1830 De La Vina Street, Santa Barbara, CA 93101
-
Sold Price :
$1,700,000
-
Beds :
4
-
Baths :
4
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Property Size :
2,352 sqft
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Year Built :
1928
Property Description
Prime Multi-Unit Investment Opportunity in Santa Barbara Perfectly situated near Downtown Santa Barbara and Cottage HospitalThis 4 unit residential income property has three-occupied and one-vacant . This property features four 1-bedroom, 1-bathroom units, each with a dedicated off-street parking spot and its own storage unit, enhancing tenant convenience and appeal. The vacant unit is available for immediate showing. Call for Lockbox info Key Features: Rare Opportunity: Multi-family properties in this area are seldom available, particularly those offering both dedicated off-street parking and individual storage units for each tenant. Location: Just 0.7 miles from Santa Barbara Cottage Hospital and 1.4 miles from Downtown Santa Barbara, offering easy access to a variety of local amenities including Trader Joe's, Ralphs Grocery, Handlebar Coffee, and Alice Keck Park Memorial Garden.Property Details: The parcel spans approximately 8,712 SF with a total building size of 2,352 SF plus a 648 SF garage.Financial Overview: Current average monthly gross rents stand at 8,840 with a potential increase to 9,568 per month under AB 1482. The property offers a strong CAP rate with potential growth, making it a solid investment opportunity.Nearby Attractions: Tenants will enjoy the proximity to waterfront and State Street in the vibrant heart of Santa Barbara, making this property a sought-after rental option.
Interior Features
| Bedroom Information |
| Bedrooms |
4 |
| Bathroom Information |
| Bathrooms |
4 |
| Flooring Information |
| Material |
Laminate, Wood |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1830 De La Vina Street |
| City |
Santa Barbara |
| State |
CA |
| Zip |
93101 |
| County |
Santa Barbara |
| Listing Agent |
Jody Neal DRE #01995725 |
| Courtesy Of |
Berkshire Hathaway HomeServices California Properties |
| Close Price |
$1,700,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
2,352 |
| Lot Size |
8,712 |
| Year Built |
1928 |
Listing information courtesy of: Jody Neal, Berkshire Hathaway HomeServices California Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2024 at 7:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
