215 N Miller St Santa Maria, CA 93454
Downtown Santa Maria NeighborhoodEstimated payment $33,730/month
About This Home
17 units in the rapidly growing Santa Maria market, the fastest-growing area in Santa Barbara County. Known for its relatively affordable housing & strong job base, Santa Maria is a highly desirable location for both tenants & 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 and 435 E Newlove Dr, Santa Maria. Unit mix is (9) 3-Bed, (7) 2-Bed, and (1) Studio. Properties offer significant upside potential through modest rent increases, possible improvements, and opportunities for expansion. This is an ideal investment for those looking to capitalize on Santa Maria's growth and its potential for value-add initiatives.
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Community Details
- 17 Units
Listing and Financial Details
- Assessor Parcel Number 121-225-009
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/17/2025 03/17/25 | For Sale | $5,125,000 | +306.1% | -- |
10/19/2018 10/19/18 | Sold | $1,262,000 | -1.0% | -- |
07/25/2018 07/25/18 | Pending | -- | -- | -- |
07/22/2018 07/22/18 | For Sale | $1,275,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1073

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