Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
Oceanfront development opportunity at low price point in the Isla Vista student community serving UC Santa Barbara. Consider either a standard density project with current zoning, or possible high density under SB330 with eligibility pre-approval of up to 15 units. SB330 may also allow construction within the front setback, to improve the lifetime of the property by increasing distance to the blufftop. Under SB330, a future project entitlement may be protected with a more streamlined approval process and limited review discretion. Call for details about status, timeline, and flexibility for Buyer to design the layout and unit mix. The SB330 window is now closed, making this opportunity rare for the local area. Seller financing considered at 50 percent loan-to-value for up to 2 years.
Isla Vista is located in California. Isla Vista, California has a population of 15,732. Isla Vista is more family-centric than the surrounding county with 32.4% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Isla Vista, California is $22,386. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Isla Vista is 21.1 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 18.1 inches per year, with 0 inches of snow per year.
