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Listed by Andrew Adler • Century 21 Masters
$100,000
47,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Rent
Square Footage 47,200 sqft
MLS Listing ID CRV1-28554
HOA Y/N No
Year Built 1965
Lot Size 3.950 Acres
Property Sub-Type Detached
Source Datashare California Regional
Property Description
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 res
Location
State CA
County Santa Barbara
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Pool None
View None
Handicap Access See Remarks
Private Pool false
Building
Story 1
Foundation Slab
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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