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$ 5,125,000
Est. payment | /mo
$ 5,125,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-1073
Originating Board Santa Barbara Multiple Listing Service
Property Description
17 units in the rapidly growing Santa Maria market, the fastest-growing area in Santa Barbara County. Known for its relatively affordable housing & strong job base, Santa Maria is a highly desirable location for both tenants & investors. The portfolio consists of 3 properties with a total of 17 units, each strategically positioned to provide steady occupancy and income. Portfolio includes 409-415 Tiffany Dr and 435 E Newlove Dr, Santa Maria. Unit mix is (9) 3-Bed, (7) 2-Bed, and (1) Studio. Properties offer significant upside potential through modest rent increases, possible improvements, and opportunities for expansion. This is an ideal investment for those looking to capitalize on Santa Maria's growth and its potential for value-add initiatives.
Location
State CA
County Santa Barbara
Others
Tax ID 121-225-009
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
Listed by Battaglia Commercial Real Esta
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