Fully Approved & Shovel-Ready 5-unit Development Opportunity Unlock the potential of Santa Barbara with this rare, five-unit investment project - ready to build and designed by the acclaimed Kevin Moore Architects (KMA). The plans feature five sophisticated residences, each offering 2 bedrooms, 2.5 baths, private balconies, in-unit laundry, and individual garages with private entries. Blending timeless Santa Barbara Spanish architectural character with modern functionality, this 5,343 square-foot project is ideal for developers and 1031 exchange investors seeking a boutique, high-demand property in a prime location. Set in a walkable, bike-friendly neighborhood, the site provides easy access to Santa Barbara's vibrant downtown shops, restaurants, and amenities.

Supplements: Directly across the street from the historic Santa Barbara Junior High and its park, this location enhances both lifestyle and long-term value - making it an exceptional opportunity to build in one of California's most desirable coastal markets.