215 N Miller Street
Santa Maria, CA 93454
Active for $5,125,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 44,720 sqft
MLS | PI25058335 |
Year Built | 1983 |
Property Type | Apartment |
County | Santa Barbara |
Status | Active |
Active | $5,125,000 |
Structure Size | N/A sqft |
Lot Size | 44,720 sqft |
Beds | N/A |
Baths | N/A |
Description
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.
Listing information courtesy of: Steven Battaglia, Steven Battaglia, Broker 805-688-5333. *Based on information from the Association of REALTORS/Multiple Listing as of 04/04/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.