1231 E Mason St

Santa Barbara, CA 93103 View Map $2,879,000 Schedule a Tour
Beds6
Baths4
Acres0.43
Year1925
Kevin Schmidtchen

Kevin Schmidtchen

(805) 689-6877

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Status: Active
Property Type:Home/Estate
MLS #:22-1225
On Site:73 Days
Lot Size:0.43 Acres
County:Santa Barbara
Exceptional trophy investment of three newly remodeled cottages. Rarely do you find a turn-key investment with large upside potential, like this one. Perfect for owner/user or a 1031 buyer looking for an add value play. Big upside being the plans pending to build an additional 2 cottages(ADU's) which would easily increase the monthly income $8,000 per month. Renderings available upon request. All three cottages have been remodeled extensively with current rents grossing $10,000 per month. The front cottage(907 SF) has 2 bedrooms, 2 bathrooms with a fenced in front yard at $3,250 per month(market rent $4,000). The tastefully updated back two cottages(941 SF each) have mirrored floor plans with 2 bedrooms and 1 bathroom.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
6/15/2022$2,929,000$2,879,000-1.7%

Community Information

Address:1231 E Mason St Santa Barbara, CA 93103
Zip Code:93103

School Information

High School:S.B. Sr.
Middle School:S.B. Jr.
Elementary School:Franklin

Architecture

Bedrooms: 6
Bathrooms: 4
Year Built:1925
Stories:1
Construction: Single Story
Roof: Composition
Foundation: Raised
Parking / Garage: Boat, Cpt #1, Gar #2, RV
Total Garage Spaces: 2.00
Total Carport Spaces: 1.00
Total Unconvered Spaces: 10.00

Features / Amenities

Grounds / Landscaping: Fenced: ALL, Yard Irrigation PRT
Heating / Cooling: Ceiling Fan(s), Elec, Wall

Property Features

Lot Size: 0.43 Acres
Location / Topo: Level
View: Mountain, Setting
Water / Sewer: S.B. Wtr
Zoning:R-2

Tax and Financial Info

Terms: Cash, Ctnl
Pets: Yes

Schools

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1231 E Mason St Santa Barbara, CA 93103
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1231 E Mason St Santa Barbara, CA 93103
 
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Listing Information Last Updated 7/1/2022
Listing provided courtesy of Omega Real Estate And Investments.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Property Summary:
Home for sale at .

Description: The home at 1231 E Mason St Santa Barbara, CA 93103 with the MLS Number 22-1225 is currently listed at $2,879,000 and has been on the Santa Barbara market for 72 days.

GeoCoordinates:
-119.676207
34.426861

List Price: $2,879,000

You are viewing the MLS property details of the home for sale at 1231 E Mason St Santa Barbara, CA 93103, which includes 6 bedrooms, 4 bathrooms and has approximately 0 sq.ft. of living area.