#202507496, Jill M Bennett, Listing office: LPT Realty. Inc.
Property details
About 1324 N Broadway
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.
Highlights
Summary
- List Price: $9,500,000
- Annual Tax Amount: $104,059
- Tax Year: 2024
- Year Built: 1965
- Lot Size: 3.95 Acres
- MLS Number: 25-2302
- MLS Name: Santa Barbara Multiple Listing Service
- Office Name: Century 21 Masters, eXp Realty of California Inc.
- Office Email: broker@fullrealtyservices.com
- Listing Agent: Andrew Adler, Jorge DeLeon
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Last updated on: 7/16/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 23, 2017 | Home Sold | $800,000 |
Apr 17, 2014 | Home Sold | $150,000 |
Aug 22, 2008 | Home Sold | $235,000 |
Jun 27, 2003 | Home Sold | $110,000 |
Jan 04, 1990 | Home Sold | $140,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $8,143,582 | $104,059 |
2023 | $7,985,179 | $101,824 |
2022 | $7,829,883 | $99,801 |
2021 | $7,677,632 | $96,678 |
2020 | $185,711 | $2,698 |
2019 | $182,070 | $2,613 |
2018 | $178,500 | $2,613 |
2017 | $158,436 | $2,805 |
History based on county public records data.
Nearby schools
2
Alvin Elementary School
Public District KG-6
0.3 mi
•301 E Alvin Ave
4
William Rice Elementary School
Public District KG-6
0.4 mi
•700 Vickie Ave
3
Robert Bruce Elementary School
Public District KG-6
0.5 mi
•601 W Alvin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,665. The most common annual income of people living in Santa Maria, CA is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1324 N Broadway
The listing price of 1324 N Broadway property is $9,500,000.
The property 1324 N Broadway is a multi located in Santa Maria, California, 93454.
Active Listing: 1324 N Broadway is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1324 N Broadway are: Alvin Elementary School (GreatSchools Rating 2/10), William Rice Elementary School (GreatSchools Rating 4/10), Robert Bruce Elementary School (GreatSchools Rating 3/10), El Camino Junior High School (GreatSchools Rating 2/10), Isaac Fesler Junior High School (GreatSchools Rating 4/10), Tommie Kunst Junior High (GreatSchools Rating 3/10), Santa Maria High School (GreatSchools Rating 4/10), Pioneer Valley High School (GreatSchools Rating 6/10), Trivium Charter (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $104,059 (source: MLS/based on county public records data).
The last sale was on February 23, 2017 for $800,000 (source: MLS/tax record).
The sq. ft. of 1324 N Broadway is not available (source: MLS/tax record).
The year of construction for 1324 N Broadway is 1965.
This home is located at 1324 N Broadway in Santa Maria, CA and zip code 93454. Features: 0 bathroom. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $9,500,000.
While more than 20 listings in Santa Maria, CA in June 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 13 were sold below. Between May and June 2025, Santa Maria, CA real estate market has seen increase in the number of listings by 1.3%. While the average time on the market in June 2025 was 20 days, the median list price was $668,950.