CA > Santa Maria
Santa Maria, CA 93454,215 N Miller Street
Santa Maria, CA 93454,215 N Miller Street
Santa Maria, CA 93454,215 N Miller Street
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$5,125,000
Est. payment /mo
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42 Beds
18,072 SqFt
Active

215 N Miller Street Santa Maria, CA 93454

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Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,072 sqft

Price per Sqft $283

MLS Listing ID 25000487

Bedrooms 42

Lot Size 1.027 Acres

Property Sub-Type Multi-Family

Property Description

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, CA) 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.

Location

State CA

County Santa Barbara

Area 14 - Sm Northeast

Interior

Heating Other Heat

Cooling Other

Exterior

Roof Type Other

Building

Foundation Slab, Pillar/Post/Pier

Others

Acceptable Financing New Loan, Exchange, Cash

Listing Terms New Loan, Exchange, Cash

North Santa Barbara County MLS(NSBCMLS)
Listed by Steven R Battaglia • Battaglia Commercial RE

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agent

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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