Source:
Santa Barbara Multiple Listing Service
MLS#26-3217
About the Property
1804 S Thornburg Street is a well-located 4-unit multifamily property in Santa Maria generating $99,276 in gross annual income. Built in 1976, it features (2) spacious 3Bed/2Bath and (2) 2Bed/1Bath units, all with 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 storage in
1804 S Thornburg Street is a well-located 4-unit multifamily property in Santa Maria generating $99,276 in gross annual income. Built in 1976, it features (2) spacious 3Bed/2Bath and (2) 2Bed/1Bath units, all with 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 storage income or possible ADU conversion. With spacious floor plans, recent improvements, value-add potential, and a convenient location, 1804 S Thornburg Street offers a compelling investment opportunity in Santa Barbara County’s fastest-growing city.