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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$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 Detached

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

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

Direction 2nd Street to Campodonico

Interior

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 1.0

Fence Wood

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 1

Building

Story 1

Sewer Private Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 115192005

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Probate Sbjct to Overbid

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

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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227 Campodonico Guadalupe, CA 93434