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$100,000
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Property Description
Exceptional Workforce Housing or Community Living Opportunity for Lease at 1324 N. Broadway in Santa Maria, CA. For lease at $100K / month gross lease. 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 Highlights "¢ 100 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 delaysthis property is available for immediate tenancy. On-Site Amenities " 7,200 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 Structure " Modified 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 & Demographics: 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. " 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. " Affordability Gap - The median home price exceeds $600,000, making rental housing a critical need for many local employees. " Proximity to Major Employers - 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. Schedule a Tour Today! This property is easy to show and ready for immediate occupancy. Contact listing agents today to arrange a private tour and explore this exceptional leasing opportunity.
Full Property Details
Full Property Details for 1324 N Broadway
General
- Sold For: $100,000
- Status: Closed
- Type: Business
- Source: SBAOR
- MLS ID: 25-965
- Added to Site: 581 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 102
Location
- Area: 60 - SANTA MARIA
- County: Santa Barbara
- Cross Streets: Donovan
- Driving Directions: 101 North exit Donovan left to Broadway. Turn left on Broadway and property is on the left a short ways down the street.
Structural Information
- Property Condition: Good
Lot Features
- Zoning: C-2
Financial Considerations
- Terms: Cash, See Remarks
- Tenant Pays: Int Main, Janitr, Trash Collection, Gas, Heat
Disclosures and Reports
- Property ID: 121-031-024
Listed and Sold by Century 21 Masters and eXp Realty of California Inc.
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Schools
Schools serving 1324 N Broadway
School Districts:Santa Maria-Bonita Elementary School District, Santa Maria Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Rice (William) Elementary School 700 Vickie Avenue, Santa Maria, CA 93454 | K-6 | 0.4 mi |
Kunst (Tommie) Junior High School 930 Hidden Pines Way, Santa Maria, CA 93458 | 7-8 | 1.5 mi |
Pioneer Valley High School 675 Panther Drive, Santa Maria, CA 93454 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1324 N Broadway
Date
Details
Price
Change
Source
10/02/2026
Sold
$100,000
—
MLS
3/07/2025
Listed
$100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1324 N Broadway, Santa Maria, CA 93454 (MLS# 25-965) is a Business property that was sold at $100,000 on October 02, 2026. Want to learn more about 1324 N Broadway? Do you have questions about finding other Business real estate for sale in Santa Maria-Northeast? You can browse all Santa Maria-Northeast real estate or contact a Coldwell Banker agent to request more information.

