3885/3887 State St. is one of the only properties for sale in the special high density area! Find out why investors have been waiting all year for this new program to go into effect in Santa Barbara...
Extraordinary re-development/investment opportunity! Purchase motel and income-producing office building on 1.49 acres of prime upper State St C 2 "Mixed Use" real estate. City approved plans for 30 upscale Residential loft condos + commercial. New "Density Overlay" Ordinance creates possibilities to build 90+ apartments. Also ideal for expanding into luxury hotel, retail store or business complex. Steps away from La Cumbre Plaza and Five Points Shopping Center in "high density" area.
Tuesday, July 30, 2013
Average Unit Size Density (AUD) Ordinance Passed Today!
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