419 W Islay Street, SANTA BARBARA, CA 93101
$2,900,000
Property Type:
Res Inc
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$2,900,000
List Date:
4/24/2024
Last Modified:
9/15/2024
Description
8 units for sale, approximately 5600 sq/ft building on a 11,250 sq/ft lot, on-site laundry room. Features (4) 2 bedroom units and (4) 1 bedroom units. Current rents below market. Convenient location for tenants with easy access to downtown, shopping, and Hwy 101. Excellent opportunity for an investor to purchase a bread and butter 8 unit apartment in Santa Barbara.
More Information MLS# 24-1289
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: N12
Cross Street: Castillo
District: 20 - SB/WEST OF STATE
Street #: 419
Dir: W
Street Name: Islay
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 027-081-004
Contract Info
Buyers Agent $/%: 2.5
Current Price: $2,900,000
Price: 3125000
Begin Date: 2024-04-24
Status: Closed
Property Information
Year Built: 1964
Apx # Acres: 0.26
Recurring Fees: No
Number of Units: 8
Neighborhood/Schools
Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Proximity
Near Bus: 1
Near Hospital: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Unit 1
# Units: 8
# Bedrooms: 12
# Baths: 8
# Half Baths: 0
Furnished: N
Rent: 16700
Monthly Total: 16700
Zoning
R-4: 1
Reports Available
Prelim: 1
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Parking Info
Outside: 1
Status Information
Sold Date: 2024-07-17
Sold Price: $2,900,000
Under Contract Date: 2024-06-07
Property Features
Parking Info: Outside
Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Zoning: R-4
Reports Available: Prelim; Other
Terms: Cash; Conventional
Listing Type: ER
Documents
Listing Office:
Santa Barbara Brokers, Inc.
Last Updated: September - 15 - 2024
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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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