description
1804 S Thornburg Street is a steady income-producing fourplex 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 today's 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 County's fastest-growing city.
Location
State CA
County Santa Barbara
Area Smsw - Sm Southwest
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Garage, Off Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 117470018
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Steven Battaglia Steven Battaglia, Broker 8056806431, DRE #01318215
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