MLS# 24-90 - 824 E Montecito Street, Santa Barbara, CA 93103

$1,150,000
Beds: 2
Baths: 2
Sqft: 962
Sqft lot: 5,227
Acre lot: 0.12
Est. $4,235 / mo.*
108 Days On Market

Courtesy of Village Properties - 1.

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Status: Active
Property Type: Home/estate
Year Built: 1924
Neighborhood: 15 - Lower Eastside
Days On Website: 108

Property Details for 824 E Montecito Street, Santa Barbara, CA 93103

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!

Bedrooms

  • 2 total bedrooms

Bathrooms

  • 2 total bathrooms
  • 2 full bathrooms

Building

  • Built in 1924
  • Living Area: 0
  • Construction Materials: "Wood Siding"
  • Building Area Total: 962
  • Architectural Style: "Cal Cottage", "Ranch"

Community

  • Features: "Sidewalks"

Exterior Features

  • Exterior Features: "Patio Covered", "Fenced: ALL"

Floors

  • Flooring: "Laminate"

Foundation

  • Foundation Details: "Raised"

Heating

  • Heating Included
  • Heating: "Wall Furnace"

Listing

  • Standard Status: Active
  • Property Sub Type: Home/Estate
  • Listing Id: 24-90
  • Listing Contract Date: 2024-01-10
  • 103 days on market
  • 103 cumulative days on market

Location

  • Subdivision Name: 15 - Lower Eastside
  • MLS Area Major: 15 - SB/EAST OF STATE
  • City: SANTA BARBARA
  • County Or Parish: Santa Barbara
  • State Or Province: CA
  • Postal Code: 93103

Lot

  • Square Feet: 5,227
  • Features: "Level", "Near Public Transit"
  • Area: 0.12
  • 0 acres

Parking

  • Features: "RV", "Boat"

Pets Policy

  • Pets Allowed: "Yes"

Property

  • Zoning: M-1
  • Property Condition: "Fixer", "Fair", "Poor"
  • Parcel Number: 017-042-006
  • Other Structures: "Shed(s)"

Roof

  • Roof: "Composition"

Schools

  • Elementary School: Franklin
  • Middle Or Junior School: S.B. Jr.
  • High School: S.B. Sr.

Utilities

  • Water Source: "SB Wtr"

Map View

$1,150,000 - 824 E Montecito Street, Santa Barbara, CA 93103

Street View

Directions

824 E Montecito Street
Santa Barbara, CA 93103
Subdivision Name: 15 - Lower Eastside