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$ 1,800,000
Est. payment | /mo
7,405 Sqft Lot
$ 1,800,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-2985
Year Built 1920
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 7405.2
Source Santa Barbara Multiple Listing Service
Property Description
The subject property is a 3-unit apartment building located in the lower east side area of Santa Barbara. One mile east of the 101 Freeway, and just north of the Coast Village shopping area and the Montecito Country Club and one and a half miles to the beach. The unit mix consists of 2 three-bedroom two bath units and 1 two-bedroom two bath units. All units are separately metered for gas and electricity. There are no public records regarding the year built or the square footage of the building. The year built and the square footage has been estimated in this marketing package. Buyer to do their own investigation regarding the year built and square footage of the building. Unit A has been completely remodeled including a new kitchen with appliances in August 2018. Plus, a new patio was installed in the front yard of Unit A in May 2022. Unit B had new concrete work completed at their front door in March 2024. A new sump pump + concrete work + a new drainage line was installed on the west side of the property to improve the exterior drainage in March of 2026. On site parking consist of a carport for 4 cars plus open parking spaces for additional parking spaces on the premises. There is a common laundry room for the use of all tenants. There is an existing loan with Chase Bank in the approximate amount of $723,045 which is assumable. Starting in October 2026 the interest rate will be 7% and the monthly payment will be $4,217.76. For more information, contact Earle Hyman at earle.hyman@marcusmillichap.com.
Location
State CA
County Santa Barbara
Interior
Laundry Laundry Room
Exterior
Parking Features Outside, Carport
Others
Tax ID 017-233-004
Acceptable Financing Assumable, Conventional, Cash
Listing Terms Assumable, Conventional, Cash
Listed by Marcus and Millichap
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