This amazing property represents one of the last unrealized development opportunities in Santa Barbara this close to the ocean. Located in the prized West Beach neighborhood, the ''Gateway to the City,'' just beyond the Moxi Museum and Hotel Californian, this 15,000 SF parcel is perfectly situated for a boutique hotel, hostel or possible vacation rental. Overlooking the creek and with ocean view potential, this property has extremely attractive characteristics from a hospitality standpoint. The building was previously used as a youth hostel for travelling tourists and surfers and was temporarily shut down due to the Mission Creek restoration project in 2013. At the time it was operating the hostel had 47 beds.