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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
1232 Quinientos Street, SANTA BARBARA, CA 93103- MLS# 24-1017
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.

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