1801 De La Vina St, Santa Barbara, CA 93101 $1,790,000

Status: Closed    MLS# 17-2342

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Property Description

This is a rare opportunity to acquire a property that hasn't been on market in nearly 40 years! Prime downtown location less than two blocks from Mission or State Streets. Featuring (4) 2-bedroom, 1 bath units as well as one unpermitted studio.Throughout its life, property has been operated as 5-unit building.Offers a unique retro feeling with four spacious units that each have access to a one-car garage for great off-street parking. Property also has a shared on-site laundry room that provides additional monthly income. The upper units have open beam ceilings. Rents are extremely below market,lending the opportunity for tremendous upside to the buyer, currently renting 70% of their market value. Within walking distance of all that Santa Barbara has to offer! Please do not disturb tenants!

Property Information
Property Details
MLS ID: #17-2342
Current Price: $1,790,000 
Buyer Broker Compensation: %
Status: Closed
Days on Market: 12
Address: 1801 De La Vina St
City / Zip: Santa Barbara, CA 93101
Area / Neighborhood: Sb/West Of State
Year Built: 1957 
Lot Sq. Ft.: 5,622 Sq.Ft. 
Schools
Elementary School: Other
Jr. High School: Other
Sr. High School: Other
Interior Features
Laundry: Room 
Exterior Features
Misc.
Zoning: R-4 
Location

Listed with Radius Group Commercial R.E.