$2,350,000
1532 Castillo St
SANTA BARBARA, CA 93101
MLS# 21-1917
Status: Pending
7 beds  |  5 baths  |  3390 sqft


1532 Castillo St, SANTA BARBARA, CA 93101
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1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101 1532 Castillo St, SANTA BARBARA, CA 93101

Property Description
A beautifully renovated 1913 Colonial in the heart of Downtown Santa Barbara, 1532 Castillo is an incredibly stable turnkey investment in an A+ location. The fully leased triplex boasts market rents, a strong rental history, low maintenance costs and R-4 zoning. The main house has 5 beds & 3 baths, and has undergone a full renovation, including a new kitchen & bathrooms, all new electrical & plumbing and ductless heat & AC. The detached rear duplex has also undergone a full renovation, and features wood floors, updated kitchens, AC & in-unit laundry. Currently generating $132,000 in rental income annually, the property is being offered at a 4% cap rate. Perfect for an investor looking for an income-producing asset, or an owner/user who wants to live in the front home & rent out the back.

Details
Maps
Documents
Location Info
District: 20 - SB/WEST OF STATE
Street #: 1532
Street Name: Castillo
Street Suffix: St
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 027-212-025
Cross Street: Arrellaga
Walk Score: 85
Contract Info
Current Price: $2,350,000
Price: 2350000
Affordable Housing: No
Begin Date: 2021-05-27
Status: Pending
Status Information
Under Contract Date: 2021-07-10
Property Information
TYP: Home/Estate
Total Bedrooms: 7
Total Bathrooms: 5
Total Full Baths: 5
Year Built: 1913
SqFt.: 3390
Source: Other/See Remarks
Main House SqFt: 1978
Other Structures SqFt: 1412
Apx Lot SqFt: 7841
ADU: No
Within City Limits: Yes
Total #Units: 3
Recurring Fees: No
Neighborhood/Schools
Neighborhood: 15 or 20 - Downtown
Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
COVID Showing Remarks: Do not go on property, do not disturb tenants! CLA for showing information. Please see floorplan and general inspection in documents. All visitors are required to receive CAR form BPPP and CAR form PRE. All visitors must sign PEAD-V(s) and must be sent via email to listing agent prior to arriving at property.
Hot Sheet Comment: new
Geo Lat: 34.422882
Geo Lon: -119.713584
Owner Info
Deposit: 3
Parking/Garage
Total # Carport Spaces: 2
Total # Uncovered Spaces: 3
Property Features
Condition: Excellent
Style: Colonial
Roof: Composition
Foundation: Pier & Post
Parking/Garage: Cpt #2; Unc #2
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping
Dining: Breakfast Bar; Formal
Laundry: Room; In-unit
Amenities: Remodeled Bath; Remodeled Kitchen
Appliances Included: Dishwasher; Disposal; Dryer; Gas Rnge/Cooktop; Gas Stove; Refrig; Washer
Fireplace(s): LR
Flr/Wdw Coverings: Hardwood; Wood
Heating/Cooling: Wall; A/C Other
Water/Sewer: S.B. Wtr
Zoning: R-4
Reports Available: Home Inspection; Prelim
Terms: Cash; Ctnl
Pub Listing Details: Owner is Licensee

Listing Office: Compass

Last Updated: July - 11 - 2021

1532 Castillo St, SANTA BARBARA, CA 93101 - MLS# 21-1917

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Saturday 24th of July 2021 12:51 AM