1514 Anacapa Street, Santa Barbara, CA 93101

$2,225,000
List Price
$2,225,000
Status
ACTIVE
MLS#
24-2249
Lot Size
6,969
Region
SB/EAST OF STATE

Property Description

Fully approved conversion to residential in fantastic downtown location. This building was formerly used as an office and has been approved to convert to four residential units. These units will offer private patios, single level floorplans, excellent windows creating an opportunity to own a core asset and complete the project to an owners specifications. Based on rental comps, the projected gross income of $200,000 annually will provide a good return in a high quality asset. Contact Listing Agent for further details and to schedule a showing. *Unit mix listed is the fully approved plans to convert to residential.

Additional Information

Elementary School
Roosevelt
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.16
Condition
Good
Lot Size
6,969
Region
SB/EAST OF STATE
Units
4
Zoning
CLA

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Radius Group Commercial R.E..