$3,950,000
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35,719 SqFt
SOLD DATE : 10/13/2023
Key Details
Property Type Vacant Land
Sub Type Res Multi-Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 35,719 sqft
Price per Sqft $110
MLS Listing ID 23-1014
Sold Date 10/13/23
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 35719.0
Property Sub-Type Res Multi-Unit
Source Santa Barbara Multiple Listing Service
Property Description
Situated in the heart of the high density student community of Isla Vista, this site presents a unique opportunity to acquire one of the last vacant lots in the area with zoning that allows a developer to build into a supply constrained housing market with extremely high rental demand. The site consists of a ±35,719 SF lot with SR-H-20 (20 Units/Acre) zoning plus State Bonus Density allowable. Buyer to
investigate development potential. The site is easily accessible and walkable to the UCSB Campus and nearby neighborhood amenities. The property is being offered to the market as raw, unentitled land and will not be sold subject to entitlements and permits. Please contact Listing Agents for further details.
Location
State CA
County Santa Barbara
Others
Tax ID 075-020-007
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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