This approximately 1.3 acre property located in Central Santa Barbara County benefits from favorable zoning for either rental or for-sale housing development, allowing for 15 residential units before applying the increased State Bonus density referred to in the available land use summary. The existing four residential structures accommodate ( 4,400 SF residence; 1,370 SF residence and 818 SF 3-car garage). The existing residential units with one unit being vacant due to some needed repairs. Existing income provides carry during entitlements. Property is not only a candidate for the State Bonus density program but a potential up-zone with SB County. Property is being sold without any entitlements in its existing condition. Please do not disturb the existing tenants.
24-28
Other
Santa Barbara
School Information
El Camino
Gol Valley
San Marcos
Exterior / Lot Features
- Zoning
- DR
- Additional Exterior/Lot Features
- Near Public Transit.
Financial Considerations
065-472-001
Arrows indicate 90 day trend
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