Rare opportunity to acquire an asset of this size on the Lower Riviera. Located next to Montecito Country Club, 55 Ocean View Ave. has a unit mix of (2) 1BD/1BA & (9) 2BD/1.5BA townhouse-style units. Many of the apartments have been upgraded with new laminate flooring, granite counters, fixtures, appliances and paint. All 2-bedroom units have outdoor patios and a balcony off of one of the bedrooms upstairs. Laundry room and off-street carport parking. The building’s exterior has undergone extensive woodwork, including fascia replacement, all new energy-efficient LED exterior lighting, paint and drought-tolerant landscaping. Buyer to assume existing loan or pay prepay with pre-approved additional funds available upon lender conditions being met, 47 Ocean, 15 units, View is also available.