$1,250,000
1804 S Thornburg
Santa Maria, CA 93458
1976
Year Built
Santa Barbara
County
Apartment
Property Type
About this home
1804 S Thornburg Street is a steady income-producing fourplex in Santa Maria with a gross annual income of $99,276, featuring (2) spacious 3Bed/2Bath units and (2) 2Bed/1Bath units, all with convenient 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 additional storage income or possible ADU conversion, providing an opportunity to increase revenue. Built in 1976, the property offers larger floor plans well suited to today’s rental market. With spacious units, recent improvements, value-add potential, and a convenient location, 1804 S Thornburg Street is a compelling opportunity for investors to expand their holdings in Santa Barbara County’s fastest-growing city.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$6,653/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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