House For Sale In Santa Barbara,united States
US $1,150,000
Village Properties
Property features
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- 2 bedrooms
- WOOD SIDING
- LAMINATE
- RAISED
- WALL FURNACE
- LEVEL,NEAR PUBLIC TRANSIT
- COMPOSITION
1250 Coast Village Road , California , Montecito , 93108
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Property description
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!824, 824 E MONTECITO STREET, SANTA BARBARA, CA, United States
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