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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
Listing Office: Santa Barbara Brokers, Inc.
IDX
Last Updated: September - 15 - 2024
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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