About 227 Campodonico Avenue
Investor Opportunity - Probate Sale with Significant Upside
This probate sale is a compelling value add play on California's Central Coast. Priced at $459,900, the property includes a three bedroom, one and a half bath home on a 7,840 sq ft lot with alley access--a key feature that expands development potential. The existing structure needs repairs, but that's exactly where the upside begins. With alley access, the lot is well-positioned for one or two ADUs, creating multiple income streams, supporting multigenerational families living together, or setting up a strong resale exit. Investors should verify all ADU options with the city's building department.
The sale is subject to Court confirmation and offered strictly as is, making it ideal for buyers comfortable with renovation, construction, or value-added rental strategy. All showings require a licensed realtor to accompany prospective buyers.
Located minutes from the Guadalupe-Nipomo Dunes, the property sits in a high-demand rental region with limited supply and strong long-term appreciation fundamentals
