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 Details
Price:
$1,895,000
MLS #:
V1-22792
Status:
Active
Baths:
0
Address:
1232 Quinientos Street
Type:
Residential Income
Subdivision:
Santa Barbara: Other
Neighborhood:
vc81santabarbara
City:
Santa Barbara
Listed Date:
Apr 4, 2024
State:
CA
ZIP:
93103
Lot Size:
7,840 sqft / 0.18 acres (approx)
Year Built:
1925
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Schools
Interior
Appliances
Barbecue, Tankless Water Heater
Cooling
Electric, Ductless
Heating
Electric, Ductless
Exterior
Community Features
Biking, Sidewalks, Street Lights, Storm Drains, Hiking, Gutters, Curbs
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Spots
2.00
Pool Features
None
Financial
Association Fee
0.00
Buyer Agent Compensation
2.000
Map
Community
- Address1232 Quinientos Street Santa Barbara CA
- AreaVC81 – Santa Barbara
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93103
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Courtesy of Big Block Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1232 Quinientos Street
Santa Barbara, CA
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