761 Olive Ave, Santa Barbara, CA 93013 $1,650,000

Status: Closed    MLS# 21-3047

4 Bedrooms    2 Full Bathrooms

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Property Description

Beach living! Prime .23-acre parcel in downtown Carpinteria ready for buyers who are thinking of building their dream beach compound or ending up with multiple units in this prime location. Quiet neighborhood with established residents who know and love Carpinteria. Flat, usable corner lot sits 3 blocks to Downtown Carpinteria (Linden Avenue) and 4 blocks to the World's Safest Beach. Walk to restaurants and coffee on your way to sunset or morning strolls on the sand. Two cottage style 2-bedroom 1 bath legal non-conforming homes (both brought to this property in the early 1900's) are separately metered but are currently in very poor condition. Property is zoned PDR-20 which may allow for 4 units on this size parcel. Buyers to satisfy themselves as to the future development potential of this property. Let's face it- your rich uncle always said buy a multifamily property in the best location, location, location. You'll one up him and be living at the beach.

Property Information
Property Details
MLS ID: #21-3047
Current Price: $1,650,000 
Buyer Broker Compensation: %
Status: Closed
Days on Market: 19
Address: 761 Olive Ave
City / Zip: Santa Barbara, CA 93013
Area / Neighborhood: Carpinteria-Summerland
Property Type: Residential – Home/Estate
Style: Cal. Cottage 
Year Built: 1910 
Condition: Poor 
Acres: 0.23 
Lot Sq. Ft.: 10,018 Sq.Ft. 
Topography: Corner Lot, Level 
Proximity: Near Bus, Near Ocean, Near Park(s), Near School(s), Near Shopping 
View: Mountain 
Schools
Elementary School: Aliso
Jr. High School: Carp. Jr.
Sr. High School: Carp. Sr.
Interior Features
Bedrooms: 4
Total Bathrooms: 2
Bathrooms (Full): 2
Dining Areas: Dining Area, In Living Room 
Heating / Cooling: Ceiling Fan(s), Wall 
Flooring: Laminate, Wood 
Laundry: Room 
Exterior Features
Roof: Composition 
Exterior: Wood Siding 
Foundation: Raised 
Construction: Single Story 
Grounds: Deck, Fenced: BCK, Fruit Trees 
Misc.
Amenities: Guest House, Room Addition, Second Residence 
Other buildings: Second Residence, Shed 
Site Improvements: Public, Sidewalks 
Water / Sewer: Sewer Hookup 
Zoning: PRD 
Reports Available: Home Inspection, Prelim 
Disclosures: Coastal Comm 
Location

Listed with Berkshire Hathaway Home Services California Properties

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