Land for Sale - Residential and Development - Santa Barbara, California ID: 3253339803

Two adjacent parcels, one multi-family and the other land, with high-density housing re-development potential. (Available together or individually). 7 N. Milpas St. is offered at $750,000. 11 N. Milpas St. is offered at $1,750,000 and is co-listed by Dean Vanecek of Keller Williams. Large parcel in a central location with two homes and a garage. Owned for generations, this property produces just under $9,100 a month gross from two residential tenants and a landscape company. Zoning allows for the highest density of housing, and with 7 N. Milpas St. also available, the two properties could be an approximate 16,552 SF development and under zoning 24 residential units. 7 N. Milpas St. has been utilized as a contractor's storage yard for years and there are no permanent structures. All tenants are month-to-month and the ownership will consider selling the properties individually or together. Contact Listing Agent to schedule a showing.