SANTA BARBARA, CA 93101
Once in a lifetime does an opportunity to acquire a legal 12-unit short term vacation rental property in Santa Barbara's historic and coveted West Beach come along. This beautiful beach retreat is located just two blocks from the ocean at West Beach, walking distance to the Santa Barbara Pier, Santa Barbara Harbor, fantastic world class dinning and so much more. 5.69% cap rate on market rental rates! Potential tenants/guests enjoy the new State Street Promenade, Sterns Wharf, The Funk Zone, Santa Barbara Farmer's Market, Moxi Museum, and Chase Palm Park's Summer Concerts Series. This meticulously maintained property has been historically run as short-term rentals with long-term tenants sprinkled in. So many options for this location.
Listing Office: Beachside Partners
Last Updated: June - 15 - 2021
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