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REMARKS:

A great opportunity to acquire a property of this size near the Santa Barbara Bowl and just blocks from downtown Santa Barbara. Boastinga walk-up, 2-story building and a nice unit mix of (2) 2-bedroom, 1-bath and (4) 1-bedroom, 1-bath apartments. The property features a newlypainted exterior, a new carport roof, on-site parking, new wrought iron railing, common laundry room, and individual water heaters for eachunit. The upper units include open beam ceilings and two of the apartments have been updated with new vinyl plank flooring, new paint, newcarpet, a new stainless stove/oven, and new wood blinds. With additional upgrades, a new owner can take this building to the next level-there is plenty of upside! The buyer will have the opportunity to assume the existing loan of $875, 000 with a 3.1% interest rate or obtain new financing.

OVERVIEW:

CrossProperty
Active
VC81 - Santa Barbara
1966
7405
Carport Detached, Assigned, Uncovered
See Remarks

FEATURES:

Other

FINANCIAL:

2175000

Broker Reciprocity Courtesy of Radius Group Commercial Real E

 

Based on information from California Regional Multiple Listing Service, Inc. as of 04/26/2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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