824 E Montecito Street, SANTA BARBARA, CA 93103
$1,150,000
Property Type:
Res
Bedrooms:
2
Baths:
2
Square Footage:
962
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$1,150,000
List Date:
4/26/2024
Last Modified:
9/14/2024
Description
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!
More Information MLS# 24-90
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P12
Cross Street: Milpas
District: 15 - SB/EAST OF STATE
Street #: 824
Dir: E
Street Name: Montecito
Street Suffix: Street
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 017-042-006
Contract Info
Buyers Agent $/%: 2.5
Affordable Housing: No
Current Price: $1,150,000
Price: 1150000
Begin Date: 2024-01-10
Status: Closed
Property Information
Year Built: 1924
Apx # Acres: 0.12
Total # Units: 1
Source: Public Records
Recurring Fees: No
ADU: No
Within City Limits: Yes
TYP: Home/Estate
Total Bedrooms: 2
Total Bathrooms: 2
Total Full Baths: 2
Total SqFt.: 962
Neighborhood/Schools
Elementary School: Franklin
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Geo Lat: 34.423968
Geo Lon: -119.682907
Condition
Fair: 1
Poor: 1
Fixer: 1
Style
Cal. Cottage: 1
Ranch: 1
Construction
Entry Lvl(No Stairs): 1
Single Story: 1
Roof
Composition: 1
Foundation
Raised: 1
Exterior
Wood Siding: 1
Parking/Garage
RV Access/Parking: 1
Boat: 1
Other Buildings
Shed: 1
Patio and Porch Features
Patio Open: 1
Covered: 1
Location/Topo
Level: 1
Fencing
Fenced: ALL: 1
Site Improvements
Public: 1
Private: 1
Sidewalks: 1
Proximity
Near Bus: 1
Near Hospital: 1
Near Ocean: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Restaurants: 1
Dining
Breakfast Area: 1
Water/Sewer
S.B. Wtr: 1
Pets
Yes: 1
Zoning
M-1: 1
Terms
Cash: 1
Conventional: 1
Heating
Wall Furnace: 1
Flr/Wdw Coverings
Laminate: 1
Pub Listing Details
Agt Related Prncpl: 1
Status Information
Sold Date: 2024-06-28
Sold Price: $1,150,000
Under Contract Date: 2024-05-22
NeighborhoodSchools
Neighborhood: 15 - Lower Eastside
Property Features
Condition: Fair; Poor; Fixer
Style: Cal. Cottage; Ranch
Construction: Entry Lvl(No Stairs); Single Story
Roof: Composition
Foundation: Raised
Exterior: Wood Siding
Fencing: Fenced: ALL
Patio and Porch Features: Covered; Patio Open
Other Buildings: Shed
Site Improvements: Public; Private; Sidewalks
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping; Restaurants
Dining: Breakfast Area
Heating: Wall Furnace
Pets: Yes
Zoning: M-1
Terms: Cash; Conventional
Pub Listing Details: Agt Related Prncpl
Listing Office:
Village Properties - 1
Last Updated: September - 14 - 2024
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