Endless possibilities with this Charming 3-Bed, 2-Bath California cottage, plus a spacious 500 sq. ft. permitted detached bonus room. This property is zoned RMH (Residential Multi-Unit & Hotel) making it eligible for short term vacation rentals! The main home has hardwood fir floors throughout, a newer roof, and generous outdoor living spaces. The bonus room, permitted as ''habitable space,'' has high vaulted ceilings, a full bath, kitchen, laundry and its own private yard. This versatile property is conveniently located near Montecito, downtown Santa Barbara and local beaches. This is an amazing investment opportunity!