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Listed by Michael Andrade • Coastal Properties
$1,750,000
Est. payment /mo
4,791 SqFt
UPDATED:
11/12/2024 03:25 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,791 sqft
Price per Sqft $365
MLS Listing ID CRV1-23998
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1962
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
Location
State CA
County Santa Barbara
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Concrete, Laminate, Tile, Vinyl, Wood
Fireplace No
Appliance Gas Water Heater
Laundry Common Area, Inside, See Remarks
Exterior
View None
Parking Type Tandem, Other
Building
Lot Description Other
Water Public
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