$2,300,000
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SOLD DATE : 04/03/2024
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24-1009
Sold Date 04/03/24
Year Built 1960
Source Santa Barbara Multiple Listing Service
Property Description
Prime West Beach 7-Unit property on separate parcels (306 & 310 Ladera). This versatile property includes a 5-plex and a duplex with ample value-add upside potential from excess land to build an ADU adding more units or visualize a full development project between the two
parcels. Preliminary city consultation suggests feasibility of building approximately 11 units on 306 Ladera St. Excellent unit mix with (5) 2BD/1BA's and (2) studios walking distance to the beach, Santa Barbara City College, the Funk Zone, Downtown, and Santa Barbara's iconic Stearn's Wharf.
Contact Listing Agents for further details.
Location
State CA
County Santa Barbara
Others
Tax ID 037-222-020
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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