Active
824 E Montecito Street
SANTA BARBARA CA, 93103
$1,150,000
$1,195.43 per sqft
Active
2 Beds
2 Baths
962 sqft
Residential
Built in 1924
Courtesy of David Magid, Village Properties - 1
Opportunity knocks for this rare M-1 zoned property on the Eastside. The property also has grandfathered in residential zoning for the 2bed/2bath home. The large lot & 2 driveways allow for plenty of storage and were used for many years by a local contractor. This property provides multiple possibilities and has the potential to be rezoned to mixed-use with the city. Currently leased for $4800/month until July 31st. Owner would also like to rent back the back storage area for $1200/month. The current rental income offers the next owner plenty of time to plan their remodel. Seller financing available at 6% with sizable down payment. Short distance to East Beach, 101 Freeway access, downtown Santa Barbara, Funk Zone, waterfront and Santa Barbara Bowl!
24-90
MLSⓇ ID
January 10, 2024
Listed
May 9, 2024
Updated
Map
824 E Montecito Street
SANTA BARBARA CA, 93103
Interior Features
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Floor Description
Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Patio Covered, Fenced: ALL
Lot Features
Level, Near Public Transit
Architectual Style
Cal Cottage, Ranch
Roof
Composition
School Information
High School
S.B. Sr.
Elementary School
Franklin
Other Property Details
Area Name
15 - SB/EAST OF STATE
Days on Market
102
Garage
No
Parking
RV, Boat
View
No
County
Santa Barbara
Water Source
SB Wtr
Pool
No
Zoning
M-1
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Active | — |
4/20/2024 | Pending | — |
Listed by Village Properties - 1, David Magid,
Listing Contact: [email protected]
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Data last updated 11:00 AM UTC, 5/9/2024
