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  • $8,750,000

    1324 N Broadway, Santa Maria, CA 93454

    100beds
    100baths
    --sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $9,440,200 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $9,440,200

    $6.32M - $14.16M

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Adler 01162080 805-722-2640,

    Century 21 Masters,

    Jorge DeLeon 01148777 805-794-7102,

    eXp Realty of California Inc.

    Bought with:

    Andrew Adler, 01162080

    Century 21 Masters

    Jorge DeLeon, 01148777

    Source: SBMLS,MLS#: 25-2302MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 100
    • Bathrooms: 100
    Features
    • Has fireplace: No

    Property

    Features
    • Stories: 1
    Lot
    • Size: 3.95 Acres
    Details
    • Parcel number: 121031024
    • Zoning: C-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1965

    Community & HOA

    Location
    • Region: Santa Maria

    Financial & listing details

    • Date on market: 6/12/2025
    • Cumulative days on market: 61 days
    • Listing terms: Cash,OMC 2nd,OTHER/CLA

    Price history

    DateEventPrice
    10/2/2026Sold$8,750,000-7.9%
    Source: SBMLS #25-2302 Report a problem
    8/11/2025Pending sale$9,500,000
    Source: SBMLS #25-2302 Report a problem
    6/12/2025Listed for sale$9,500,000
    Source: SBMLS #25-2302 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93454

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CLA
    • Middle: CLA
    • High: CLA

    Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.