519 W Los Olivos Street
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519 W Los Olivos Street
519 W Los Olivos Street
519 W Los Olivos Street
519 W Los Olivos Street
519 W Los Olivos Street
Sold

519 W Los Olivos Street

519 W Los Olivos Street, SANTA BARBARA, CA 93105

$1,200,000
Investment opportunity with upside in a prime Santa Barbara location!
Positioned in a hub of growth, and eligible for the City's AUD Medium-High Density Program (i.e. more units), this duplex with R-3 zoning is poised for lucrative future development. The current 2 bed/1 bath + 1 bed/1 bath single level configuration makes for solid rentability. The detached 2 car garage offers options for a potential ADU. With Cottage Hospital nearby, and all the shops and dining along the De La Vina corridor, this property has tremendous upside potential.

3
beds

2
baths

1,625 Sq.Ft. LIVING AREA

8,712 Sq.Ft. lot

David Kim

David Kim

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2
  • Laundry room Laundry Room, Other
  • Flooring Carpet, Wood/Laminate

Area & Lot

  • Status Sold
  • Living Area1,625 Sq.Ft.
  • Lot Area8,712 Sq.Ft.
  • MLS® ID23-2959
  • TypeResidential
  • YEAR BUILT1956
  • Elementary SchoolAdams
  • Middle SchoolLaCumbre
  • High SchoolSan Marcos

Exterior

  • STORIES1
  • Garage Space2.0
  • lot featuresNear Public Transit
  • parkingGar 2, Detached
  • SubstructureSlab
  • security FeaturesSmoke Detector(s)

Financial

  • Sales Price$1,200,000
  • Zoning R-3
Map
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