SANTA BARBARA, CA 93103
7 beds | 4 baths | 2360 sqft
UNIQUE FOUR-UNIT INCOME PROPERTY IN DOWNTOWN SANTA BARBARA. Value Added Opportunity with major price reduction. All rents current and stable. Renovated from the roof down to the sewer laterals. Ever growing Eastside location. Potential for additional rental income, plus multi-story, multi-unit development. The property is zoned R-M Residential Multi-Unit. FOR CITY ZONING, CUT AND PASTE LINK: SBMC 30.20.020. Easy 10 minute walk to downtown and 1 minute to the Milpas corridor. 3 minute drive to East Beach. 100% occupancy. 7 Bedrooms total across 4 units. 2+1; 1+1+Loft; 3+1; 1+1 rear separate unit. All leases month to month. Easy to show with 24 hours notice. FOR SLIDESHOW: https://tours.previewfirst.com/ml/114485
Listing Office: Coldwell Banker Realty
Last Updated: July - 14 - 2021
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Saturday 24th of July 2021 01:17 AM