526 san pascual Street, Santa Barbara CA, 93101

Active

526 san pascual Street

Santa Barbara CA, 93101

$995,000

$142.76 per sqft

Active

0.16 Acres

Land

Listed by Ken Switzer with Berkshire Hathaway Home Services California Properties (805) 680-4622

526 San Pascual Street is a rare vacant land multi-family development opportunity in a close-in location in the City of Santa Barbara. Take advantage of the proximity to the waterfront and beaches, to lower downtown and to Santa Barbara City College, to develop hard-to-find new-construction rental units in a very high tenant demand location. The zoning is R-M (formerly R-3), and is also in a City Average Unit Density (AUD) zone. State Housing Density (SDBL) and Accessory Dwelling Unit (ADU) laws could allow additional units to be built, resulting in a potential maximum development of 9 units - 8 market-rate units plus 1 income restricted unit - with a maximum total building space of approx. 8,000 square feet, Buyer to verify both figures. See unbranded Offering Memorandum in Documents.

V1-28117

MLSⓇ ID

February 12, 2025

Listed

February 14, 2025

Updated

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: 6-10 Units/Acre, Sprinklers None

Other Property Details

Area Name: VC81 - Santa Barbara
Garage: No
Parking Total: 0
View: No
View Description: None
County: Santa Barbara
Water Source: Public
Pool: No
Zoning: R-M

Listing Contact: (805) 969-5026

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/14/2025 at 11:11 AM UTC