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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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