2053 Lockwood, Santa Maria, CA 93455, Santa Maria, 93455 - 3 bed, 2 bath
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2053 Lockwood
Santa Maria, CA 93455
PENDING
CONDITION: FAIR
3Beds
2Baths
1,665Sq Ft
7,405Lot Size
Property Price
LIST PRICE$630,000
EST. MARKET VALUE
$575,612
9% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $630,000—positioned well above the $575,613 Fair Market Value by -9%. With a Condition Rating of 4, the property features a large 7,405 sqft lot and a private patio, offering significant potential for modernization. While the kitchen and systems require updates, the proximity to local schools provides long-term stability. This asset is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic renovations.
Estimated Market Value
$575,612
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2053 Lockwood Subject 3 bd · 2 ba · 1,665 sqft · $346 | $630,000* List Price | 3 | 2 | 1,665 | $346 | - |
A 2017 Sandalwood Sold 4 bd · 2 ba · 1,650 sqft · $306 · 0.1 mi | $505,000 | 4 | 2 | 1,650 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1959, the home features some recent cosmetic updates including laminate flooring and a barn door. However, the kitchen is significantly dated with older cabinetry and missing lower cabinet doors replaced by curtains. The presence of popcorn ceilings and the overall age of the property suggest that while functional and move-in ready, it requires modernization of the kitchen, bathrooms, and likely aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1665.
- Proximity to Schools
The property is conveniently located within walking distance (0.38 miles) of both Arellanes Elementary and Junior High School, making it an ideal choice for families.
- No HOA Fees
With an association fee of $0, homeowners enjoy greater financial flexibility and freedom from the restrictive regulations often found in managed communities.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1959, the residence may require capital improvements or modernization of major systems like plumbing and electrical to meet contemporary standards.
- Below-Average School Ratings
The local public schools carry lower performance ratings (3-4 range), which could be a deterrent for education-focused buyers and impact long-term resale velocity.
About 2053 Lockwood
Exceptional opportunity in Santa Maria. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Maria Unified Schools
Arellanes (Don Juan Bautista) Elementary School
Grades K-6 • 0.4 mi
4/10
Jimenez, Roberto And Dr. Francisco Elementary School
Grades K-6 • 2.9 mi
4/10
Arellanes Junior High School
Grades 7-8 • 0.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,665 | 1,817.181 |
| Lot Size | 7,405 | 7,535.591 |
| Price | $630.0K | $739.8K |
| Price per sq ft | $378 | $434 |
| Built year | 1959 | 1984 |
| HOA | $0 | $159 |
| Days on market | 16 | 53 |
Pricing History
Listed for Sale
Oct 8, 2026
$630,000
Initial Listing
Sold
Jan 14, 2016
$253,000
Public Record