1600 Santa Barbara Street, Santa Barbara, CA 93101
- $6,750,000
- List Price
- $6,750,000
- Status
- ACTIVE
- MLS#
- 25-3995
- Price Change
- ▼ $750,000 1770237989
- Lot Size
- 31,363
- Region
- SB/EAST OF STATE
- Year Built
- 1940
Property Description
Prime opportunity for the savvy developer/investor to take advantage of the new flexible Adaptive Re-Use ordinance and favorable R-M zoning, to re-purpose inside the walls of a classic historic building into apartments or condominiums. As one of Santa Barbara's most treasured and unique properties, in an A++ location where downtown transitions to the Upper East and directly across from Alick Keck Park gardens, ''The McCormick House'' has been used commercially since the late 1960's as an art education center. The approx. 12,500+/-SF structure (incl. full ceiling height lower level) had a major systems renovation in the 1990's. Mills Act potential property tax reduction may add to the investment benefits. Contact agents for details and examples. Floorplans and ARU code under Documents.
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Additional Information
- Elementary School
- Roosevelt
- Middle School
- S.B. Jr.
- High School
- S.B. Sr.
- Acres
- 0.72
- Foundation
- Mixed
- Lot Size
- 31,363
- Neighborhood
- Upper Eastside
- Parking Garage
- Other
- Region
- SB/EAST OF STATE
- Terms
- Cash, Conventional
- Zoning
- R-3, Other
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Listing courtesy of Berkshire Hathaway HomeServices California Properties.