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100-Cottage Workforce Housing Property
For Sale
$100,000
Pending

1324 N Broadway, Santa Maria, CA 93454

COMMERCIAL - SANTA MARIA, CA

Property SizeContact for details
Lot Size4.00 Acres
Days on Market534

Property Features for 1324 N Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Bathrooms 102
Full bathrooms 102
Rooms Bathroom 52, Bathroom 20, Bathroom 43, Bathroom 2, Bathroom 91, Bathroom 27, Bathroom 49, Bathroom 33, Bathroom 39, Bathroom 58, Bathroom 55, Bathroom 11, Bathroom 94, Bathroom 9, Bathroom 26, Bathroom 78, Bathroom 32, Bathroom 86, Bathroom 82, Bathroom 12, Bathroom 47, Bathroom 56, Bathroom 28, Bathroom 24, Bathroom 34, Bathroom 95, Bathroom 23, Bathroom 57, Bathroom 4, Bathroom 40, Bathroom 61, Bathroom 93, Bathroom 5, Bathroom 101, Bathroom 17, Bathroom 71, Bathroom 102, Bathroom 72, Bathroom 59, Bathroom 13, Bathroom 42, Bathroom 100, Bathroom 44, Bathroom 18, Bathroom 53, Bathroom 85, Bathroom 3, Bathroom 64, Bathroom 73, Bathroom 29, Bathroom 7, Bathroom 63, Bathroom 8, Bathroom 76, Bathroom 84, Bathroom 38, Bathroom 69, Bathroom 1, Bathroom 14, Bathroom 48, Bathroom 87, Bathroom 96, Bathroom 6, Bathroom 35, Bathroom 51, Bathroom 77, Bathroom 90, Bathroom 37, Bathroom 65, Bathroom 81, Bathroom 66, Bathroom 80, Bathroom 74, Bathroom 30, Bathroom 92, Bathroom 98, Bathroom 79, Bathroom 22, Bathroom 45, Bathroom 70, Bathroom 62, Bathroom 25, Bathroom 50, Bathroom 36, Bathroom 54, Bathroom 99, Bathroom 41, Bathroom 97, Bathroom 83, Bathroom 67, Bathroom 15, Bathroom 10, Bathroom 75, Bathroom 60, Bathroom 21, Bathroom 68, Bathroom 16, Bathroom 19, Bathroom 31, Bathroom 88, Bathroom 46, Bathroom 89
Directions 101 North exit Donovan left to Broadway. Turn left on Broadway and property is on the left a short ways down the street.
Subdivision 60 - SANTA MARIA
Standard status Pending
APN 121-031-024
Lot size 4.00 Acres

Amenities

restaurant & meeting hall
soccer field
volleyball courts
playground

Building Details

Floors in Building 1
Listing Agency: Century 21 Masters · Century 21 Real Estate
Listed By: Andrew Adler · License #01162080
Added: Mar 7, 2025 Changed: Aug 4 Last Checked: Aug 23 at 4:06AM
MLS# 25-965

Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

1324 N Broadway, Santa Maria, CA is a C-2 zoned 4-acre property configured as workforce housing or community living accommodations with 100 fully-furnished cottages. The tenant mix is described as a combination of studio and larger units, with beds in each room and a total approximated at 300+ beds, supporting a range of household sizes. The property is presented as vacant and move-in ready for immediate occupancy.

On-site amenities include a 7,200 SF restaurant and meeting hall for communal meals, training, or organizational gatherings. Outdoor recreation features a soccer field, volleyball courts, and a playground. The restaurant space is currently non-operational, and the owner is open to bringing it up to code as needed.

Recent improvements include new roofs installed on all units, and the owner has submitted permits for kitchenette installations in each unit to enhance livability. Lease structure is described as a modified gross lease, with the owner covering property taxes and insurance while tenants are responsible for utilities and property management. Lease terms are described as flexible and negotiable.

Key Highlights

  • 4‑acre C‑2 zoned property with 100 fully‑furnished cottages
  • Vacant and move‑in ready for immediate occupancy
  • Mix of studio and larger units with 2 to 4+ beds per room; approx 300+ beds total

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100
Residential units

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 93454, CA

40,994
Population
12,413
Households
3.3
Avg Household Size
33
Median Age
18%
College-Educated
74%
High-School Grad
418.3 sq mi
ZIP Area
98
Density / Sq Mi
$84,178
Median Household Income
$34,883
Median Earnings
$1,750
Median Rent
$477,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - C-2 zoned property with 100 fully-furnished cottages designed for immediate tenancy.
Where is this apartment building located?
The property is located at 1324 N Broadway Santa Maria, CA.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 4‑acre C‑2 zoned property with 100 fully‑furnished cottages; Vacant and move‑in ready for immediate occupancy; Mix of studio and larger units with 2 to 4+ beds per room; approx 300+ beds total
More about this property
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