Residential Income In Santa Barbara

First Time on the Market in 43 Years! Well-maintained fourplex located in a desirable SB location. The property offers an attractive unit mix consisting entirely of two-bedroom units + currently provides immediate rental or owner-occupancy opportunities w/ 2 vacant units. The carports + carport structure present an excellent opportunity for potential ADU development, subject to city approval and applicable regulations. Significant recent capital improvements, including a new roof, exterior repairs and paint, updated electrical service, plumbing improvements, replacement water heaters, +Unit 1 has been fully remodeled with recent improvements totaling over $50k, help minimize near-term maintenance expenses and enhance the property’s appeal. Delivered with 2 vacant units.