Description
Exciting news! This West Beach 6-unit property is now available at a significantly improved price of $2,895,000! Don't miss out on this incredible opportunity. First time on market in over 30 years! Don't miss the opportunity to make this West Beach 6 unit property yours. Imagine the possibilities. Bring your vision and ideas. The present unit mix includes (1) 2BD/1BA and (5) 1BD/1BA units. Additionally, the property has 4 covered parking spaces, a shared laundry room, and a sundeck. Current rents are below market. This property is just blocks away from the beach and minutes from downtown, the Funk Zone, Stearns Wharf, and more. Please do not disturb the occupants. See supplement for additional details. The rents listed for the 1BD/1BA units are the actual current rents. The rent listed for the 2BD/1BA is a projected asking rent with the assumption that unit is updated/renovated prior to being rented. The 2BD unit to be delivered vacant at close. As of 2/1/2024, there were other West Beach 1BD/1BA rentals being advertised with asking rents at or above $2995. Buyer to investigate and satisfy self as to actual potential market rents and all local and state laws regarding tenant protections.
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School Information
Description
Exciting news! This West Beach 6-unit property is now available at a significantly improved price of $2,895,000! Don't miss out on this incredible opportunity. First time on market in over 30 years! Don't miss the opportunity to make this West Beach 6 unit property yours. Imagine the possibilities. Bring your vision and ideas. The present unit mix includes (1) 2BD/1BA and (5) 1BD/1BA units. Additionally, the property has 4 covered parking spaces, a shared laundry room, and a sundeck. Current rents are below market. This property is just blocks away from the beach and minutes from downtown, the Funk Zone, Stearns Wharf, and more. Please do not disturb the occupants. See supplement for additional details. The rents listed for the 1BD/1BA units are the actual current rents. The rent listed for the 2BD/1BA is a projected asking rent with the assumption that unit is updated/renovated prior to being rented. The 2BD unit to be delivered vacant at close. As of 2/1/2024, there were other West Beach 1BD/1BA rentals being advertised with asking rents at or above $2995. Buyer to investigate and satisfy self as to actual potential market rents and all local and state laws regarding tenant protections.
© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-09-15T21:47:15.397. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-09-15T21:47:15.397.