1 /
12
Map
$1,150,000
●
House -
For Sale
824 E Montecito Street
SANTA BARBARA, CA 93103
2 Beds
2 Baths
$5,647
Estimated Monthly
$0
HOA / Fees
4.35%
Cap Rate
About This Property
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!
Unit Size
-
Days on Market
100 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
Listed By
Last updated: 2 months ago (SBMLSCA #90)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2024 | Listed by Village Properties, Inc. | $1,150,000 | |
| Listed by Village Properties, Inc. | |||
| Aug 9, 2023 | No longer available | - | |
| No longer available | |||
| May 16, 2023 | Listed by Village Properties, Inc. | $1,195,000 | |
| Listed by Village Properties, Inc. | |||
|
|||
|
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, which is currently leased. 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. The current rental income offers the next owner plenty of
time to plan their remodel.
The…
|
|||
| Jun 12, 2022 | No longer available | - | |
| No longer available | |||
| Feb 11, 2022 | Listed by Village Properties - 1 | $1,295,000 | |
| Listed by 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, which is currently leased for $4400/month.
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. The current rental income offers the next
owner plenty of time to plan their…
|
|||
Property Highlights
Exterior Details
Exterior Information
Wood Siding
Building Info
Overview
Building
Neighborhood
Zoning
Geography
824 E Montecito Street
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
