Property · 2 recorded sales since 2015
Listing Agent: Christos Celmayster (DRE #01342996) · Listing Office: Hayes Commerical Corp · Contact: (805) 563-2111 · Bought with: Non Member · Non Member Office · MLS #V0-215010767 · Source: CRMLS
This property is a 21,890 SF parcel located on the West Side of Santa Barbara close to Highway 101, shopping, the beach, downtown Santa Barbara and City College. The property is currently improved with three units that are all rented month-to-month grossing a total of $4,400 per month. Rents are significantly below market. The property also is located in a medium-high density zoning overlay which could allow for the property to be improved with up to 5 condominiums or up to 8 apartment units averaging 1,360 SF. See attached development assessment report for more details.
Listing description from the August 2015 sale, as reported to CRMLS.