$1,895,000
Active
35 Days Online
0 Beds0 Baths0 SQFT
Active

1232 Quinientos Street Santa Barbara, CA 93103

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountySanta Barbara
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusActive
  • MLS ID NumberV1-22792
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.18 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Terms CashConventional
  • Stories 1 Story

Interior Features

  • Water Heater Type Tankless
  • Heating Electric

Exterior Features

  • Pool N/K
  • Irrigation N/K

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Monthly Payment (Est.)

$10,178
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