227 Campodonico, Guadalupe, CA 93434, Guadalupe, 93434 - 3 bed, 2 bath
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Guadalupe, CA 93434
This Value-Add Probate Asset is listed at $459,900, offering a stable acquisition price aligned with its $460,131 Fair Market Value. Currently holding a Condition Rating of 5 due to significant deferred maintenance, the residence requires a comprehensive renovation, providing a clear path for forced appreciation. The standout feature is the 7,841 sq ft lot with alley access, which supports the development of ADUs for increased rental yield or multi-generational living. Positioned in a high-demand coastal region, this property is an ideal strategic play for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 227 Campodonico Subject | $459,900* List Price | 3 | 2 | 1,140 | $404 | - |
A 4806 Pagaling Pending | $539,000 List Price | 3 | 1 | 1,053 | $512 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 (63 years old) with no evidence of renovation, the property exhibits significant deferred maintenance including broken windows, peeling paint, and overgrown grounds. The listing describes it as a probate sale needing repairs and a 'value add play,' indicating a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1140.
The oversized 7,841 sq ft lot features rare alley access, providing a prime opportunity to construct one or two ADUs for multi-generational living or additional rental income streams.
Priced competitively for the Central Coast at $459,900, this probate sale offers a substantial value-add play for investors looking to build equity through renovation and modernization.
The property is sold strictly in 'as-is' condition and requires significant repairs, which may necessitate cash offers or specialized renovation financing.
As a probate sale subject to court confirmation, the transaction involves additional legal hurdles and a potentially longer closing timeline compared to standard residential sales.
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
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,140 | 1,753.5 | 25% |
| Lot Size | 7,841 | 5,227.1 | 88% |
| Price | $459.9K | $640.0K | 13% |
| Price per sq ft | $403 | $379 | 50% |
| Built year | 1961 | 2017 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 156 | 13% |
Apr 16, 2026
$459,900
Initial Listing