There are multiple listings for this address:
1324 N Broadway
Santa Maria, CA, 93454
$100,000
Beds
0 Baths
47,200 SqFt
3.95 Acres
Add
Exceptional Workforce Housing or Community Living Opportunity at1324 N. Broadway, Santa Maria. For lease at $100,000 / month on a modified gross basis. See Offering Memorandum attached in ‘Documents’.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. With flexible leasing options and a range of on-site amenities, this turn-key property is ready to accommodate a variety of tenant needs.Property Highlights100 Ground-level Cottages – A mix of studio and larger units, each offering 2 to 4+ beds per room, providing approximately 300 beds in total.Fully Furnished – Each room is currently equipped with beds, dressers, and blankets to facilitate immediate occupancy.Planned Upgrades – Owner has submitted permits for kitchenette installations in each unit to enhance livability.Recent Improvements – New roofs have been installed on all units.Vacant and Move-in Ready – No delays–this property is available for immediate tenancy.On-Site Amenities7,200 SF Restaurant & Meeting Hall – A spacious dining and event space, ideal for communal meals, training sessions, or organizational gatherings. Owner is open to bringing the restaurant up to code as needed.Outdoor Recreation – A soccer field, volleyball courts, and a playground provide ample space for leisure and physical activity.Food Service Flexibility – While the restaurant space is currently non-operational, food trucks have historically served the location daily and nightly, offering convenient meal options for residents. The owner is willing to bring the restaurant up to code.Lease StructureModified Gross Lease – Owner covers property taxes and insurance; tenants are responsible for utilities and property management.Flexible Terms – Negotiable lease terms to accommodate tenant needs.Santa Maria Workforce Housing Demand & DemographicsSanta 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.Population Growth – Over 110,000 residents, with a steady annual increase.Workforce Demand – Santa Maria is home to a large workforce, including farmworkers, service industry employees, and healthcare professionals who require accessible housing options.

Property Details

Price:
$100,000
MLS #:
V1-28554
Status:
Active
Beds:
0
Baths:
0
Address:
1324 N Broadway
Type:
Rental
Subtype:
Commercial/Residential
Neighborhood:
smiasantamaria
City:
Santa Maria
Listed Date:
Mar 8, 2025
State:
CA
Finished Sq Ft:
47,200
ZIP:
93454
Lot Size:
172,062 sqft / 3.95 acres (approx)
Year Built:
1965
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Schools

Elementary School:
Bonita
Middle School:
Adams
High School:
Santa Maria

Interior

Accessibility Features
See Remarks
Appliances
None
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Interior Features
Furnished
Pets Allowed
Call

Exterior

Community
55+
Community Features
Dog Park
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
Other
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby

1324 N Broadway
Santa Maria, CA
1324 N Broadway
Santa Maria, CA, 93454
$9,500,000
Beds
0 Baths
SqFt
3.95 Acres
Add
Exceptional Workforce Housing or Community Living Opportunity at1324 N. Broadway, Santa Maria. For lease at $100,000 / month on a modified gross basis. See Offering Memorandum attached in ‘Documents’.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. With flexible leasing options and a range of on-site amenities, this turn-key property is ready to accommodate a variety of tenant needs.Property Highlights100 Ground-level Cottages – A mix of studio and larger units, each offering 2 to 4+ beds per room, providing approximately 300 beds in total.Fully Furnished – Each room is currently equipped with beds, dressers, and blankets to facilitate immediate occupancy.Planned Upgrades – Owner has submitted permits for kitchenette installations in each unit to enhance livability.Recent Improvements – New roofs have been installed on all units.Vacant and Move-in Ready – No delays–this property is available for immediate tenancy.On-Site Amenities7,200 SF Restaurant & Meeting Hall – A spacious dining and event space, ideal for communal meals, training sessions, or organizational gatherings. Owner is open to bringing the restaurant up to code as needed.Outdoor Recreation – A soccer field, volleyball courts, and a playground provide ample space for leisure and physical activity.Food Service Flexibility – While the restaurant space is currently non-operational, food trucks have historically served the location daily and nightly, offering convenient meal options for residents. The owner is willing to bring the restaurant up to code.Lease StructureModified Gross Lease – Owner covers property taxes and insurance; tenants are responsible for utilities and property management.Flexible Terms – Negotiable lease terms to accommodate tenant needs.Santa Maria Workforce Housing Demand & DemographicsSanta 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.Population Growth – Over 110,000 residents, with a steady annual increase.Workforce Demand – Santa Maria is home to a large workforce, including farmworkers, service industry employees, and healthcare professionals who require accessible housing options.

Property Details

Price:
$9,500,000
MLS #:
V1-29532
Status:
Active
Baths:
0
Address:
1324 N Broadway
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
smiasantamaria
City:
Santa Maria
Listed Date:
Apr 22, 2025
State:
CA
ZIP:
93454
Lot Size:
172,062 sqft / 3.95 acres (approx)
Year Built:
1965
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Elementary School:
Bonita
Middle School:
Adams
High School:
Santa Maria

Interior

Accessibility Features
See Remarks
Appliances
None
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Interior Features
Furnished

Exterior

Community
55+
Community Features
Dog Park
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
Other
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby