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1324 N Broadway, SANTA MARIA, CA 93454

$9,500,000
Property Type: Res Inc Lot Size (sq. ft.): 172,062 Status: Pending
Current Price: $9,500,000 List Date: 6/12/2025 Last Modified: 2/10/2026

Overview

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

Supplements: 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 ...

Listing Details MLS# 25-2302

Location Info

District
60 - SANTA MARIA
Street #
1324
Dir
N
Street Name
Broadway
State
CA
Country
US
Postal Code
93454
Compass Map
Santa Maria
Map Grid
6C
County
Santa Barbara
Parcel Number
121-031-024
Cross Street
Donovan

Contract Info

Price
9500000
Seller Consider Concessions
No
Begin Date
2025-06-12

Status Information

Under Contract Date
2025-08-11

Property Information

Number of Units
100
Stories
Yes
Year Built
1965
Apx # Acres
3.95
Recurring Fees
No

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
100000

More Information

Unit 1

# Units
100
# Bedrooms
100
# Baths
100
Furnished
Y
# Half Baths
0
Rent
0
Monthly Total
0

Neighborhood/Schools

Elementary School
CLA
Junior High School
CLA
High School
CLA

Zoning

C-2
Yes

Terms

Cash
Yes
OMC 2nd
Yes
OTHER/CLA
Yes

Listing Type

ER
Yes

Contingent Remarks

HOME INSPECTN
Yes
LOAN APPROVAL
Yes
REPORTS
Yes
OTHER
Yes

Property Features

Zoning: C-2 Terms: Cash; OMC 2nd; OTHER/CLA Listing Type: ER Contingent Remarks: HOME INSPECTN; LOAN APPROVAL; REPORTS; OTHER
IDX
Listing Office: Century 21 Masters
Last Updated: February - 10 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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