Rare owner-user or development opportunity in the heart of downtown! The property is currently fully occupied on short-term leases, providing immediate rental income with potential for both owner-users or savvy investors or developers. The property recently received entitlements to construct a new three-story mixed-use development comprised of: three 2BD units with an average unit size of 948 SF; a 2BD Accessory Dwelling Unit (ADU) at 850 SF; and a 309 SF commercial office. This thoughtfully designed development maximizes the property's potential and capitalizes on the growing demand for mixed-use urban spaces.
24-1045
Other
Santa Barbara
0.06
Acres
1,912
Sq. Ft.
Exterior / Lot Features
- Zoning
- Other
Financial Considerations
029-211-015
Arrows indicate 90 day trend
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