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824 E Montecito Street

Santa Barbara, CA 93103
  • $1,150,000
  • STATUS: Closed
  • ON SITE: 191 Days
  • MLS #: 24-90
Sold - 06/28/2024
$1,150,000
SOLD - 06/28/2024
  • 2
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1924
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Village Properties - 1.

Description

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!

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© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-07-20T19:47:11.953. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-07-20T19:47:11.953.
www.karinamatic.com/homes/146538363
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824 E Montecito Street Santa Barbara, CA 93103

  • Price: $1,150,000
  • Status: Closed
  • On Site: 191 Days
  • Updated: 91 min ago
  • MLS #: 24-90
2
Beds
2
Baths
0
½ Baths
0.12
Acres
1924
Built
Neighborhood:
15 - Lower Eastside
County:
Santa Barbara
Area:
SB/East of State
Elementary School:
Franklin
Middle School:
S.B. Jr.
High School:
S.B. Sr.
Property Description
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!
Exterior Features

Architectural Style Cal CottageRanch Attached Garage YN No Construction Materials Wood Siding Exterior Features Patio CoveredFenced: ALL Foundation Details Raised Parking Features RVBoat Roof Composition

Interior Features

Dining Bkfast Area Yes Flooring Laminate Heating Wall Furnace

Property Features

ADU No Community Features Sidewalks Construction Single Story Yes Entry Levl No Stairs Yes Level Lot Yes Levels Entry Lvl(No Stairs)Single Story Lot Features LevelNear Public Transit Other Structures Shed(s) Pets Allowed Yes Property Condition FixerFairPoor Property Sub Type Home/Estate Proximity Near Ocean Yes Terms Cash Yes Water Source SB Wtr Within City Limits Yes Zoning M-1

Listing information © 2024 Santa Barbara MLS
Listing provided courtesy of Village Properties - 1: (805) 681-8800.



© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-07-20T19:47:11.953. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-07-20T19:47:11.953.
 
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Berkshire Hathaway HomeServices California Properties
3868 State St.
Santa Barbara CA, 93105
Listing provided courtesy of Village Properties - 1.