
Santa Maria, CA 93458
This property presents a High-Potential Investment Opportunity with a List Price of $550,000, positioned at its $550,000 Fair Market Value. While currently requiring a full refresh, the home features a functional single-level layout and a generous corner lot near Adam Park. With a Condition Rating of 5, the property is primed for a strategic renovation to address cosmetic obsolescence. This asset offers significant upside for those capable of executing a value-add plan, making it an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 606 W Albert Street Subject | $550,000* List Price | 3 | 2 | 1,376 | $400 | - |
A 1343 S Thornburg Pending | $620,000 List Price | 3 | 1 | 1,398 | $443 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 and marketed as a 'fixer-upper,' the property shows significant signs of age with original popcorn ceilings, stained carpeting, and a dated kitchen with old cabinetry and laminate. The listing explicitly states an 'as-is' condition and the need for a refresh in both bathrooms, indicating a requirement for a full rehab to address cosmetic and likely systemic obsolescence.
Situated on a generous corner lot just a 3-minute walk from Adam Park and William Laird Adam Elementary, offering excellent accessibility and long-term appeal for families.
Priced to reflect its as-is condition, this property serves as an ideal fixer-upper for investors or buyers looking to build immediate sweat equity through cosmetic updates and modernization.
The home features a well-proportioned 3-bedroom floor plan with a classic brick fireplace, an attached 2-car garage, and seamless indoor-outdoor flow to a covered patio.
The property is being sold in as-is condition with bathrooms and outdoor spaces requiring a full refresh, necessitating significant additional upfront capital investment.
With 118 days on the market, the property may face perception challenges regarding its pricing strategy relative to the required repairs and current market demand.
Opportunity knocks on this 3-bedroom, 2-bath single-story corner-lot home in an established Santa Maria neighborhood, just a short 3-minute walk to Adam Park and William Laird Adam Elementary School. A great value-add prospect for investors or a rewarding fixer-upper for buyers ready to build sweat equity. The home offers a functional, single-level layout with an attached 2-car garage and a wide driveway on a generous corner lot. Inside, the living room is anchored by a classic brick, wood-burning fireplace and opens via sliding glass doors to a covered patio, creating easy indoor-outdoor flow. The eat-in kitchen includes a gas range, dishwasher, and a pass-through counter to the dining area, which is filled with natural light. The primary suite includes a private vanity area and a walk-in closet, while the secondary bedrooms offer comfortable proportions throughout. Both bathrooms are ready for a refresh, presenting an easy opportunity to add immediate value through cosmetic updates. The expansive, fenced backyard is a blank slate with plenty of room to landscape, add a garden, or create additional outdoor living space. With good bones, a desirable corner-lot location near parks and schools, and obvious upside through updating, this property is priced to reflect its as-is condition and represents a strong opportunity to build equity, whether you're adding to your rental portfolio or creating your dream home from the ground up.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,376 | - |
| Lot Size | 6,534 | - |
| Price | $550.0K | $701.6K |
| Price per sq ft | $400 | $430 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 124 | 51 |
Mar 20, 2026
$550,000
Initial Listing