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Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $328
Subdivision Guadalupe/Casmalia(850)
MLS Listing ID PI26083416
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1961
Lot Size 7,841 Sqft
Property Sub-Type Detached
Property Description
Investor Opportunity Probate Sale with Significant Upside This probate sale is a compelling value add play on Californias 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 accessa key feature that expands development potential. The existing structure needs repairs, but thats 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 citys 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
Exterior
Parking Features Garage
Garage Spaces 1.0
Fence Wood
View Y/N Yes
Building
Story 1
Sewer Private Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid
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Nicole Hazelton-Meacham
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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