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$3,495,000
Est. payment /mo
5,428 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,428 sqft
Price per Sqft $643
Subdivision 15 Or 20 - Downtown
MLS Listing ID 25-2843
Year Built 1977
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 15246.0
Source Santa Barbara Multiple Listing Service
Property Description
Incredible multifamily opportunity in the heart of Santa Barbara. This substantial fourplex features a desirable mix of single-level and townhouse-style residences, each offering 3 bedrooms, 2 bathrooms, a fireplace, and dedicated carport parking. Ideally situated just blocks from the Santa Barbara Bowl and moments from downtown, the property benefits from strong tenant demand and broad renter appeal. Units A, B, and C are now vacant, creating a rare opportunity to reposition for prime market-rate rents or pursue an owner-user setup, while Unit D provides immediate in-place income. An onsite laundry facility adds convenience and enhances operational efficiency. With meaningful upside potential in a supply-constrained market, this offering stands out as a compelling investment property.
Location
State CA
County Santa Barbara
Community 15 Or 20 - Downtown
Interior
Laundry Laundry Room
Building
Lot Description Near Public Transit
New Construction No
Others
Tax ID 029-313-001
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Virtual Tour https://my.matterport.com/show/?m=3WpsU3byW7a&mls=1
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Listed by Goodwin & Thyne Properties
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900