![Property Photo: 526 San Pascual Street CA 93101](https://i14.moxi.onl/img-pr-001921/sbr/16fca80ea4abbf58abe4a0b397a99cfc41e1dfa5/1_2_gallery.jpg)
![Property Photo: 526 San Pascual Street CA 93101](https://i15.moxi.onl/img-pr-001921/sbr/16fca80ea4abbf58abe4a0b397a99cfc41e1dfa5/2_2_full.jpg)
![Property Photo: 526 San Pascual Street CA 93101](https://i16.moxi.onl/img-pr-001921/sbr/16fca80ea4abbf58abe4a0b397a99cfc41e1dfa5/3_2_full.jpg)
Listing Courtesy of: Santa Barbara Association Of Realtors / Non Member Office
526 San Pascual Street Santa Barbara, CA 93101
Active (86 Days)
$1,290,000
6,969
SQFT
Description
MLS #:
24-1958
24-1958
Lot Size
6,969 SQFT
6,969 SQFT
Type
Land
Land
County
Santa Barbara County
Santa Barbara County
Listed By
Non Member Agent, Non Member Office
Source
Santa Barbara Association Of Realtors
Last checked Sep 8 2024 at 1:40 AM GMT+0000
Santa Barbara Association Of Realtors
Last checked Sep 8 2024 at 1:40 AM GMT+0000
Bathroom Details
Subdivision
- 20 - Westside
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Jul 17, 2024
Price Changed
$1,290,000
-7%
-100,000
Jun 14, 2024
Original Price
$1,390,000
-
-
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Santa Barbara Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/7/24 18:40
Located in the heart of Santa Barbara, 526 San Pascual St offers an ideal blend of urban convenience and coastal charm. The property is just minutes away from the vibrant downtown area, renowned for its eclectic mix of shops, restaurants, and cultural attractions. Residents will enjoy easy access to the beautiful Santa Barbara waterfront, with its picturesque beaches and recreational opportunities. The area is also served by top-rated schools and offers a variety of parks and green spaces and is just down the street from Santa Barbara City College, making it a highly desirable location for students, families, professionals or retirees. With its prime location and development potential, 526 San Pascual St presents a unique investment opportunity in one of California's most sought-after coastal cities.
Under Santa Barbara's Average Unit-Size Density (AUD) program, a developer can construct four units by-right on this lot. Per California's Accessory Dwelling Unit (ADU) laws, you can add another two ADUs, meaning a developer can build up to 6 total units on this lot. Furthermore, per Santa Barbara's AUD laws, a 4 unit development is not required to have any affordable / low income units, so all 4 units and both ADUs would be fully market-rate.
In total, this example development includes six market-rate units (four primary units plus two ADUs) with a combined building area of 5,275 gross square feet.
Starting with the four AUD units, this lot's size and zoning allows a developer to have a maximum average unit size of 925 square feet. The project can have units that are larger than, and smaller than, 925 square feet, but it cannot average out to more than that. Therefore, these four AUD units can max out at 3,700 square feet.
In addition to these four units, the developer has multiple options of how to add the two ADUs. You can build two detached ADUs, two attached ADUs where you convert non-livable space to units, or you can do one of each.
For the AUD units, we imagine a mix of three 2-bed/ 2-bath (850 SF) and one 3-bed / 2-bath (1,150 SF), totaling 3,700 buildable square feet. For the ADUs, we imagine the best option to be one attached 1-bed/ 1-bath ADU up to 575 SF (50% of the largest unit which is a requirement) and one 2-bed / 2-bath detached ADU up to 1,000 SF (max allowable size for a detached ADU).
*This information is believed to be correct per Broker's conversations with Santa Barbara City, however Broker makes no representations or warranties and Buyer to rely on own due diligence.