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$1,750,000
Est. payment /mo
5 Beds
5 Baths
4,791 Sqft Lot
UPDATED:
11/22/2024 03:47 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-23998
Bedrooms 5
HOA Y/N No
Lot Size 4,791 Sqft
Property Description
Rare opportunity to own investment/income property in the premium student housing market of Isla Vista, Santa Barbara. This property consist of 3 Units - Unit (A) (2 Bed/2 Bath) - Unit (B) (2 Bed/2 Bath) - Unit (C) (Studio) This property features 6 uncovered driveway parking spaces, a shared front patio area and community Coin-Op laundry room in the building. Located a few blocks from UCSB, the beach and restaurants/shops this property is a highly desirable - never vacant rental in the heart of Isla Vista. In addition, there's a significant potential upside in the future as the current rental amounts are below market. Please do not disturb tenants.Scheduled Monthly Income (July 1st, 2024 - June 30th, 2025)Unit A - $3,160.00 (4 tenants)Unit B - $3,160.00 (4 tenants)Unit C - $1,800.00 (2 tenants)Total - $8,120.00
Rare opportunity to own investment/income property in the premium student housing market of Isla Vista, Santa Barbara. This property consist of 3 Units - Unit (A) (2 Bed/2 Bath) - Unit (B) (2 Bed/2 Bath) - Unit (C) (Studio) This property features 6 uncovered driveway parking spaces, a shared front patio area and community Coin-Op laundry room in the building. Located a few blocks from UCSB, the beach and restaurants/shops this property is a highly desirable - never vacant rental in the heart of Isla Vista. In addition, there's a significant potential upside in the future as the current rental amounts are below market. Please do not disturb tenants.Scheduled Monthly Income (July 1st, 2024 - June 30th, 2025)Unit A - $3,160.00 (4 tenants)Unit B - $3,160.00 (4 tenants)Unit C - $1,800.00 (2 tenants)Total - $8,120.00
Rare opportunity to own investment/income property in the premium student housing market of Isla Vista, Santa Barbara. This property consist of 3 Units - Unit (A) (2 Bed/2 Bath) - Unit (B) (2 Bed/2 Bath) - Unit (C) (Studio) This property features 6 uncovered driveway parking spaces, a shared front patio area and community Coin-Op laundry room in the building. Located a few blocks from UCSB, the beach and restaurants/shops this property is a highly desirable - never vacant rental in the heart of Isla Vista. In addition, there's a significant potential upside in the future as the current rental amounts are below market. Please do not disturb tenants.Scheduled Monthly Income (July 1st, 2024 - June 30th, 2025)Unit A - $3,160.00 (4 tenants)Unit B - $3,160.00 (4 tenants)Unit C - $1,800.00 (2 tenants)Total - $8,120.00
Location
State CA
County Santa Barbara
Area Goleta (93117)
Zoning Public Rec
Exterior
Fence Other/Remarks
Roof Type Rock/Gravel
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $3,160
Listing Terms Cash, Conventional
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Listed by Rules Manager • Coastal Properties
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