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.
Property Details
Price:
$995,000
MLS #:
V1-28117
Status:
Active
Baths:
0
Address:
526 san pascual Street 037143018
Type:
Land
Neighborhood:
vc81santabarbara
City:
Santa Barbara
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
93101
Lot Size:
6,969 sqft / 0.16 acres (approx)
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks
Fencing
Chain Link
Lot Features
6-10 Units/ Acre, Sprinklers None
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address526 san pascual Street 037143018 Santa Barbara CA
- AreaVC81 – Santa Barbara
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93101
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Courtesy of Berkshire Hathaway Home Services California Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.526 san pascual Street 037143018
Santa Barbara, CA
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