417423 Tiffany Drive, Santa Maria, CA, CA 93454
- $1,600,000
- List Price
- $1,600,000
- Status
- ACTIVE
- MLS#
- SC26178296
- County
- Santa Barbara
- Year Built
- 1988
- Building Square Feet
- 4,646
- Square Feet
- 7,780
- Days on Market
- 27
- Property Type
- Multifamily
- Style
- Craftsman
Property Description
Exceptional 4-Unit Condo Investment Opportunity in Santa Maria Discover a rare opportunity to acquire four individually deeded condominium units at 417–423 Tiffany Drive in Santa Maria. This well-maintained fourplex offers the flexibility of a traditional income-producing investment while giving the buyer the unique option to sell the individual condos separately in the future. The property features three 2-bedroom 2-bath units and one 3-bedroom 2-bath unit, with each residence offering its own two-car garage—a highly desirable amenity for residents and a strong value-add for future resale. The property is in excellent condition and is conveniently located near Marian Regional Medical Center and Highway 101 access, making it attractive to a wide range of tenants and owner-occupants alike. Another major advantage is the absence of a traditional HOA. The property operates with a shared maintenance agreement for the common driveway, helping keep ownership straightforward while avoiding the typical HOA structure and associated dues. Whether you're looking to build a rental portfolio, invest in Santa Maria real estate, or acquire an asset with future individual resale potential, 417–423 Tiffany Drive offers a compelling combination of high quality condition, flexibility, location, and long-term opportunity.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Parcel Number
- 128117001
- Common Interest
- Condominium
- Gross Scheduled Income
- $108,828
- Operating Expense
- 16828
- Net Operating Income
- $74,399
- Number of Buildings
- 2
- Lot Features
- Landscaped, Level, Paved, Sprinkler System, Street Level
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
- Heat
- Central
- Cooling
- Yes
- Exterior Construction
- Drywall, Hardboard
- Roof
- Composition
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Listing courtesy of Listing Agent: Max Zappas (max@zvillages.com) from Listing Office: Max Zappas, Broker.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.