417423 Tiffany Drive Santa Maria, CA $ 1,600,000
417423 Tiffany Drive
$ 1,600,000
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417423 Tiffany Drive

Santa Maria, CA, 93454
$ 1,600,000
Baths1.1 Sq 4,646

Monthly Estimate*

$ 10,103

Listed by Max Zappas, Broker
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Studio

Multi-Family Home for sale in Santa Maria, CA

for $1,600,000 with 1 full bath, 1 half bath. This 4,646 square foot home was built in 1988 on a lot size of 0.1786.

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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1786

Year Built

1988

Town/City

Santa Maria

County/Region

Santa Barbara

MLS | Web ID

SC26178296

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Underground Utilities Water Connected
Roof Composition
Appliances Dishwasher Gas Oven Gas Range Microwave
HOA Fee 0
Garage Spaces 8
Architectural Style Craftsman
Pool Features None
Construction Materials Drywall Hardboard
Year Built 1988
Electric Electricity - On Property
Tenant Pays All Utilities Electricity Gas Sewer Trash Collection Telephone Water
Property Subtype Quadruplex
Gross Income 108828
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks
Additional Parcels Description 128117002 128117003 128117004
County Santa Barbara
Net Operating Income 74399.26
Operating Expense 16828.7
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1510.6
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Exit highway 101 at East Main Street head east turn left on Concord Avenue turn left again on Fesler Drive take a right on Tiffany Drive and the condominiums will be on your left.
City Santa Maria
Disclosures Easement(s)
Entry Location On the front
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area SMIA - Santa Maria
Lot Size Units Square Feet
Lot Size Square Feet 7780
Number of Units Leased 4
Listing Terms Cash
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 109.61
Current Financing None
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1192
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 189
Total Actual Rent 9069
Property Sub Type Additional Quadruplex
Cap Rate 4.65
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Open Floorplan Storage Tile Counters All Bedrooms Up Attic
Flooring Carpet Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls End Unit No One Above No One Below
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Good Condition Wood
Parking Features Assigned
Lot Features Landscaped Level Paved Sprinkler System Street Level
Water Source Public
Total Parking 10
Lot Size Area 7780
Foundation Details Slab
Number of Buildings 2
Building Area Total 4646
Lot Size Acres 0.1786
Road Surface Type Alley Paved Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Responsibility Private Maintained Road
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* Excluded Features
List By
Max Zappas, Broker

Broker

max@zvillages.com

Email

Affordability Calculator

$10,103
Per Month
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Monthly Principal & Interest
$10,103
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2026$1,600,000 Listed Price

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417423 Tiffany Drive, Santa Maria, CA, 93454 is a Multi-Family Home for sale at $1,600,000 with 4,646 sqft and a lot size of 0.1786. 417423 Tiffany Drive is a studio with 1.1 baths and was built in 1988. The property's zip code is 93454 which is in Santa Maria, CA