PENDING
Local Information
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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 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!
Home Highlights
Parking
No Info
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
105 days ago
Home Details for 824 E Montecito St
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Heating & Cooling Heating: Wall FurnaceHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Laminate |
Levels, Entrance, & Accessibility Levels: Entry Lvl(No Stairs), Single StoryFloors: Laminate |
View No View |
Exterior Features |
|---|
Exterior Home Features Roof: CompositionPatio / Porch: Patio CoveredFencing: FencedOther Structures: Shed(s)Foundation: Raised |
Parking & Garage No GarageNo Attached GarageParking: Boat |
Days on Market |
|---|
Days on Market: 105 |
Property Information |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Wood Siding |
Property Information Condition: Fixer, Fair, PoorParcel Number: 017042006 |
Price & Status |
|---|
Price List Price: $1,150,000 |
Status Change & Dates Off Market Date: Thu Apr 18 2024 |
Active Status |
|---|
MLS Status: Pending |
Location |
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Direction & Address City: SANTA BARBARACommunity: 15 - Lower Eastside |
School Information Elementary School: FranklinJr High / Middle School: S.B. Jr.High School: S.B. Sr. |
Agent Information |
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Listing Agent Listing ID: 24-90 |
Building |
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Building Area Building Area: 962 Square Feet |
Community |
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Community Features: Sidewalks |
HOA |
|---|
No HOA |
Lot Information |
|---|
Lot Area: 5227.2 sqft |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 24-90 |
Additional Information |
|---|
Sidewalks |
Last check for updates: about 18 hours ago
Listing courtesy of David Magid 01964710, (805) 451-0402
Village Properties - 1
Source: SBMLS, MLS#24-90
Price History for 824 E Montecito St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/20/2024 | $1,150,000 | Pending | SBMLS #24-90 |
| 01/10/2024 | $1,150,000 | Listed For Sale | SBMLS #24-90 |
| 08/08/2023 | ListingRemoved | SBMLS #23-1333 | |
| 05/15/2023 | $1,195,000 | Listed For Sale | SBMLS #23-1333 |
| 06/11/2022 | ListingRemoved | SBMLS #22-386 | |
| 02/10/2022 | $1,295,000 | Listed For Sale | SBMLS #22-386 |
| 06/25/2021 | ListingRemoved | SBMLS #21-2226 | |
| 06/17/2021 | $975,000 | Listed For Sale | SBMLS #21-2226 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $5,133 |
| Assessment | $480,825 |
Home facts updated by county records
Comparable Sales for 824 E Montecito St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $1,285,000 | 05/26/23 | 3 | 2 | - | |
0.30 | Single-Family Home | $1,360,000 | 08/30/23 | 3 | 2 | - | |
0.31 | Single-Family Home | $1,299,000 | 05/16/23 | 3 | 2 | - | |
0.27 | Single-Family Home | $1,242,000 | 05/31/23 | 4 | 2 | - | |
0.43 | Single-Family Home | $925,000 | 12/14/23 | 3 | 2 | - | |
0.42 | Single-Family Home | $930,000 | 09/22/23 | 4 | 2 | - | |
0.38 | Single-Family Home | $1,100,000 | 12/13/23 | 2 | 1 | - | |
0.41 | Single-Family Home | $1,355,000 | 09/29/23 | 2 | 1 | 1,188 | |
0.42 | Single-Family Home | $1,150,000 | 03/06/24 | 2 | 1 | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Milpas
- Michelle S.
- Resident
- 5y ago
"I have lived in this neighborhood for 2 years and love the location! In the center or town, 2 exits from Montecito, 20 minute walk to State Street, 20 minute walk to the beach and the Santa Barbara Bowl. Busy a few hours during the day and quiet at nights and weekends. 5 minute walk to Trader Joes and Pure Order, 1 minute from CVS and many restaurants. Great area for urbanites and active young adults."
- Avilapainting
- Prev. Resident
- 5y ago
"I move from Texas to be close by my wife family I bring my kids to this beautiful place santa Barbara is a golden mine but is Hard to deal Whit the persons from here they always expect the best "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David Magid, Village Properties - 1
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.