Bought with Non Member • Non-member Office
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Key Details
Sold Price $1,120,000
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 5,063 sqft
Price per Sqft $221
MLS Listing ID CRPI21133029
Sold Date 09/23/21
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2006
Lot Size 10,454 Sqft
Property Description
Incredible opportunity to own a high yielding multi-family property without needing commercial financing. This 4-unit complex is currently earning a $73,200 gross annual income (rents are lower than current market value). The front house is a 2-bedroom, 1 bath home with an attached 2-car garage. The home has been remodeled and impeccably cared for. The rear tri-plex was just built in 2005. Each unit is a 3-bedroom, 2.5-bathroom home with an attached 2-car garage. There is shared laundry on-site for the tri-plex and the front house has washer/dryer hook-ups in the garage. This stunning property is owned by the family of a local, very reputable contractor! The owners built the tri-plex, garage for the front house and remodeled the front home. The quality and care shine in every aspect of this 4-unit property. Absolutely turn-key and ready for an investor or owner occupant that wants to make additional income.
Location
State CA
County Santa Barbara
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Common Area, In Garage
Exterior
Parking Type Converted Garage, Other
Building
Lot Description Level, Other, Front Yard
Water Public
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