413 West Street new

Santa Maria,CA 93458

$ 605000

- Bed

- Bath

1092 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $554

MLS Listing ID CRPI25168102

HOA Y/N No

Year Built 1957

Lot Size 0.558 Acres

Property Sub-Type Duplex

Source Datashare California Regional

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

Interior

Heating None

Cooling No Air Conditioning

Fireplace No

Laundry No Hookups

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