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Description Open House Details Location Market Trends Schools Recent Sales
$1,150,000 Est. $4,090 / mo.*

824 E Montecito Street Santa Barbara , CA 93103

Courtesy of Village Properties - 1.

Description

2 Beds
2 Baths
962 Sqft
5,227 Sqft lot
0.12 Acre lot
Status: Active
Property Type: Home/estate
Year Built: 1924
Neighborhood: 15 - Lower Eastside
Days on Website: 108
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!

Open House

Property Details and Features

Bathrooms
2 total bathrooms
2 full bathrooms
Bedrooms
2 total bedrooms
Building
Built in 1924
Living Area:
0
Construction Materials:
"Wood Siding"
Building Area Total:
962
Architectural Style:
"Cal Cottage", "Ranch"
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Contact an Agent

Tim Dahl

805 886 2211

Location

$1,150,000 -
824 E Montecito Street Santa Barbara , CA 93103
Subdivision Name: 15 - Lower Eastside

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