824 East Montecito Street
824 East Montecito Street
$1,150,000
2
2
962
962
$1,195
Description
Opportunity knocks for this rare M-1 zoned property on the Eastside. The property also has grandfathered in residential zoning for the 2bed/2bath home. The large lot & 2 driveways allow for plenty of storage and were used for many years by a local contractor. This property provides multiple possibilities and has the potential to be rezoned to mixed-use with the city. Currently leased for $4800/month until July 31st. Owner would also like to rent back the back storage area for $1200/month. The current...Opportunity knocks for this rare M-1 zoned property on the Eastside. The property also has grandfathered in residential zoning for the 2bed/2bath home. The large lot & 2 driveways allow for plenty of storage and were used for many years by a local contractor. This property provides multiple possibilities and has the potential to be rezoned to mixed-use with the city. Currently leased for $4800/month until July 31st. Owner would also like to rent back the back storage area for $1200/month. The current rental income offers the next owner plenty of time to plan their remodel. Seller financing available at 6% with sizable down payment. Short distance to East Beach, 101 Freeway access, downtown Santa Barbara, Funk Zone, waterfront and Santa Barbara Bowl!
- Listed by David Magid • DRE #01964710 • Village Properties - 1
Property Details for 824 East Montecito Street
MLS Neighborhood
15 - Lower Eastside
Within City LimitsYes
ZoningM-1
Cross StreetMilpas
StyleCal. Cottage, Ranch
ConstructionEntry Lvl(No Stairs), Single Story
Recurring FeesNo
Location
LISTING UPDATED: 04/26/2024 12:57 AM
Property Details for 824 East Montecito Street
Status | Active |
---|---|
MLS # | 24-90 |
Days on Market | 104 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Home/Estate / Single Family |
Year Built | 1924 |
Lot Size | 0.12 AC / 5,227 SF |
County | Santa Barbara County |
Location
Building Information for 824 East Montecito Street
Stories-Year Built1924Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$6,704 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 824 East Montecito Street
Property History for 824 East Montecito Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 824 East Montecito Street
Taxable ValueLand$362,074Additions$118,751Total$480,825
Tax Record2023$5,133 ($428 / month)
Home Facts
Beds2Total Finished SqFt962 SqFtAbove Grade Finished SqFt962 SqFtLot Size5,227 SqFtStyleSingle Family ResidenceYear Built1924CountySANTA BARBARAAPN017-042-006
Schools near 824 East Montecito 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 |
---|---|---|
Washington 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.
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