$1,398,000 Price Analysis   ♡   Santa Barbara, CA 93103 Unknown bed 0 bath unknown SqFt ($0/SqFt) Built 1910 Listed 2024-06-11, Taxes $793 | Ⓧ USDA Ineligible due to price & location near Santa Barbara |
Unlock the potential of Santa Barbara with this prime opportunity to develop a 5-unit investment property.
Building entitlement was recently approved by the Santa Barbara Architctural Board of Review (ABR), for this sophisticated five-unit structure. Each unit boasts 2 bedrooms, 2.5 baths, a extra room, balconies, private laundry, garage and entry. Crafted by the renowned local architect Kevin Moore Architects (KMA), the design exudes t he timeless charm of traditional Santa Barbara architecture.
Perfect for investors and developers alike, this property spans 5, 343 gross square feet and is located in a neighborhood that is accessible for walking and biking. Perfect for a 1031 exchange. With its central location, residents will enjoy easy access to an array of shops and restaurants. Across the street is the breathtaking Historic Landmark, Santa Barbara Junior High and neighborhood park, enhancing the allure of this exceptional development opportunity.
Presented by Caleb Overton at
Keller Williams Realty Santa Barbara.
Property MLS #24-1917 from SantaBarbara
Calculated Total Monthly Association Fees: 0
High School: S.B. Sr.
Middle School: S.B. Jr.
Map directions Map directions Map directions Map directionsCounty: Santa Barbara
Source Property Type: Res Inc
Area: 15 - SB/EAST OF STATE
MLS Area Minor: 15 - SB/EAST OF STATE
Source Neighborhood: 15 - Lower Eastside
Parcel Number: 031-231-009
Subdivision: 15 - Lower Eastside
Zoning: C-2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $20,996 + $46,175 $67,171 | $793 |
| 2021 | $20,585 + $45,270 $65,855 | $771 |
| 2020 | $20,374 + $44,806 $65,180 | $688 |
| 2019 | $19,975 + $43,928 $63,903 | $674 |
| 2018 | $19,584 + $43,067 $62,651 | $663 |
| 2017 | $19,200 + $42,223 $61,423 | $639 |
| 2016 | $18,824 + $41,396 $60,220 | $712 |
| 2015 | $18,542 + $40,775 $59,317 | $703 |
| 2014 | $18,179 + $39,977 $58,156 | $692 |
| 2013 | $18,097 + $39,797 $57,894 | $689 |
| 2012 | $17,743 + $39,017 $56,760 | $631 |
| 2010 | $17,396 + $38,252 $55,648 | $609 |
| 2009 | $17,308 + $38,058 $55,366 | $610 |
| 2009 | $17,266 + $37,967 $55,233 | $610 |
| 2008 | $16,969 + $37,312 $54,281 | $524 |
| 2007 | $16,637 + $36,581 $53,218 | $528 |
$1,398,000
SantaBarbara
Sold 2022-06-01
$775,000
SantaBarbara
Property Age: 114
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.