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$1,299,500
Listing Price2beds
1baths
862sqft
7,405sqft lot
509 Coronel Pl, Santa Barbara, CA 93101
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 propertys value are vast. With Santa Barbaras 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 financial rewards and the opportunity to contribute to Santa Barbaras evolving housing landscape.
Interior Details
862
2
1
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7405
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$4,497
$316,201
$105,392
--%
$421,593
2019
$4,419
$310,001
$103,326
--%
$413,327
2018
$4,356
$303,923
$101,300
--%
$405,223
2017
$4,212
$297,964
$99,314
--%
$397,278
2016
$4,182
$292,122
$97,367
--%
$389,489
2014
$4,070
$282,099
$94,027
--%
$376,126
2013
$4,052
$280,825
$93,603
--%
$374,428
2012
$3,813
$275,319
$91,768
--%
$367,087
Average Home Price in 93101
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