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Property

Santa Maria, CA 93454 1324 N Broadway

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Presented By: Andrew Adler with Century 21 Masters;
  • MLS# V128554
  • 03/08/2025
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  • SQFT • 47,200
  • Year Built • 1965

Home Details

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.
Presented By: Andrew Adler with Century 21 Masters;

Interior Features for 1324 N Broadway

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths0
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Below Grade Finished Area0.0
Below Grade Finished Area Unit TypeSquareFeet
Common WallsTwoCommonWallsOrMore, OneCommonWall, EndUnit, NoOneAbove, NoOneBelow
Fireplace FeaturesNone
Fireplace Y/NNo
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesFurnished, SeeRemarks, AllBedroomsDown
Total Stories1

Other Rooms

Entry Level1

General for 1324 N Broadway

AccessibilitySeeRemarks
Additional Parcels Y/NNo
Attached Garage No
Availability Date2025-03-08
Carport Y/NNo
CitySanta Maria
Community FeaturesDogPark
CoolingNone
CountySanta Barbara
DirectionsFrom 101 North take the Donovan exit left (East) and go to Broadway. Turn left (south) on Broadway and property is about a half block on the left.
Electric On Property Y/NNo
Elementary SchoolBonita
Full Baths
Garage Spaces0.0
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingWallFurnace
High SchoolSanta Maria
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Living Area UnitsSquareFeet
Lot Size Square Feet172062.0
Lot Size UnitsAcres
MLS AreaSMIA - Santa Maria
Middle/Junior High SchoolAdams
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
Ok to LeaseNegotiable
Other StructuresGazebo
Patio/Porch FeaturesConcrete
Pet Deposit100.0
Pets AllowedCall
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialLease
Rent Control Y/NNo
Rent IncludesNone
RoofShingle
Security Deposit100000.0
Senior Community Y/NYes
SewerPublicSewer
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories1
Structure TypeHotelMotel, MixedUse, Office
Subdivision NameNot Applicable
ViewNone
Year Built1965
Year Built SourceEstimated

Exterior for 1324 N Broadway

Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsAll furniture and fixtures are included in the lease, This includes beds, blankets, dressers, lighting, etc. Units are ready for immediate occupancy.
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres3.95
Lot Size Area3.95
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesOther
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Schools

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

Clayton Bond

Sales Associate
Price $100,000
MLS#V128554
List Date 03/08/2025
Property Type Rentals
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