1804 S Thornburg St - Multi-Family FOR SALE


Santa Maria, CA 93458 | 
$1,250,000 USD
805-680-6431
1804 S Thornburg St, Santa Maria, CA for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/7
null | 4.82% Cap Rate

1804 S Thornburg St
Santa Maria, CA 93458


OVERVIEW

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. Two underutilized 2-car garages offer potential for additional storage income or possibly ADU conversion which can enhance the property’s revenue. Built circa 1980, the property offers a desirable mix of larger floor plans well suited to today’s rental market. With its spacious units, in-unit amenities, value-add potential, and convenient location, 1804 S Thornburg Street is a compelling opportunity for investors to get into or expand their holdings in Santa Barbara County's fastest-growing city. *Do not go onto property or disturb tenants. Make offers subject to inspection

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

4.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1804 S Thornburg St, Santa Maria CA 93458

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

117-470-018

ASK ABOUT THIS PROPERTY

Steve BattagliaBattaglia Commercial Real EstateMore Info
805-680-6431

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Steve BattagliaBattaglia Commercial Real EstateMore Info
805-680-6431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.