
Guadalupe, CA 93434
Analysis of 261 Tognazzini, Guadalupe, CA 93434 is currently available with a list price of $200,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Guadalupe Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1924 with no evidence of renovation in over 50 years. The property is boarded up, indicating it is currently unlivable, and the listing emphasizes the large lot size and 'as-is' probate sale, suggesting the value is primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 753.
The unusually large 9,583 square foot lot offers significant versatility for the Central Coast, providing ample space for ADU development, RV parking, or substantial home expansion.
Priced at $200,000, this property represents a rare, high-value entry point into the California coastal market, making it an ideal candidate for a renovation project or rental investment.
As a probate listing sold in 'as-is' condition, the 1924 structure likely requires significant capital improvement and modernization to address nearly a century of wear.
The compact 753 square foot living area is quite restrictive by modern standards, which may limit the property's appeal to larger households or those requiring home office space.
261 Tognazzini Avenue is a small vintage 1920s cottage set on an unusually large 9,583 square foot lot in the historic farming town of Guadalupe. This property combines the charm of an older Central Coast neighborhood with the feeling of extra outdoor space that is hard to find near the coast. The home sits just a few blocks from Guadalupe's compact downtown district along Highway 1, where longtime local businesses like Romo's Market, King Falafel, La Fuente Donuts & Deli, and La Roca Bakery give the area an authentic small-town atmosphere. The neighborhood is primarily single-family homes on generous lots, with wide skies, ocean air, and a quieter pace than many California beach communities. Geographically, Guadalupe is uniquely positioned between agricultural fields, coastal dunes, and the Pacific Ocean. From Tognazzini Avenue, you are only a short drive from the Guadalupe-Nipomo Dunes and the beach access areas near Oso Flaco Lake. The location offers a blend of inland convenience and coastal climate-coastal marine air, frequesnt fog, and mild temperatures year-round. Because the property is close to downtown yet still near open land and the coast, it has a mix of walkability and rural Central Coast character. Large lots in this section of Guadalupe often provide room for gardens, outdoor entertaining, RV parking, workshops, or future expansion possibilites, depending on zoning and city regulations. This property is a probate lisiting and being sold AS IS>
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.5 | 10% |
| Square foot | 753 | 1,750.5 | 10% |
| Lot Size | 9,583 | 5,227.1 | 90% |
| Price | $200.0K | $640.0K | 10% |
| Price per sq ft | $266 | $359 | 10% |
| Built year | 1924 | 2017 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 179 | 10% |
May 15, 2026
$200,000
Initial Listing