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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.
Property Details | |
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MLS ID: | #23-1901 |
Current Price: | $2,599,000 |
Buyer Broker Compensation: | 2.0% |
Status: | Active |
Days on Market: | 253 |
Address: | 1231 E Mason Street |
City / Zip: | Santa Barbara, CA 93103 |
Area / Neighborhood: | Sb/East Of State |
Property Type: | Residential – Home/Estate |
Style: | Cal. Cottage |
Year Built: | 1925 |
Condition: | Excellent |
Acres: | 0.43 |
Topography: | Level |
Proximity: | Near Bus, Near Park(s), Near School(s) |
Schools | |
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Elementary School: | Franklin |
Jr. High School: | S.B. Jr. |
Sr. High School: | S.B. Sr. |
Interior Features | |
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Bedrooms: | 6 |
Total Bathrooms: | 4 |
Bathrooms (Full): | 4 |
Flooring: | Hardwood, Tile |
Exterior Features | |
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Roof: | Composition |
Foundation: | Raised |
Construction: | Single Story |
Parking: | Gar #2 |
Handicap Access: | Ramp, Wheelchair Access |
Misc. | |
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ADU: | No |
Water / Sewer: | S.B. Wtr |
Zoning: | R-2 |
Listed with Big Block Realty, Inc.
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