413 West Street, Santa Maria, CA

$575,000

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1

Bed

1

Bath

1,092

Square feet

0.56

Acres

Active

 

About 413 West Street

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.

Features of 413 West Street

MLS® # 25001514
Price $575,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 1,092
Acres 0.56
Year Built 1957
Type Multi-Family
Sub-Type Multi Family
Status Active

Community Information

Address 413 West Street
Area SM Southwest
Subdivision SM Southwest
City Santa Maria
County Santa Barbara
State CA
Zip Code 93458

Amenities

Parking Spaces 1
Parking 1 - 5
Has Pool No

Interior

Heating None
Cooling None
Has Basement No

Exterior

Exterior Wood Siding
Exterior Features Fenced Yard
Roof Shingle
Foundation Slab

Additional Information

Zoning Multi-Fam R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJames Gallegos
OfficeCentury 21 Masters

Listing Map

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