USACASanta Barbara1021 San Andres St
1021 San Andres St, Home with 0 bedrooms, 0 bathrooms and 8 parking in Santa Barbara CA | Image 1
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$2,395,000

1021 San Andres St, Santa Barbara, CA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4468 sqft
Garage No
Maintenance Fees $8,112
Taxes 
Days Active 1
Approx. Age 1974
Avg. Price Per Sqft $536
MLS® Number 25-3043

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic cash-flow opportunity at an accessible price point for 5 units in a central Santa Barbara location, a few blocks to downtown and a mile to the beach and Santa Barbara City College. The building orients vertically back from the street for tenant privacy and quiet, and features a good unit mix of 1x3-BR/2-BA, 2x2-BR/2-BA and 2x1-BR/BA. 3 of the 5 units have been nicely updated in the last 2 years, and the property has seen local pride-of-ownership by the same family for nearly 50 years. The current GRM is ~13.2 and if allowed increases on Jan. 1st go into effect, it would drop to ~12.2. Don't miss this chance to get in on the ground floor of Santa Barbara multi-family investing, or complete a 1031 exchange without compromising rate of return! Full Offering Memorandum in DocumentsShow Description
MLS® Number25-3043
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Room
Exposure
Exterior
GarageNo
Approx. Age1974
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGFA
A/C
Heating Fuel

Extras

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