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$9,500,000
Est. payment /mo
3.95 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 25-2302
Year Built 1965
Lot Size 3.950 Acres
Acres 3.95
Lot Dimensions 172062.0
Source Santa Barbara Multiple Listing Service
Property Description
Exceptional Workforce Housing or Community Living Opportunity is for sale at 1324 N. Broadway in Santa Maria, CA. (This property is also available for lease at $100K / month. See MLS #25-965 or CLA.)
This unique 4-acre property, featuring 100 fully-furnished cottages, is ideally suited for workforce housing, educational institutions, religious organizations, senior living facilities, or other large-scale community uses. Other considerations would be for a boutique hotel, senior living, or multifamily housing.
Currently vacant, and with a range of on-site amenities, this turn-key property is ready to accommodate a variety of tenant needs.
Property highlights 100 cottages with a mix of studio and larger units, each offering 2 to 4+ beds per room.
Approximately 350 beds in total Each room is currently equipped with tv's, beds, dressers, and blankets to facilitate immediate occupancy.
New roofs have been installed on all units. New copper plumbing and sewer lines.
Owner has plans for kitchenette installations in units to enhance livability.
This property is vacant and available for immediate tenancy.
There's a ~7,200 SF restaurant / kitchen and meeting hall offering a spacious dining and event space that's ideal for communal meals, training sessions, or organizational gatherings.
A soccer field, volleyball courts, and a playground provide ample space for leisure and physical activity.
Santa Maria is one of California's fastest-growing cities, with a strong demand for affordable workforce housing driven by key industries such as agriculture, manufacturing, healthcare, and education.
Santa Maria has over 110,000 residents, with a steady annual increase.
Santa Maria is home to a large workforce, including farmworkers, service industry employees, and healthcare professionals who require accessible housing options.
The median home price exceeds $600,000, making rental housing a critical need for many local employees.
This property is convenient access to regional employment hubs, ensuring a steady demand for workforce accommodations.
This is a rare opportunity to secure a fully equipped, large-scale housing solution in a prime Santa Maria location.
This property is easy to show and ready for immediate occupancy.
Contact listing agents today to arrange your private tour and explore this exceptional multifamily opportunity.
This unique 4-acre property, featuring 100 fully-furnished cottages, is ideally suited for workforce housing, educational institutions, religious organizations, senior living facilities, or other large-scale community uses. Other considerations would be for a boutique hotel, senior living, or multifamily housing.
Currently vacant, and with a range of on-site amenities, this turn-key property is ready to accommodate a variety of tenant needs.
Property highlights 100 cottages with a mix of studio and larger units, each offering 2 to 4+ beds per room.
Approximately 350 beds in total Each room is currently equipped with tv's, beds, dressers, and blankets to facilitate immediate occupancy.
New roofs have been installed on all units. New copper plumbing and sewer lines.
Owner has plans for kitchenette installations in units to enhance livability.
This property is vacant and available for immediate tenancy.
There's a ~7,200 SF restaurant / kitchen and meeting hall offering a spacious dining and event space that's ideal for communal meals, training sessions, or organizational gatherings.
A soccer field, volleyball courts, and a playground provide ample space for leisure and physical activity.
Santa Maria is one of California's fastest-growing cities, with a strong demand for affordable workforce housing driven by key industries such as agriculture, manufacturing, healthcare, and education.
Santa Maria has over 110,000 residents, with a steady annual increase.
Santa Maria is home to a large workforce, including farmworkers, service industry employees, and healthcare professionals who require accessible housing options.
The median home price exceeds $600,000, making rental housing a critical need for many local employees.
This property is convenient access to regional employment hubs, ensuring a steady demand for workforce accommodations.
This is a rare opportunity to secure a fully equipped, large-scale housing solution in a prime Santa Maria location.
This property is easy to show and ready for immediate occupancy.
Contact listing agents today to arrange your private tour and explore this exceptional multifamily opportunity.
Location
State CA
County Santa Barbara
Others
Tax ID 121-031-024
Acceptable Financing Cash, OMC 2nd, OTHER/CLA
Listing Terms Cash, OMC 2nd, OTHER/CLA
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Listed by Century 21 Masters
"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."
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