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Key Details
Sold Price $2,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 219106135DA
Sold Date 03/25/24
HOA Y/N No
Lot Size 6,098 Sqft
Property Description
Exciting news! This West Beach 6-unit property is now available at a significantly improved price of $2,895,000! Don't miss out on this incredible opportunity. First time on market in over 30 years! Don't miss the opportunity to make this West Beach 6 unit property yours. Imagine the possibilities. Bring your vision and ideas. The present unit mix includes (1) 2BD/1BA and (5) 1BD/1BA units. Additionally, the property has 4 covered parking spaces, a shared laundry room, and a sundeck. Current rents are below market. This property is just blocks away from the beach and minutes from downtown, the Funk Zone, Stearns Wharf, and more. The 2BD unit to be delivered vacant at close. As of 2/1/2024, there were other West Beach 1BD/1BA rentals being advertised with asking rents at or above $2995. Buyer to investigate and satisfy self as to actual potential market rents and all local and state laws regarding tenant protections.Please do not disturb the occupants.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Zoning R-4
Interior
Cooling None
Flooring Carpet
Fireplace No
Exterior
Garage Other
Community Features Park
View Y/N No
Parking Type Other
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 033033017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692