Homes for sale - 215 N Miller ST, Santa Maria, CA 93454

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Steven Battaglia • Steven Battaglia, Broker

$5,125,000

Est. payment - /mo

1.03 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPI25058335

Originating Board California Regional MLS

Year Built 1983

Lot Size 1.027 Acres

Property 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.

Location

State CA

County Santa Barbara

Area Smia - Santa Maria

Interior

Laundry 30

Exterior

Garage Spaces 27.0

Pool None

Others

Tax ID 121225009

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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215 N Miller ST Santa Maria, CA 93454

JLee Broker

Key Details

Location

Interior

Exterior

Others

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