819 E Boone, Santa Maria, CA 93454, Santa Maria, 93454 - 2 bed, 1 bath
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Santa Maria, CA 93454
This Value-Add Fixer-Upper is a strategic acquisition with a List Price of $420,000, positioned accurately at its $418,003 Fair Market Value. Despite a Condition Rating of 5 requiring a total rehabilitation, the asset's primary strength is its 7,405 sq ft R2-zoned lot and detached 2-car garage. The expansive lot provides a rare opportunity for an ADU addition or multi-unit expansion to drive significant long-term ROI. This project is an ideal match for Fix-and-Flip Investors or Contractors seeking a high-upside development opportunity in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 819 E Boone Subject | $420,000* List Price | 2 | 1 | 1,012 | $413 | - |
A 726 Laguna Sold | $519,000 | 3 | 1 | 1,080 | $481 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1930s property is in a state of severe neglect and requires a complete gut renovation. The interior features extremely outdated and damaged kitchen cabinetry, unhygienic bathroom conditions, and heavily soiled or missing flooring. Marketed as a fixer-upper, the home likely has obsolete electrical and plumbing systems, and the overall condition suggests it is currently uninhabitable without significant capital investment and rehabilitation.
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 = 1012.
The property is situated on a generous 7,405 sq ft R2-zoned lot, providing rare flexibility for multi-unit expansion or high-density residential development in an established neighborhood.
With a detached 2-car garage and ample open space, the lot is perfectly suited for the addition of an Accessory Dwelling Unit (ADU), offering significant potential for dual-stream rental income.
Explicitly marketed as a fixer-upper, the home will require a significant immediate capital injection for repairs and upgrades, which may complicate traditional financing options.
Built in 1930, the structure likely contains outdated electrical, plumbing, and insulation systems that may not meet current building codes, potentially leading to unforeseen costs during remodeling.
FIXER UPPER-opportunity with incredible upside potential! This 2-bedroom, 1-bath home sits on a spacious approx. 7,205 sq ft R2-zoned lot, offering excellent possibilities for expansion and additional income. Look at the surrounding properties. The property features a detached 2-car garage and ample space to add an ADU (Accessory Dwelling Unit), making it ideal for investors looking to maximize returns or create a multi-unit setup. With the right vision and improvements, this property can be transformed into a high-performing asset. Conveniently located and full of potential, this is a rare chance to invest in a property with both immediate value-add and long-term growth opportunities. Bring your vision and unlock the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,012 | 1,484 | 7% |
| Lot Size | 7,405 | 6,970 | 57% |
| Price | $420.0K | $647.0K | 4% |
| Price per sq ft | $415 | $444 | 39% |
| Built year | 1930 | 1969 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 173 | 2% |
Apr 6, 2026
$420,000
Initial Listing
Feb 17, 1995
$123,000
Public Record