CA > Santa Barbara
Santa Barbara, CA 93101,526 san pascual
Santa Barbara, CA 93101,526 san pascual
Santa Barbara, CA 93101,526 san pascual
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$995,000
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6,969 Sqft Lot
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526 san pascual Santa Barbara, CA 93101

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Barbara Truglio

Barbara Truglio

+1(760) 809-6548

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-28117

HOA Y/N No

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Lots/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.
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 Santa Barbara (93101)

Building

Lot Description Curbs, Sidewalks

Others

Acceptable Financing Cash

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Ken Switzer • Berkshire Hathaway Home Services California Properties

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agent

Barbara Truglio

Agent | License ID: 01907988

+1(760) 809-6548

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