1220 Gillespie Street, SANTA BARBARA, CA 93101
Overview
Description
Supplements: ... (Read more) The units consist of a 3/1 + 2/1. The property has been meticulously maintained and is a great producing income property with very low maintenance and ton of rental upside. Perfect for owner users looking to supplement their income or investors who want to add an income property to the portfolio. This duplex would be a great addition. Enjoy mountain views and a close proximity to downtown's State Street, the beach, and everything Santa Barbara has to offer. Front unit #A - is a 2/1 with garage + laundry and private side yard. The current tenants are long-term and are month to month. Back unit #B is a 3/1 and has been beautifully and recently renovated with upgrades including a new AC/Heater system, new tankless water heater, laundry, dual pane windows and features a private backyard. Both units can accommodate off-street parking. Each unit has a tankless hot water heater system, the building has a newer commercial roof, new rain gutters, ABS plastic sewer pipe, all new landscaping, plus many additional upgrades.
Listing Details MLS# 22-2171
Location Info
- District
- 20 - SB/WEST OF STATE
- Street #
- 1220
- Street Name
- Gillespie
- Street Suffix
- Street
- State
- CA
- Country
- US
- Postal Code
- 93101
- County
- Santa Barbara
- Parcel Number
- 039-141-024
- Cross Street
- Victoria St.
Contract Info
- Price
- 1595000
- Buyers Agent $/%
- 2.5
- Begin Date
- 2022-06-28
Status Information
- Sold Date
- 2022-10-06
- Under Contract Date
- 2022-09-21
Property Information
- Number of Units
- 2
- Year Built
- 1957
- Apx Lot SqFt
- 5663
- Recurring Fees
- No
NeighborhoodSchools
- Neighborhood
- 20 - Westside
Remarks
- COVID Showing Remarks
- Please adhere to Covid protocols at all times while at property.
- Hot Sheet Comment
- price
More Information
Owner Info
- Deposit
- 3
Unit 1
- # Units
- Yes
- # Bedrooms
- 2
- # Baths
- Yes
- Furnished
- N
- Rent
- 2355
- Monthly Total
- 2355
- # Half Baths
- 0
- M/M
- Yes
Unit 2
- # Units
- Yes
- # Bedrooms
- 3
- # Baths
- Yes
- Furnished
- N
- Rent
- 3995
- Monthly Total
- 3995
- # Half Baths
- 0
Meters
- Sep Meter Elec
- N
- Sep Meter Gas
- No
Neighborhood/Schools
- Elementary School
- Harding
- Junior High School
- S.B. Jr.
- High School
- S.B. Sr.
Condition
- Excellent
- Yes
Proximity
- Near Bus
- Yes
- Near Ocean
- Yes
- Near Park(s)
- Yes
- Near Shopping
- Yes
Laundry
- In Unit
- Yes
Income/Expenses
- Total Monthly Income
- 6350
- Annual Income
- 76200
Security
- Smoke Detector(s)
- Yes
Heating
- Wall
- Yes
- GFA
- Yes
Zoning
- R-2
- Yes
Reports Available
- TDS
- Yes
- Home Inspection
- Yes
- Pest Inspection
- Yes
- Prelim
- Yes
- NHD
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Listing Type
- ER
- Yes
Parking Info
- Garage
- Yes
- Outside
- Yes
Owner Provides
- Water
- Yes
- Trash
- Yes
Property Features
Documents

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