Discover an exceptional opportunity to own three remodeled houses at the base of the Santa Barbara Riviera. With over $150,000 in upgrades completed in the last 30 days, this property offers charm, privacy, and tranquility. Each of the three detached homes - a 2-bedroom, 1-bedroom, and studio - has been meticulously renovated: new flooring, recessed lighting, appliances, air conditioners/heaters, washers/dryers, insulation, electrical(separately metered), plumbing, roofs, ensuring a move-in-ready experience for the new owner Immerse yourself in the serene ambiance of the backyard featuring: mature landscaping, artificial grass, a jacuzzi, and the soothing sounds of a seasonal creek.The potential for a 1031 exchange or owner-occupancy with rental income from the other units makes it a versatile option for buyers.Conveniently located near Montecito, East Beach, and the 101 freeway, you'll easily access Santa Barbara's finest amenities and attractions. With market rents at $11,000 per month, this property promises great income potential for savvy investors.Don't miss out on this gem that seamlessly combines modern upgrades with timeless character.
Property Type(s):
Residential Income
Last Updated
|
4/4/2024
|
Tract
|
Santa Barbara: Other
|
Year Built
|
1925
|
Community
|
Santa Barbara
|
County
|
Santa Barbara
|
Additional Details
AIR |
Ductless, Electric |
AIR CONDITIONING |
Yes |
APPLIANCES |
Barbecue, Tankless Water Heater |
AREA |
Santa Barbara |
BUYER'S BROKERAGE COMPENSATION |
2.000 % |
FIREPLACE |
Yes |
HEAT |
Ductless, Electric |
HOA DUES |
0 |
LOT |
7841 sq ft |
LOT DESCRIPTION |
Sprinklers None |
POOL DESCRIPTION |
None |
STORIES |
1 |
SUBDIVISION |
Santa Barbara: Other |
VIEW |
Yes |
Location
Listed with Big Block Realty, Inc.
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