$2,920,000
$2,995,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 11/09/2021
Key Details
Sold Price $2,920,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Santa Barbara: Other
MLS Listing ID V1-7614
Sold Date 11/09/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1920
Lot Size 6,969 Sqft
Property Description
Incredible opportunity to own 5 units on Santa Barbara's highly coveted Riviera. The property consist of a 4BD/2BA home along with (4) updated 1BD/1BA units at the rear of property. The front home and 2nd story units offer dazzling ocean and city views. While this property checks all of the boxes for a pure investment, it also offers the space for owners to live comfortably in the house while collecting rental income from the 4 units in the back building. The house was tastefully remodeled in 2016 with an all new open floor-plan, new electrical, new plumbing, new bathrooms and new flooring throughout. The property also boasts brand new landscaping and as of October 2021, monthly rent total will be $13,910/Month with tenants paying utilities.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Interior
Cooling None
Flooring Laminate, Tile, Wood
Fireplaces Type None
Fireplace No
Laundry Inside, Laundry Room
Exterior
Parking Features On Street
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking, Hiking, Park
View Y/N Yes
View City Lights, Ocean
Total Parking Spaces 2
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers
Story Two
Entry Level Two
Foundation Combination
Level or Stories Two
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 027071011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Trade
Special Listing Condition Standard
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Bought with Jennifer Berger • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "