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!
Closed
Zillow last checked:
Listing updated:
Bought with:
Tania Martinez-Gil, 01299477
Keller Williams Realty Santa Barbara
Source: SBMLS,MLS#: 24-90
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2024 | Sold | $1,150,000$1,195/sqft |
Source:  SBMLS #24-90 Report a problem | ||
| 5/22/2024 | Pending sale | $1,150,000$1,195/sqft |
Source: SBMLS #24-90 Report a problem | ||
| 4/26/2024 | Listed for sale | $1,150,000$1,195/sqft |
Source: SBMLS #24-90 Report a problem | ||
| 4/20/2024 | Pending sale | $1,150,000$1,195/sqft |
Source: SBMLS #24-90 Report a problem | ||
| 1/10/2024 | Listed for sale | $1,150,000-3.8%$1,195/sqft |
Source: SBMLS #24-90 Report a problem | ||
| 8/8/2023 | Listing removed | -- |
Source: SBMLS #23-1333 Report a problem | ||
| 5/15/2023 | Listed for sale | $1,195,000-7.7%$1,242/sqft |
Source: SBMLS #23-1333 Report a problem | ||
| 6/11/2022 | Listing removed | -- |
Source: SBMLS #22-386 Report a problem | ||
| 2/10/2022 | Listed for sale | $1,295,000+32.8%$1,346/sqft |
Source: SBMLS #22-386 Report a problem | ||
| 6/25/2021 | Listing removed | -- |
Source: SBMLS #21-2226 Report a problem | ||
| 6/17/2021 | Listed for sale | $975,000$1,014/sqft |
Source: SBMLS #21-2226 Report a problem | ||
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