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526 San Pascual St
Santa Barbara, CA 93101
Santa Barbara | Multi-Family Vacant Land · Land For Sale · 0.16 AC

INVESTMENT HIGHLIGHTS

  • Close-in location to prime Santa Barbara tenant demand areas - near to City College, beaches/waterfront, downtown
  • Development standards for R-M zoning are 45-foot height limit, 10' foot front setback, 6' side/rear setback (20'/10' for 3rd and 4th stories)
  • Multi-family development potential of up to 9 units (8 market-rate, 1 income-restricted) - Buyer to research and verify to their satisfaction
  • Very high demand for new/newer-construction apartments in Santa Barbara, most all of the apartment housing in the city is 50-100 years old

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.16 AC
Zoning R-M (R-3) - City of Santa Barbara R-M Zone (Residential Multi-Family) City of Santa Barbara Medium AUD Zone (Average Unit Density Program, 15-27 units per acre)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
037-143-018
Land Assessment
$765,000
Improvements Assessment
$0
Total Assessment
$765,000
  • Listing ID: 34542504

  • Date on Market: 1/20/2025

  • Last Updated:

  • Address: 526 San Pascual St, Santa Barbara, CA 93101

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