Listing provided by: Stephen Epstein, Keller Williams Realty Santa Barbara
427 W Islay St
Santa Barbara, CA 93101
$6,500,000
Sold
Overview
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 percent, 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.
...
Beds
Full Baths
0 ft2
0 ft2
Details
General
Stories
Bedrooms
Bathrooms
full
Square footage
0 sq. ft.
Lot size
0 sq. ft.
Pool
No
Year built
1968
Other
Type
House
Listing information
MLS #
24-2981
APN
027081021
Listing provided by
Stephen Epstein, Keller Williams Realty Santa Barbara
Attribution Contact
+18056899339
Status
Sold
Location
Neighborhood
15 Or 20 - Downtown
County
Santa Barbara
427 W Islay St, Santa Barbara, CA 93101
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