824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
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824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
824 E Montecito Street
For Sale

824 E Montecito Street

824 E Montecito Street, SANTA BARBARA, CA 93103

$1,150,000
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!

2
beds

2
baths

962 Sq.Ft. LIVING AREA

5,227.2 Sq.Ft. lot

David Magid

David Magid

Features & Amenities

Interior

  • total bedrooms2
  • Total bathrooms2
  • full bathrooms2
  • Flooring Laminate

Area & Lot

  • Status For Sale
  • Living Area962 Sq.Ft.
  • Lot Area5,227.2 Sq.Ft.
  • MLS® ID24-90
  • TypeResidential
  • YEAR BUILT1924
  • Architecture StylesCal Cottage, Ranch
  • Elementary SchoolFranklin
  • Middle SchoolS.B. Jr.
  • High SchoolS.B. Sr.

Exterior

  • water SourceSB Wtr
  • roofComposition
  • lot featuresLevel, Near Public Transit
  • parkingRV, Boat
  • HEAT TYPEWall Furnace
  • SubstructureRaised
  • other exterior FeaturesPatio Covered, Fenced: ALL

Financial

  • Sales Price$1,150,000
  • Zoning M-1
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 824 E Montecito Street, SANTA BARBARA, CA 93103. We are reviewing your request and will be in touch shortly!
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We’ve been representing buyers and sellers in Santa Barbara County for over twenty years and we’re the top-producing independently owned real estate company in the area. Our devoted team of agents offers individualized attention, personalized service, and tailor-made marketing.

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(805) 451-0402

1436 State St, Santa Barbara, CA 93101
DRE# 01964710