1231 East Mason Street

Santa Barbara, CA 93103

$2,599,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 1231 E Mason, an exceptional trophy investment of three turnkey cottages with shovel-ready plans for 2 additional cottages approved (850 SF ADU's). The existing three cottages have been remodeled extensively with current actual rents grossing $10,450 per month. The front cottage has 2 bedrooms, 2 bathrooms, a fenced-in front yard, a separate driveway, and parking for 6 vehicles. The tastefully updated back two cottages have mirrored floor plans with 2 bedrooms, 1 bathroom, single-car garages,...Welcome to 1231 E Mason, an exceptional trophy investment of three turnkey cottages with shovel-ready plans for 2 additional cottages approved (850 SF ADU's). The existing three cottages have been remodeled extensively with current actual rents grossing $10,450 per month. The front cottage has 2 bedrooms, 2 bathrooms, a fenced-in front yard, a separate driveway, and parking for 6 vehicles. The tastefully updated back two cottages have mirrored floor plans with 2 bedrooms, 1 bathroom, single-car garages, no shared walls, and large fenced-in private backyards. This unique investment rests on a tranquil oversized lot(.43 acres) along Sycamore Creek with a community garden in the rear. Surely not one to be missed with close access to East Beach and the 101 freeway.
  1. Listed by Austin Jones • DRE #01937583 • Big Block Realty, Inc.

Property Details for 1231 East Mason Street

Within City Limits
No
Zoning
R-2
Cross Street
Salinas
Style
Cal. Cottage
Construction
Single Story
Recurring Fees
No

Location

Listing Courtesy of Big Block Realty, Inc., Austin Jones, DRE #01937583
Add your commute
LISTING UPDATED: 03/07/2024 04:00 PM

Property Details for 1231 East Mason Street

StatusActive
MLS #23-1901
Days on Market294
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Home/Estate / Single Family
Year Built1925
Lot Size0.43 AC / 18,730 SF
CountySanta Barbara County

Location

Listing Courtesy of Big Block Realty, Inc., Austin Jones, DRE #01937583
Add your commute

Building Information for 1231 East Mason Street

Stories-Year Built1925Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

$15,785 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,184

Property Taxes

$1,601

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1231 East Mason Street

Details
Features
  • District: 15 - SB/EAST OF STATE
  • Property Type: A
  • Property Sub Type: Home/Estate
  • Floor Window Coverings: Hardwood, Tile
  • Handicap Features: Ramp, Wheelchair Access
  • Roof: Composition
Parking/Garage
  • Parking/Garage: Gar #2
Room Info
Room Info
  • Bedrooms Total: 6
  • Bathrooms Total Count: 4.0
  • Full Baths Total: 4
  • Half Baths Total: 0
Location Info
Location Info
  • Location Topo: Level
  • Tax Parcel Number: 017-102-002
  • LotLocation: Near Bus, Near Park(s), Near School(s)
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93103
Neighborhood/Schools
  • Elementary School: Franklin
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 0
  • Condition: Excellent
  • Foundation: Raised
  • Realtorcom Type: Residential: Single Family
  • Source: Other/See Remarks
  • Total # Units: 3
Utility Info
  • Water / Sewer: S.B. Wtr
Contract Info
Contract Info
  • Affordable Housing: false
  • Deposit: 3
  • List Price: $2,599,000.00
  • Terms: Cash, Ctnl
  • Status: Active

Property History for 1231 East Mason Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1231 East Mason Street

Taxable ValueLand$1,224,000Additions$586,500Total$1,810,500
Tax Record2023$19,211 ($1,601 / month)
Home Facts
Lot Size18,730 SqFtStyleDuplexCountySANTA BARBARAAPN017-102-002

Schools near 1231 East Mason Street

This home is within Santa Barbara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Franklin Elementary School
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

Adelante Charter School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1231 East Mason Street is a single family home for sale in Santa Barbara, CA 93103. This property was listed for sale on June 29, 2023 by Big Block Realty, Inc., it's currently listed at $2,599,000. It has been on the market for a total of 294 days and was last sold on October 6, 2021. This listing's school district is Santa Barbara Unified School District. Nearby schools include Franklin Elementary School, Santa Barbara Junior High School and Santa Barbara Senior High School. 1231 East Mason Street is a 6-bed, 4-bath, single family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Big Block Realty, Inc., Austin Jones, DRE #01937583

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.