855.375.4001
Listing Courtesy of: Scott Williams - Berkshire Hathaway HomeServices California Properties 805-969-5026
$2,500,000 affordable loan icon Calculate Payment

Address not provided Santa Barbara, CA 93105

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Other Residence
3 Beds
3 Baths
... Bed/Bath
1,497 Sq. Ft.

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Last updated on 9/29/2024 9:22 AM
Available for the first time in over 50 years: a rare under-developed parcel adjacent to Cottage Hospital medical buildings. The property has 3 apartment units at the front, with the back half undeveloped. Recent positive housing density legislation provides a great opportunity for developers to add... to or fully redevelop the parcel. Dual access is available via a public alley. The location is prime by Cottage, Sansum Clinic and numerous medical specialists, as well as the Upper De La Vina commercial corridor. The Offering Memorandum in Documents includes a land-use report projecting up to 11 apartment units. Unique development opportunity in a highly desirable area of Santa Barbara, or also consider for standard investor/1031 exchange as income + land-bank. Walk property by appt. only. Continue reading
MLS#
24-2550
Property Type
Other
Bedrooms
3
Bathrooms
3 Full
Year Built
1942
Square Feet
1,497 sq. ft
Lot Size
0.21
Stories
1.0

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Listing Courtesy of: Scott Williams - Berkshire Hathaway HomeServices California Properties 805-969-5026
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than Xome Inc. are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers.
This content last refreshed on 9/29/2024 9:22 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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