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1231 E Mason Street, Santa Barbara, CA 93103 $2,599,000

Status: Active    MLS# 23-1901

6 Bedrooms    4 Full Bathrooms

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Property 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.

Property Information
Property Details
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
Elementary School: Franklin
Jr. High School: S.B. Jr.
Sr. High School: S.B. Sr.
Interior Features
Bedrooms: 6
Total Bathrooms: 4
Bathrooms (Full): 4
Flooring: Hardwood, Tile 
Exterior Features
Roof: Composition 
Foundation: Raised 
Construction: Single Story 
Parking: Gar #2 
Handicap Access: Ramp, Wheelchair Access 
Misc.
ADU: No 
Water / Sewer: S.B. Wtr 
Zoning: R-2 
Location

Listed with Big Block Realty, Inc.

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