Santa Barbara CA 93105 (Off Market)

For Sale, USD 2,395,000


, Santa Barbara CA 93105,

Property Type : Single Family Home

Property Style : N/A

Build Size : 1,497 ft² / 139 m²

Land Size : N/A

Bedroom : 3

Bathroom : 3

Half Bathroom : 0

MLS#: N/A


Property Description

Available for the first time in over 50 years: a rare under-developed parcel adjacent to Cottage Hospital medical buildings. The property has 3 apartment units at the front, with the back half undeveloped. Recent positive housing density legislation provides a great opportunity for developers to add to or fully redevelop the parcel. Dual access is available via a public alley. The location is prime by Cottage, Sansum Clinic and numerous medical specialists, as well as the Upper De La Vina commercial corridor. The Offering Memorandum in Documents includes a land-use report projecting up to 11 apartment units. Unique development opportunity in a highly desirable area of Santa Barbara, or also consider for standard investor/1031 exchange as income + land-bank. Walk property by appt. only.
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Santa Barbara CA 93105, United States,California,Santa Barbara is a 1,497ft² Santa Barbara luxury Single Family Home listed for sale USD 2,395,000. This high end Santa Barbara Single Family Home is comprised of 3 bedrooms and 3 baths. Find more luxury properties in Santa Barbara or search for luxury properties for sale in Santa Barbara.