Furnished Cottage Apartment
For Sale
Contact for pricing
Pending
1324 N Broadway, Santa Maria, CA 93454
A furnished apartment community with communal facilities, outdoor recreation, and planned kitchenette upgrades.
Property SizeContact for details
Lot Size4.00 Acres
Days on Market515
Property Features for 1324 N Broadway
General Information
Standard status
Pending
Lot size
4.00 Acres
Property subtype
Special Purpose
Additional Details
Furnished
Yes
Asking Price
$9,500,000
Multifamily Units
100
Amenities
restaurant and meeting hall
soccer field
volleyball courts
playground
Listing Agency:
Century 21 Real Estate Alliance San Carlos
(805) 722-2640
Listed By:
Andrew Adler · License #01162080
Source:
Crexi
Added: Apr 3, 2025
Changed: Aug 30
Last Checked: Apr 24 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Real Estate Alliance San Carlos
Investment Insights
Based on property information with market context.
This Commercial-zoned apartment community spans 4 acres and includes 100 furnished cottages arranged in a mix of studio and larger units. Rooms contain beds, dressers, and blankets, with capacity ranging from 2 to 4+ beds per room and approximately 300 beds overall. New roofs have been installed throughout the cottage units, and permits have been submitted for kitchenette installations. The property is currently vacant and available for occupancy.
A 7,200 SF restaurant and meeting hall provides dining and gathering space, while the grounds include a soccer field, volleyball courts, and a playground. The restaurant is not currently operating, and the owner has indicated a willingness to complete code-related work. The property is offered with a Modified Gross lease structure under which the owner covers property taxes and insurance; tenants are responsible for utilities and property management.
A 7,200 SF restaurant and meeting hall provides dining and gathering space, while the grounds include a soccer field, volleyball courts, and a playground. The restaurant is not currently operating, and the owner has indicated a willingness to complete code-related work. The property is offered with a Modified Gross lease structure under which the owner covers property taxes and insurance; tenants are responsible for utilities and property management.
Key Highlights
- 4‑acre apartment property with 100 fully furnished cottages
- Studio and larger units with 2 to 4+ beds per room and approximately 300 beds total
- 7,200 SF restaurant and meeting hall
Property Analytics
Property Profile
Current Use
Lease Details
100
Residential units
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - A furnished apartment community with communal facilities, outdoor recreation, and planned kitchenette upgrades.
Where is this apartment building located?
The property is located at 1324 N Broadway Santa Maria, CA.
What are key features of this property?
This property features: 4‑acre apartment property with 100 fully furnished cottages; Studio and larger units with 2 to 4+ beds per room and approximately 300 beds total; 7,200 SF restaurant and meeting hall
