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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$459,900

Est. payment - /mo

3 Beds

2 Baths

1,140 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,140 sqft

Price per Sqft $403

Subdivision Guadalupe/Casmalia(850)

MLS Listing ID PI26083416

Bedrooms 3

Full Baths 1

Half Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1961

Lot Size 7,840 Sqft

Property Sub-Type Single Family Residence

Property Description

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

Location

State CA

County Santa Barbara

Area Guad - Guadalupe

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Community Features Curbs

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Lot Description Level, Yard

Dwelling Type House

Story 1

Entry Level One

Foundation Slab

Sewer Private Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District Santa Maria-Bonita

Others

Senior Community No

Tax ID 115192005

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Third Party Approval, Probate Listing

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Listed by Daniel Swanson Century 21 Masters-SM 805-709-4111, DRE #00962926

NEARBY SCHOOL & BUSINESS

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227 Campodonico Guadalupe, CA 93434