1324 N Broadway
Santa Maria, CA 93454
- – beds
- – baths
- 47,200 sqft
- $2 per sqft
- 1965 build
- – on site
Exceptional Workforce Housing or Community Living Opportunity at1324 N. Broadway, Santa Maria. For lease at $100,000 / month on a modified gross basis. See Offering Memorandum attached in 'Documents'.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 Highlights100 Ground-level 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 delays--this property is available for immediate tenancy.On-Site Amenities7,200 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 StructureModified 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 & DemographicsSanta 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.
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Last updated Mar 18, 2025
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MLS# V1-28554 —
The Building
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Year Built:1965
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Year Built Source:Estimated
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Roof:Shingle
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Foundation:Slab
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Structure Type:Hotel/Motel, Office, Mixed Use
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Stories Total:1
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Entry Level:1
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Patio And Porch Features:Concrete
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Patio:1
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Accessibility Features:See Remarks
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Common Walls:1 Common Wall, No One Below, No One Above, End Unit, 2+ Common Walls
Interior
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Features:Furnished
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Levels:One
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Eating Area:See Remarks
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Room Type:See Remarks, All Bedrooms Down
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Living Area Units:Square Feet
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Living Area Source:Not Taped
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Fireplace:No
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Furnished:Furnished
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Fireplace:None
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Laundry:1
Room Dimensions
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Living Area:47200.00
Financial & Terms
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Lease Term:Negotiable
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Pet Deposit:$100
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Deposit Other:$100
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Rent Includes:None
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Security Deposit:100000
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Additional Rent For Pets:Yes
Location
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Directions:From 101 North take the Donovan exit left (East) and go to Broadway. Turn left (south) on Broadway and property is about a half block on the left.
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Latitude:34.96523400
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Longitude:-120.43449200
The Property
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Property Type:Residential Lease
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Subtype:Commercial/Residential
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Property Condition:Updated/Remodeled
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Lot Features:Sprinklers None
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Lot Size Area:3.9500
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Lot Size Acres:3.9500
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Lot Size SqFt:172062.00
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Lot Size Source:Public Records
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View:None
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Fence:Yes
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Sprinklers:No
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Property Attached:1
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Other Structures:Gazebo
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:121031024
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:None
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Included:No
Schools
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Elementary:BONITA
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Elementary School:Bonita
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Middle School:Adams
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Middle School:ADAMS
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High School:Santa Maria
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High School:SANTAM
The Community
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Subdivision:Not Applicable
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Subdivision:Not Applicable
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Features:Dog Park
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Inclusions:All furniture and fixtures are included in the lease, This includes beds, blankets, dressers, lighting, etc. Units are ready for immediate occupancy.
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Pool:None
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Senior Community:Yes
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
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Pets Allowed:Call
Parking
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Parking:Yes
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Parking:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).