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Corner Lot Multifamily Property
For Sale
Contact for pricing
Pending

909 N Broadway, Santa Maria, CA 93454

15-unit multifamily property with remodeled exterior and interior upgrades, plus select units with covered parking.

Property SizeContact for details
Days on Market150

Property Features for 909 N Broadway

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 15

Amenities

covered parking

Building Details

Tenancy Multi
Listing Agency: Cornerstone Real Estate
Listed By: Glenda Muto · License #CA 01038878
Source: Crexi
Added: Apr 11 Changed: Sep 6 Last Checked: Sep 7 at 7:19AM

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 Cornerstone Real Estate

Investment Insights

Based on property information with market context.

This for-sale multifamily property includes 15 units on a large corner lot. Many units feature kitchenettes, and some units include covered parking. The owner has remodeled and completed multiple capital improvements, including a new roof, new doors and windows, stucco and paint, updated railings, electrical upgrades, some new appliances, and replacement of the main sewer line. Units are rented on a monthly basis.

The property is located in the City at 909 N Broadway, Santa Maria, CA 93454, and is listed with 2 APNs: 909 and 905 N. Broadway. The property is described as commercial/residential/mix use per county records. Seller pays for all utilities, taxes, and insurance. Drive-by only; do not disturb tenants. The dress shop is not part of the sale and belongs to another owner.

Key Highlights

  • 15‑unit multifamily property on a large corner lot, over 1,800 sqft (per remarks).
  • Commercial/Residential/Mix use zoning listed in county records; property has 2 APNs: 909 and 905 N. Broadway.
  • Owner‑remodeled with new roof, doors, windows, stucco, paint, railings, and electrical upgrades.

Property Analytics

Current Use

Restwell Motel Hotel & Motel

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Storage Facility Electrical Service

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

15
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,019
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
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Frequently Asked Questions

What type of property is this?
Apartment building - 15-unit multifamily property with remodeled exterior and interior upgrades, plus select units with covered parking.
Where is this apartment building located?
The property is located at 909 N Broadway Santa Maria, CA.
What are key features of this property?
This property features: 15‑unit multifamily property on a large corner lot, over 1,800 sqft (per remarks).; Commercial/Residential/Mix use zoning listed in county records; property has 2 APNs: 909 and 905 N. Broadway.; Owner‑remodeled with new roof, doors, windows, stucco, paint, railings, and electrical upgrades.
More about this property
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