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- LoopNet Team
Camino Pescadero
Goleta, CA 93117
Land For Sale
·
0.82 AC
INVESTMENT HIGHLIGHTS
- Offered at $3,950,000 ($111/SF)
- APN: 075-020-007
- Approx. 35,719 SF Lot (0.82 AC)
- Maximum Unit Density: Potential Density: 24 Units (16 Allowable + 8 CA State Bonus Density)
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.82 AC |
| Property Subtype | Commercial | Cross Streets | Picasso Road |
| Proposed Use | Multifamily | ||
| Zoning | SR-H-20 - (20 Units/Acre) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.82 AC |
| Cross Streets | Picasso Road |
| Zoning | SR-H-20 - (20 Units/Acre) |
DESCRIPTION
Situated in the heart of the high density student community of Isla Vista, this site presents a unique opportunity to acquire one of the last vacant lots in the area with zoning that allows a developer to build into a supply constrained housing market with extremely high rental demand. The site consists of an approx. 35,719 SF lot with SR-H-20 (20 Units/Acre) zoning plus State Bonus Density allowable. Buyer to investigate development potential. The site is easily accessible and walkable to the UCSB Campus and nearby neighborhood amenities. The property is being offered to the market as raw, unentitled land and will not be sold subject to entitlements and permits. Please contact Listing Agents for further details.
PROPERTY TAXES
| Parcel Number | 075-020-007 | Improvements Assessment | $0 |
| Land Assessment | $4,029,000 | Total Assessment | $4,029,000 |
PROPERTY TAXES
