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1320 Olive Street, SANTA BARBARA, CA 93101

$929,000
Property Type: Res Inc Lot Size (sq. ft.): 8,050 Status: Closed
Current Price: $929,000 List Date: 6/07/2014 Last Modified: 4/19/2019

Description

Development Potential – R-3 lot with City Zoning stating it can have 4 units!! Buyer to verify. Currently, this 1922 Craftsman offers two units on a large lot located in the heart of Downtown Santa Barbara. The first unit is a remodeled 2 bedroom 1.5 bath & the second unit is a 2 bedroom 1 bath. There is a separate laundry located at the back of the property. Off street parking can be accessed via

Supplements: a private lane. The property offers great development potential in a highly sought after location. The adjacent property right next door - 1324 Olive, has been developed and sold on November 1, 2013, for $1,675,000.

More Information MLS# 14-1640

Location Info

District: 15 - SB/EAST OF STATE Street #: 1320 Street Name: Olive Street Suffix: Street State/Province: CA Postal Code: 93101 Compass Map: Santa Barbara Map Grid: O11 County: Santa Barbara Parcel Number: 029-091-034 Cross Street: Victoria

Contract Info

Current Price: $929,000 Price: 929000 Buyers Agent $/%: 2.5 Begin Date: 2014-05-21 Status: Closed

Status Information

Sold Date: 2014-08-29 Sold Price: $929,000 Under Contract Date: 2014-08-05

Property Information

Number of Units: 2 Year Built: 1922 Apx Lot SqFt: 8050

Neighborhood/Schools

Neighborhood: Other Elementary School: Roosevelt Junior High School: S.B. Jr. High School: S.B. Sr.

Remarks

Hot Sheet Comment: price

Owner Info

Deposit: 3

Unit 1

# Units: 1 # Bedrooms: 2 # Baths: 1 # Half Baths: 1 Furnished: Y Rent: 2700 Monthly Total: 2700

Unit 2

# Units: 1 # Bedrooms: 2 # Baths: 1 Furnished: Y Rent: 1600 Monthly Total: 1600

Property Features

Condition: Excellent; Good Foundation: Slab Parking Info: Garages; Mixed; Unc #3 Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Bldg Flr/Wdw Coverings: Hardwood Heating/Cooling: GFA Zoning: R-2; R-3 Terms: Cash; Ctnl Listing Type: ER
Listing Office: Keller Williams Realty Santa Barbara
Last Updated: April - 19 - 2019
1320 Olive Street, SANTA BARBARA, CA 93101- MLS# 14-1640
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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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