Residential Income - 1804 S Thornburg, Santa Maria, CA

$1,250,000

1804 S Thornburg, Santa Maria, CA

1804 S Thornburg, Santa Maria, CA 93458 - $1,250,000 · Multi-Family Home for Sale, photo 3

1804 S Thornburg, Santa Maria, CA 93458 - $1,250,000 · Multi-Family Home for Sale, photo 4

1804 S Thornburg, Santa Maria, CA 93458 - $1,250,000 · Multi-Family Home for Sale, photo 5

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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 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.

Property details

Year built

1976

Property type

Residential Income

Lot size

6,970 sqft

Location

1804 S Thornburg • Santa Maria, CA 93458

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Listed by

Steven Battaglia · Steven Battaglia, Broker

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Closed sales reported in 93458, nearest first, last 12 months. All recent sales in Santa Maria →