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
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- Refrigerator
- Dishwasher
- Disposal
- Gas Stove
- Laundry Features: Gas Hookup, In Unit
Heating and Cooling
- Heating Features: Floor Furnace, Wall Furnace
- Heating: Yes
Interior Features
- Flooring: Laminate, Carpet
- Window Features: Blinds
Exterior and Lot Features
- Patio Open
- Lawn
- Fruit Trees
- Patio: Yes
Land Info
- Level
- Near Public Transit
- Landscaping: Patio Open, Lawn, Fruit Trees
- Lot Size Acres: 0.21
- Lot Size Square Feet: 9148
Garage and Parking
- Garage Spaces: 3
- Open Parking Spaces: 2
- Open Parking: Yes
- Parking Features: Gar #3, Unc #2
Home Features
Multi-Unit Info
- Number of Buildings: 3
- Number of Units: 3
School Information
- Elementary School: Peabody
- High School: S.B. Sr.
- Middle School: S.B. Jr.
Homeowners Association
- Calculated Total Monthly Association Fees: 0
- Pets Allowed: Yes
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Other Property Info
- Source Listing Status: Active
- County: Santa Barbara
- Directions: From Bath Street near Cottage Hospital turn right on Quinto. Property is on your right. From De La Vina turn right on Quinto. Property is on your Left.
- Source Property Type: Residential
- Area: 20 - SB/WEST OF STATE
- Property Subtype: condo
- MLS Area Minor: 20 - SB/WEST OF STATE
- Source Neighborhood: 15 or 20 - Downtown
- Subdivision: 15 or 20 - Downtown
- Zoning: R-3
- Property Subtype: Home/Estate
Building and Construction
- Total Square Feet Living: 1497
- Year Built: 1942
- Building Area Total: 1497
- Building Exterior Type: Wood Siding
- Construction Materials: Wood Siding
- Foundation Details: Raised
- Levels: Single Story
- Property Age: 82
- Property Condition: Excellent, Good
- Roof: Composition
- Levels or Stories: Single Story
- Architectural Style: Apt Style
Utilities
- Sewer: Sewer Hookup
- Water Source: SB Wtr
