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:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
smia
Listed Date:
Mar 8, 2025
Finished Sq Ft:
47,200
Lot Size:
172,062 sqft / 3.95 acres (approx)
Year Built:
1965
See this Listing
Schools
Elementary School:
Bonita
Middle School:
Adams
High School:
Santa Maria
Interior
Appliances
NO
Cooling
NO
Heating
WL
Exterior
Community
55+
Community Features
DGP
Other Structures
GZ
Roof
SHN
Financial
Map
Community
- Address1324 N Broadway Santa Maria CA
- SubdivisionNot Applicable
- CitySanta Maria
- CountySanta Barbara
- Zip Code93454
Subdivisions in Santa Maria
Market Summary
Current real estate data for Single Family in Santa Maria as of Dec 02, 2025
75
Single Family Listed
80
Avg DOM
386
Avg $ / SqFt
$808,638
Avg List Price
Property Summary
- Located in the Not Applicable subdivision, 1324 N Broadway Santa Maria CA is a Single Family for sale in Santa Maria, CA, 93454. It is listed for $100,000 and features 0 beds, 0 baths, and has approximately 47,200 square feet of living space, and was originally constructed in 1965. The current price per square foot is $2. The average price per square foot for Single Family listings in Santa Maria is $386. The average listing price for Single Family in Santa Maria is $808,638.
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