419 W Islay Street, SANTA BARBARA, CA 93101
$3,125,000
Property Type:
Res Inc
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$3,125,000
List Date:
4/24/2024
Last Modified:
4/24/2024
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
District: 20 - SB/WEST OF STATE
Street #: 419
Dir: W
Street Name: Islay
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 027-081-004
Cross Street: Castillo
Contract Info
Current Price: $3,125,000
Price: 3125000
Buyers Agent $/%: 2.5
Begin Date: 2024-04-24
Status: Active
Property Information
Number of Units: 8
Year Built: 1964
Apx # Acres: 0.26
Recurring Fees: No
Neighborhood/Schools
Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Unit 1
# Units: 8
# Bedrooms: 12
# Baths: 8
Furnished: N
Rent: 16700
Monthly Total: 16700
Property Features
Parking Info: Uncovered
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; Ctnl
Listing Type: ER
Documents
Flyer ›Listing Office: Santa Barbara Brokers, Inc.
Last Updated: April - 24 - 2024
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