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Listed by Ken Switzer • Berkshire Hathaway Home Services California Properties
$ 995,000
Est. payment /mo
Active
526 san pascual ST Santa Barbara, CA 93101
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-28117
Originating Board California Regional MLS
Property Sub-Type Other Residential Land
Property Description
526 San Pascual Street is a rare vacant land multi-family development opportunity in a close-in location in the City of Santa Barbara. Take advantage of the proximity to the waterfront and beaches, to lower downtown and to Santa Barbara City College, to develop hard-to-find new-construction rental units in a very high tenant demand location. The zoning is R-M (formerly R-3), and is also in a City Average Unit Density (AUD) zone. State Housing Density (SDBL) and Accessory Dwelling Unit (ADU) laws could allow additional units to be built, resulting in a potential maximum development of 9 units - 8 market-rate units plus 1 income restricted unit - with a maximum total building space of approx. 8,000 square feet, Buyer to verify both figures. See unbranded Offering Memorandum in Documents.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Zoning D2,SPKN
Exterior
Fence Chain Link
View None
Building
Water District - Public
Others
Tax ID 037143018
Special Listing Condition Not Applicable
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