509 Coronel Place, Santa Barbara, CA 93101 - MLS#CRV1-24680

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Willy Sundjaja

willy.sundjaja@gmail.com +1(650) 307-2775

Listed by Anthony Bordin • Berkshire Hathaway HomeServices California Properties

$1,349,500

Est. payment - /mo

2 Beds

1 Bath

862 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 862 sqft

Price per Sqft $1,565

MLS Listing ID CRV1-24680

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1881

Lot Size 7,405 Sqft

Property Sub-Type Detached

Source Datashare California Regional

Property Description

In conclusion, 509 Coronel Place represents an extraordinary real estate opportunity in Santa Barbara, offering a combination of immediate usability, strong income potential, and significant development possibilities. The existing 2-bedroom, 1-bathroom California cottage provides a move-in-ready option for an owner-user while offering ample room for expansion and redevelopment. The R-4 zoning designation allows for high-density residential construction, making this an attractive option for investors seeking to build multi-unit housing in a city with high demand and limited supply. Whether the goal is to develop a small apartment complex, luxury townhomes, or a mixed-use property, the possibilities for maximizing this property's value are vast. With Santa Barbara's real estate market continuing to thrive, now is the perfect time to invest in a property with such unique potential. 509 Coronel Place offers the rare combination of a prime location, flexible development options, and strong appreciation potential, making it one of the best investment opportunities available in Santa Barbara today. Whether for personal use, rental income, or large-scale development, this property stands out as a top-tier investment that will continue to increase in value over time, providing both financ

Location

State CA

County Santa Barbara

Interior

Heating Forced Air, Natural Gas, Central

Cooling Ceiling Fan(s), None

Flooring Vinyl, Wood

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Gas Range, Refrigerator, Gas Water Heater

Laundry Laundry Room, Other, Inside

Exterior

Garage Spaces 1.0

Pool None

View None

Handicap Access Other

Private Pool false

Building

Lot Description Other, Back Yard, Street Light(s), Storm Drain

Story 1

Foundation Pillar/Post/Pier, Raised

Architectural Style Cottage, Craftsman, Ranch

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Willy Sundjaja

+1(650) 307-2775

Real Estate Agent | CalBRE01500087

Real Estate Agent CalBRE01500087

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509 Coronel Place Santa Barbara, CA 93101

Willy Sundjaja

Key Details

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