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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
Property Type(s):
Single Family
| Last Updated | 4/18/2026 | Tract | Guadalupe/Casmalia(850) |
|---|---|---|---|
| Year Built | 1961 | Community | GUAD - Guadalupe |
| Garage Spaces | 1.0 | County | Santa Barbara |
Additional Details
| AIR | None |
|---|---|
| AREA | GUAD - Guadalupe |
| CONSTRUCTION | Stucco |
| GARAGE | Attached Garage, Yes |
| INTERIOR | Master Downstairs |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 7841 |
| PARKING | Attached, Garage |
| POOL DESCRIPTION | None |
| SEWER | Private Sewer |
| STORIES | 1 |
| SUBDIVISION | Guadalupe/Casmalia(850) |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Century 21 Masters-SM
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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