1804 S Thornburg St, Santa Maria CA 93458
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Price: $1,250,000
Property Details
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.
Do not go onto property or disturb tenants. Make offers subject to inspection
Property Type: Multi-Family
Property Status: In Escrow
Property Features: Garage, In-Unit Laundry
DOWNLOAD: Flyer (PDF)
Location
1804 S Thornburg St, Santa Maria, California 93458
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