$100,000
47,200
3.95 Acre Lot

1324 N Broadway, Santa Maria, California 93454

  • Residential Lease Property Type
  • 47,200 Square Footage
  • Other Cars Garage
  • 1965 Year Built
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 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.

Basic Details
Residential Lease
For Rent
V1-28554
$100,000
None
47,200
1965
3.95 Acre
Active
1
Mixed Use
: Shingle
Features
: None
: Wall Furnace
: None
: None
: Concrete
: Other
: All Bedrooms Down, See Remarks, Furnished
: Public Sewer
$0
Address Map
CA
Santa Barbara
Santa Maria
Not Applicable
93454
Broadway
1324
W121° 33' 55.8''
N34° 57' 54.8''
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.
SMIA - Santa Maria
N
Neighborhood
Bonita
Santa Maria
Adams
Additional Information
$0
$0
$0
$0
$0
: See Remarks
: Dog Park
1
: Slab
: One
: Sprinklers None
2025-03-07
None
1
1
1
: Public
Broker/Agent Information
Century 21 Real Estate Alliance
Andrew Adler
Listing Information
Jorge DeLeon
v211506609
V9018
eXp Realty of California
vc199500143
V5043
Active
2025-03-14T02:44:46Z
CRMLS
2025-03-07T16:00:00Z
Agent info
Ray Millman
Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069