1232 Quinientos Street, SANTA BARBARA, CA 93103
$1,825,000
Property Type:
Res Inc
Square Footage:
1,532
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$1,825,000
List Date:
4/04/2024
Last Modified:
5/20/2024
Description
Discover an exceptional opportunity to own three remodeled houses at the base of the Santa Barbara Riviera. With over $150,000 in upgrades completed in the last 30 days, this property offers charm, privacy, and tranquility. Each of the three detached homes - a 2-bedroom, 1-bedroom, and studio - has been meticulously renovated: new flooring, recessed lighting, appliances, air conditioners/heaters, washers/dryers, insulation, electrical(separately metered), plumbing, roofs, ensuring a move-in-ready experience for the new owner
Immerse yourself in the serene ambiance of the backyard featuring: mature landscaping, artificial grass, a jacuzzi, and the soothing sounds of a seasonal creek.
Supplements: The potential for a 1031 exchange or owner-occupancy with rental income from the other units makes it a versatile option for buyers. Conveniently located near Montecito, East Beach, and the 101 freeway, you'll easily access Santa Barbara's finest amenities and attractions. With market rents at $11,000 per month, this property promises great income potential for savvy investors. Don't miss out on this gem that seamlessly combines modern upgrades with timeless character.
More Information MLS# 24-1017
Location Info
District: 15 - SB/EAST OF STATE
Street #: 1232
Street Name: Quinientos
Street Suffix: Street
State/Province: CA
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: Q12
County: Santa Barbara
Parcel Number: 017-183-023
Cross Street: Canada
Contract Info
Current Price: $1,825,000
Price: 1825000
Buyers Agent $/%: 2
Begin Date: 2024-04-03
Status: Active
Property Information
Number of Units: 3
Year Built: 1925
Main House SqFt: 1532
Apx # Acres: 0.18
Recurring Fees: No
Neighborhood/Schools
Elementary School: Cleveland
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 3
Unit 1
# Units: 3
# Bedrooms: 2
# Baths: 1
Furnished: N
Rent: 4500
Monthly Total: 4500
Unit 2
# Bedrooms: 1
# Baths: 1
Rent: 3500
Monthly Total: 11000
Unit 3
# Bedrooms: 1
# Baths: 1
Rent: 3000
Property Features
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s)
Laundry: In Unit
Amenities: Spa; Washer; Dryer; Fncd Back
Flr/Wdw Coverings: Hardwood; Tile
Heating/Cooling: Heat Other; A/C Other
Pets: Yes
Zoning: R-2
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: Big Block Realty, Inc.
Last Updated: May - 20 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers.
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.