526 S Thornburg, Santa Maria, CA 93458, Santa Maria, 93458 - bed, bath
526 S Thornburg
Santa Maria, CA 93458
Property Price
SUMMARY
Analysis of 526 S Thornburg, Santa Maria, CA 93458 is currently available with a list price of $970,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Maria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, this fourplex is described as a turnkey income property, indicating it is functional and well-maintained. However, the lack of recent renovation details and the presence of aging infrastructure and dated exterior styling place it in the fair category. While suitable for immediate occupancy, the property likely features original or older systems and finishes that show signs of age.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Cash Flow
The property is fully occupied with a reliable rental history, ensuring consistent income from day one for the new owner.
- Rental Upside
All tenants are on month-to-month leases, providing the flexibility to adjust rents to market rates or transition units for owner-occupancy.
- High-Demand Unit Mix
Featuring four spacious 2-bedroom, 1-bath units, the property offers a functional layout that appeals to a wide range of long-term tenants.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1960, the property may require ongoing maintenance or capital expenditures for aging systems like plumbing, electrical, or roofing.
- Limited Modern Amenities
As a 1960s build, the units may lack modern features such as in-unit laundry or central air conditioning, which could impact long-term competitiveness.
About 526 S Thornburg
Excellent income-producing fourplex featuring four spacious 2-bedroom, 1-bath units. Each unit offers a functional layout with comfortable living spaces and strong rental appeal. The property is fully occupied, providing immediate and consistent cash flow. All tenants are currently on month-to-month leases, offering flexibility for future rent adjustments or potential owner occupancy. This is a great opportunity for investors seeking stable income with upside potential. Conveniently located near shopping, schools, and major transportation routes. Don't miss this turnkey multi-unit property with reliable rental history.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1960
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | - | - | 50% |
| Lot Size | 8,712 | 8,712 | 50% |
| Price | $970.0K | $970.0K | 50% |
| Price per sq ft | $0 | $0 | 50% |
| Built year | 1960 | 1948 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 102 | 33% |
Pricing History
Listed for Sale
Feb 24, 2026
$970,000
Initial Listing