>>>>>>>>>>>>>>>>>>>>>>>>>alt=”427 W Islay Street [0]” >alt=”427 W Islay Street [1]” >alt=”427 W Islay Street [2]” >alt=”427 W Islay Street [3]” >alt=”427 W Islay Street [4]” >alt=”427 W Islay Street [5]” >alt=”427 W Islay Street [6]” >alt=”427 W Islay Street [7]” >alt=”427 W Islay Street [8]” >alt=”427 W Islay Street [9]” >alt=”427 W Islay Street [10]” >alt=”427 W Islay Street [11]” >alt=”427 W Islay Street [12]” >alt=”427 W Islay Street [13]” >alt=”427 W Islay Street [14]” >alt=”427 W Islay Street [15]” >alt=”427 W Islay Street [16]” >alt=”427 W Islay Street [17]” >alt=”427 W Islay Street [18]” >alt=”427 W Islay Street [19]” >alt=”427 W Islay Street [20]” >alt=”427 W Islay Street [21]” >alt=”427 W Islay Street [22]” >alt=”427 W Islay Street [23]” >alt=”427 W Islay Street [24]” >22 Units in the Heart of Santa Barbara. This is an incredible investment opportunity, ideally situated to take advantage of the city’s robust rental market. This property features a mix of 1-bedroom, 1-bathroom apartments and cozy studios. A convenient common laundry facility adds to the property’s appeal for tenants. Recent upgrades too numerous to mention. Ample off-street parking. Priced to deliver a cap rate of over 5, this investment offers both strong cash flow and potential for long-term appreciation. With its prime location near Cottage Hospital and the entire medical district, residents will enjoy easy access to Santa Barbara’s dining, shopping, and entertainment, making this property a standout addition to any investor’s portfolio.
Courtesy of Keller Williams Realty Santa Barbara. 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 2025. California Regional Multiple Listing Service. All rights reserved.
