This portfolio offers a rare opportunity to acquire 17 units in the rapidly growing Santa Maria market, the fastest-growing area in Santa Barbara County. Known for its relatively affordable housing and strong job base, Santa Maria is a highly desirable location for both tenants and 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 & 435 E Newlove Dr, Santa Maria. Unit mix over all properties is (9) 3-Bedroom, (7) 2-Bedroom, and (1) Studio. While some of the properties may require updates, they offer significant upside potential through modest rent increases, possible improvements, and opportunities for expansion. With strong demand for housing in the area, this is an ideal investment for those looking to capitalize on Santa Maria’s growth and its potential for value-add initiatives.
MLS #
CRPI25058335
MLS Source
California Regional MLS
Days on Site
13
Garage/Parking
Garage: 27 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | – | – |
215 N Miller St is a Residential Income in Santa Maria, CA 93454. This – square foot property sits on a 44,720 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,125,000 and was built in 1983.
This address can also be written as 215 N Miller St, Santa Maria, CA 93454.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 17, 2025. For the most current information, please contact Steven Battaglia, (805) 688-5333