
Santa Maria, CA 93454
Analysis of 828 E Boone Street 12, Santa Maria, CA 93454 is currently available with a list price of $395,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Santa Maria 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 extensive renovation needed.
Built in 1978, this property is 46 years old and shows clear signs of needing substantial renovation. The main living area has had its flooring removed, exposing the subfloor. The kitchen features highly dated dark wood cabinets, worn laminate countertops, old white appliances (refrigerator, dishwasher, built-in oven/microwave), a dated electric cooktop, and an old fluorescent light fixture. All bathrooms have very dated vanities with cultured marble countertops, older fixtures, and basic fiberglass shower/tub inserts. Carpets in the bedrooms are heavily worn and stained. The overall condition, including dated light fixtures, popcorn ceilings, and the explicit listing description stating it's 'ready for renovation' and requires 'sweat equity,' indicates a need for extensive rehabilitation rather than minor updates.
The property has seen a steep $64,000 price improvement, making it a potentially attractive value proposition for buyers.
Described as having 'great bones' and 'ready for renovation,' this condo offers significant potential for a buyer to add value and customize to their taste with 'sweat equity'.
Its proximity to Allan Hancock College makes it ideal for students, faculty, or as a rental investment property.
Being a short sale, the transaction process can be complex, lengthy, and uncertain, potentially deterring some buyers.
The description explicitly states it needs 'patience, imagination, TLC, and sweat equity,' indicating significant additional investment and effort will be required post-purchase.
The monthly association fee of $438 is substantial and adds a considerable recurring cost to homeownership, which could impact affordability.
Steep 64K Price Improvement! This 3 bedroom, 3 bathroom, 1805 sqft condo is the perfect opportunity to purchase or invest near Allan Hancock College and is ready for renovation with great bones. A few of this homes amenities include pool access, large bedrooms with great size closets, a patio to relax and read a book while enjoying the Central Coast sunshine, and an attached 2 car garage. The greatest feature this home offers is the expansive primary suite with a large walk in closet, dual sinks, and separate vanity. With a little patience, imagination, TLC, and sweat equity, this diamond in the rough could be yours! Property is now a Short sale!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 64% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,850 | 1,244 | 82% |
| Lot Size | 1,307 | 1,772 | 36% |
| Price | $395.0K | $425.0K | 45% |
| Price per sq ft | $214 | $347 | 9% |
| Built year | 1978 | 1981 | 27% |
| HOA | $438 | $438 | 50% |
| Days on market | 254 | 207 | 82% |
Aug 11, 2025
$395,000
Initial Listing