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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

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.

More Information MLS# 24-28

Location Info

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

Contract Info

Buyers Agent $/%: 2.5 Current Price: $3,070,000 Price: 3680000 Begin Date: 2024-01-04 Status: Closed

Property Information

Apx # Acres: 1.3 TYP: Unimproved Land

Neighborhood/Schools

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

Owner Info

Deposit: 110400

Remarks

Hot Sheet Comment: new

Proximity

Near Bus: 1 Near School(s): 1 Near Shopping: 1

Zoning

DR: 1

Terms

Cash: 1 Conventional: 1

Listing Type

EA: 1

Pub Listing Details

Agt Related Prncpl: 1

Status Information

Sold Date: 2024-07-08 Sold Price: $3,070,000 Under Contract Date: 2024-01-12

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.
IDX
Last Updated: September - 16 - 2024
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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