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1231 E Mason Street, SANTA BARBARA, CA 93103

$2,599,000
Property Type: Res Bedrooms: 6 Baths: 4 Lot Size (sq. ft.): 18,731 Status: Active
Current Price: $2,599,000 List Date: 6/29/2023 Last Modified: 3/07/2024

Description

Welcome to 1231 E Mason, an exceptional trophy investment of three turnkey cottages with shovel-ready plans for 2 additional cottages approved (850 SF ADU's).The existing three cottages have been remodeled extensively with current actual rents grossing $10,450 per month. The front cottage has 2 bedrooms, 2 bathrooms, a fenced-in front yard, a separate driveway, and parking for 6 vehicles. The tastefully updated back two cottages have mirrored floor plans with 2 bedrooms, 1 bathroom, single-car garages, no shared walls, and large fenced-in private backyards. This unique investment rests on a tranquil oversized lot(.43 acres) along Sycamore Creek with a community garden in the rear. Surely not one to be missed with close access to East Beach and the 101 freeway.

More Information MLS# 23-1901

Location Info

District: 15 - SB/EAST OF STATE Street #: 1231 Dir: E Street Name: Mason Street Suffix: Street State/Province: CA Postal Code: 93103 Compass Map: Santa Barbara Map Grid: Q12 County: Santa Barbara Parcel Number: 017-102-002 Cross Street: Salinas

Contract Info

Current Price: $2,599,000 Price: 2599000 Buyers Agent $/%: 2 Affordable Housing: No Begin Date: 2023-06-29 Status: Active

Property Information

TYP: Home/Estate Total Bedrooms: 6 Total Bathrooms: 4 Total Full Baths: 4 Year Built: 1925 Source: Other/See Remarks Apx # Acres: 0.43 ADU: No Within City Limits: No Total #Units: 3 Recurring Fees: No

Neighborhood/Schools

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

Remarks

Hot Sheet Comment: new Geo Lat: 34.426863 Geo Lon: -119.676203

Owner Info

Deposit: 3

Parking/Garage

Total # Uncovered Spaces: 10

Property Features

Condition: Excellent Style: Cal. Cottage Construction: Single Story Roof: Composition Foundation: Raised Parking/Garage: Gar #2 Location/Topo: Level Proximity: Near Bus; Near Park(s); Near School(s) Flr/Wdw Coverings: Hardwood; Tile Heating: Electric; Forced Air Water/Sewer: S.B. Wtr Handicapped Access: Wheelchair Access; Ramp Zoning: R-2 Terms: Cash; Ctnl
Listing Office: Big Block Realty, Inc.
Last Updated: March - 07 - 2024
1231 E Mason Street, SANTA BARBARA, CA 93103- MLS# 23-1901
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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