413 West Street Active Save Request In-Person Tour Request Virtual Tour
Santa Maria,CA 93458
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $526
MLS Listing ID 25001514
Bedrooms 1
Full Baths 1
Year Built 1957
Lot Size 0.558 Acres
Property Sub-Type Multi Family
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 Thornberg 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
Area 15 - Sm Southwest
Zoning Multi-Fam R2
Interior
Heating None
Cooling None
Laundry None
Exterior
Parking Features 1 - 5
Roof Type Shingle
Building
Foundation Slab
Others
Acceptable Financing Cash
Listing Terms Cash