Presented by: Berkshire Hathaway HomeServicesPowered by Highrises
For Sale

$2,395,000

$105k

Santa Barbara, CA 93105

  • 3Beds
  • 3Baths
  • 1497SqFt
  • 3Beds
  • 3Baths
  • 1497SqFt
  • Property Type
    Condo
  • Year Built
    1942
  • Price per Sqft
    $1600
  • On highrises
    225 Days
  • Garage
    3 Cars
  • Pet Policy

Property Details

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.

Property Features

Bedrooms

  • Bedrooms: 3
Call: 1 855 961 0679

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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 Teacup Real Estate Media and 
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  • Presented by:
  • Scott S Williams
  • state license#00628741

Discover More

Learn more about N/A

Call: 1 855 961 0679

Or fill out the contact form

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 Teacup Real Estate Media and 
 about your inquiry and other home-related matters, but not as a condition of any purchase.