526 San Pascual St Santa Barbara, CA 93101
Westside NeighborhoodEstimated payment $6,025/month
Total Views
16,764
0.16
Acre
$6,218,750
Price per Acre
6,970
Sq Ft Lot
Highlights
- Chain Link Fence
- San Marcos Senior High School Rated A
- 1-minute walk to Bohnett Park
About This Lot
526 San Pascual Street is a rare vacant land multi-family development opportunity in a close-in location in the City of Santa Barbara. Take advantage of the proximity to the waterfront and beaches, to lower downtown and to Santa Barbara City College, to develop hard-to-find new-construction rental units in a very high tenant demand location. The zoning is R-M (formerly R-3), and is also in a City Average Unit Density (AUD) zone. State Housing Density (SDBL) and Accessory Dwelling Unit (ADU) laws could allow additional units to be built, resulting in a potential maximum development of 9 units - 8 market-rate units plus 1 income restricted unit - with a maximum total building space of approx. 8,000 square feet, Buyer to verify both figures. See unbranded Offering Memorandum in Documents.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,784
Lot Details
- 6,970 Sq Ft Lot
- Chain Link Fence
- No Sprinklers
- Density is 6-10 Units/Acre
- Property is zoned R-M
Listing and Financial Details
- Assessor Parcel Number 037143018
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $5,784 | $535,500 | $535,500 | $0 |
| 2022 | $5,582 | $525,000 | $525,000 | $0 |
| 2021 | $1,198 | $112,241 | $112,241 | $0 |
| 2020 | $1,185 | $111,091 | $111,091 | $0 |
| 2019 | $1,165 | $108,913 | $108,913 | $0 |
| 2018 | $1,148 | $106,778 | $106,778 | $0 |
| 2017 | $1,110 | $104,685 | $104,685 | $0 |
| 2016 | $1,171 | $102,633 | $102,633 | $0 |
| 2014 | $1,141 | $99,112 | $99,112 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | For Sale | $995,000 | -- | -- |
Source: Ventura County Regional Data Share
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Stewart Title Of California | |
| Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Property in Santa Barbara, CA
Source: Ventura County Regional Data Share
MLS Number: V1-28117
APN: 037-143-018
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