105 San Angelo, SANTA BARBARA, CA 93111 (MLS# 24-28)

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105 San Angelo, SANTA BARBARA, CA 93111

$3,070,000

Property Type: Land Lot Size (sq. ft.): 56,628 Status: Closed

Current Price: $3,070,000 List Date: 1/04/2024 Last Modified: 9/16/2024

Overview

Description

This approximately 1.3 acre property located in Central Santa Barbara County benefits from favorable zoning for either rental or for-sale housing development, allowing for 15 residential units before applying the increased State Bonus density referred to in the available land use summary. The existing four residential structures accommodate (±4,400 SF residence; ±1,370 SF residence and ±818 SF 3-car garage). The existing residential units with one unit being vacant due to some needed repairs. Existing income provides carry during entitlements. Property is not only a candidate for the State Bonus density program but a potential up-zone with SB County. Property is being sold without any entitlements in its existing condition. Please do not disturb the existing tenants.

Listing Details MLS# 24-28

Location Info

District: 30 - SB/GOL SOUTH
Street #: 105
Street Name: San Angelo
State: CA
Country: US
Postal Code: 93111
Compass Map: Santa Barbara
Map Grid: J11
County: Santa Barbara
Parcel Number: 065-472-001
Cross Street: San Simeon Dr

Contract Info

Price: 3680000
Buyers Agent $/%: 2.5
Begin Date: 2024-01-04

Status Information

Sold Date: 2024-07-08
Under Contract Date: 2024-01-12

Property Information

TYP: Unimproved Land
Apx # Acres: 1.3

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 110400

More Information

Neighborhood/Schools

Elementary School: El Camino
Junior High School: Gol Valley
High School: San Marcos

Proximity

Near Bus: Yes
Near School(s): Yes
Near Shopping: Yes

Zoning

DR: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

EA: Yes

Pub Listing Details

Agt Related Prncpl: Yes

Property Features

Proximity: Near Bus; Near School(s); Near Shopping Zoning: DR Terms: Cash; Conventional Listing Type: EA Pub Listing Details: Agt Related Prncpl

Listing Office: Radius Group Commercial R.E.

Last Updated: September - 16 - 2024

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