215 N Miller Street

Santa Maria, CA 93454

  • 0 Bed(s)
  • 0 Bath(s)
  • 18,072 Sqft
  • 44720
    Sqft(Lot)
$5,125,000

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.

  • Property Type

    Residential Income

  • County

    Santa Barbara

  • Style

    Residential Income

  • AD ID

    48997353

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Property Details

  • Water/Sewer

    • Water Source : Other
    • Sewer : Other

  • Building Information

    • Year Built: 1983
    • Building Area Total: 18,072

    Pool Features

    • None

    Laundry Features

    • Washer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.0266
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 44720

  • Listing Price Information

    • Original List Price: 5,125,000
    • Listing Contract Date: 2025-03-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 121225009

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SMIA - Santa Maria
    • Postal Code Plus 4: 4526
    • Directions: Varies.
    • Source Property Type: Residential Income
    • Area: SMIA - Santa Maria
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 42
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Other
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 04/05/2025 @ 01:32

  • MLS: PI25058335
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 18,072 sqft, 44,720 sized lot, and 27 parking. are nearby neighborhoods.