413 West Street, Santa Maria, CA 93458

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Glen Henderson

[email protected] +1(619) 889-7646

$575,000

Est. payment - /mo

1 Bed

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Sm Southwest(940)

MLS Listing ID PI25168102

Bedrooms 1

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

Unique Investment Opportunity - Zoned R2 with Future Development Potential. This is a rare opportunity for a buyer with vision and patience. Located in an area the City of Santa Maria has identified for future development, this property was previously zoned M1 and is now designated R2. The current use is grandfathered under the prior M1 zoning; however, any new use must comply with the current R2 zoning regulations. Buyers are encouraged to verify zoning and development plans directly with the City of Santa Maria. The dirt road from Thornburg is technically not a legal easement. It is an implied easement. All residence have always used the dirt road to access their properties. The lot is approximately 24,306 square feet per recent legal split (records available), though public records still reflect a larger 40,510 square foot parcel. The property includes a 1,092 square foot structure built in 1957 on a slab foundation. The building is in poor condition and may be best suited for tear-down. Utilities include city water, natural gas, and septic system. This is an excellent opportunity to invest in a transitioning neighborhood with long-term upside potential.

Location

State CA

County Santa Barbara

Zoning Public Rec

Direction From Broaday to Carmen Ln. to Thornburg to West.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 117760012

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Listed by James Gallegos Century 21 Masters-SM

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

413 West Street Santa Maria, CA 93458

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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