This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$8,750,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property 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 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.
Full Property Details
Full Property Details for 1324 N Broadway
General
- Sold For: $8,750,000
- Status: Closed
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 25-2302
- Added to Site: 496 day(s) ago
Location
- Area: 60 - SANTA MARIA
- County: Santa Barbara
- Cross Streets: Donovan
School Information
- Elementary School: CLA
- Middle School: CLA
- High School: CLA
Structural Information
- Year Built: 1965
Lot Features
- Lot Size (Acres): 3.95
- Lot Size (Sq. Ft.): 172,062
- Lot Size: 3.95
- Zoning: C-2
Financial Considerations
- Terms: Cash, Owner May Carry Second, Owner May Carry Second
Disclosures and Reports
- Property ID: 121-031-024
Listed and Sold by Century 21 Masters and eXp Realty of California Inc.
Get Pre-Approved Today
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
$8,750,000
-7.89%
MLS
6/12/2025
Listed
$9,500,000
—
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# 25-2302) is a Multi-Family property that was sold at $8,750,000 on October 02, 2026. Want to learn more about 1324 N Broadway? Do you have questions about finding other Multi-Family 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.

