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$ 1,995,000
Est. payment | /mo
2,012 SqFt
$ 1,995,000
Est. payment | /mo
2,012 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,012 sqft
Price per Sqft $991
Subdivision 15 Or 20 - Downtown
MLS Listing ID 26-1616
Year Built 1940
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 2178.0
Source Santa Barbara Multiple Listing Service
Property Description
Tucked along a quiet street just moments from downtown Santa Barbara, this charming four-unit property blends classic character with strong income fundamentals.
The approximately 2,012 SF building consists of four spacious one-bedroom, one-bath residences, each just over 500 SF. All units are currently leased offering immediate cash flow in a highly sought-after rental location.
Recent upgrades enhance the property's appeal, including recently refreshed upper units and a previously refreshed lower unit, while the fourth unit provides an opportunity for future improvement and added value.
Residents benefit from a welcoming communal pergola area, on-site laundry, outdoor storage lockers for each unit, basement storage for bikes and beach gear, and thoughtfully maintained landscaping. With its unbeatable location near Paso Nuevo, dining, shopping, and entertainment are moments away from your door. This property presents a compelling opportunity for investors seeking both stability and upside.
The approximately 2,012 SF building consists of four spacious one-bedroom, one-bath residences, each just over 500 SF. All units are currently leased offering immediate cash flow in a highly sought-after rental location.
Recent upgrades enhance the property's appeal, including recently refreshed upper units and a previously refreshed lower unit, while the fourth unit provides an opportunity for future improvement and added value.
Residents benefit from a welcoming communal pergola area, on-site laundry, outdoor storage lockers for each unit, basement storage for bikes and beach gear, and thoughtfully maintained landscaping. With its unbeatable location near Paso Nuevo, dining, shopping, and entertainment are moments away from your door. This property presents a compelling opportunity for investors seeking both stability and upside.
Location
State CA
County Santa Barbara
Community 15 Or 20 - Downtown
Interior
Heating Wall Furnace
Laundry Other
Exterior
Parking Features On Street
Building
Lot Description Near Public Transit
Foundation Raised
New Construction No
Others
Tax ID 037-032-016
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Village Properties
Schools and Properties Nearby
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