233 W Quinto Street, Santa Barbara, CA 93105

$2,395,000
1,497
SqFt
List Price
$2,395,000
Status
ACTIVE
MLS#
24-2531
Price Change
▼ $105,000 1727744705
Living Area
1,497
Lot Size
9,148
Region
SB/WEST OF STATE
Year Built
1942

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.

Additional Information

Elementary School
Peabody
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.21
Condition
Good
Foundation
Slab, Mixed, Raised
Laundry
In Unit, None
Living Area
1,497
Lot Size
9,148
Neighborhood
or 20 - Downtown
Parking Garage
Garages, Detached, Other
Pets
Yes
Region
SB/WEST OF STATE
Stories
1
Total Monthly Income
$5,695
Units
3
Zoning
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices California Properties.