DRE# 01440068, DRE# 02037359, DRE# 02047418

410 Micheltorena St

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410 Micheltorena St, Santa Barbara, California 93101 (Pending Sale)

$5,285,000

  • 12 units

This recently updated 12+ unit Downtown Santa Barbara multi-family investment generates a great return but still has room to grow in rental income. This beautiful property conveniently located near highways and downtown features a 12,014 square foot building with 16 covered parking spaces, onsite laundry, and lovely landscaped grounds . New flooring, updated kitchens/baths, fresh paint and close to market rents with room to grown makes this an excellent opportunity!! There is an assumable loan of approximately $3,200,000 at 3.8%!

410 W. MicheltorenaMultifamily opportunity410 W MicheltorenaSonrisa AparmentsCourtyardGreat details12+ unitsRenovatedUnit 12 entryUnit 12 KitchenUnit 12 bedroomUnit 12 BathroomUnit 9A entryUnit 9A countersUnit 9A eat in kitchenUnit 9A bathUnit 9A vanityUnit 4 EntryUnit 4 KitchenUnit 4 bedroomUnit 4 walk in closetUnit 4 BathroomAwesome investmentLovely LandscapingFruit TreesOutstanding complex!

Property Details

Year Built
1968
Total Units
12
Stories
2.0
Lot Sq. Ft.
15552.00
Neighborhood
15 or 20 - Downtown
Refrigerators
14.00
Condition
Excellent
Amenities
220V, Cable TV, Dryer, Fncd Prt, Ovens/Bltin, Patio, Refrigerator, Washer
Laundry
Room
Parking
Detached
Parking Spaces
17.00
Heating/Cooling
Heat Other
Foundation
Other
Security
Smoke Detc
Proximity
Near Bus, Near Hospital, Near Park(s), Near Shopping
Zoning
Other
Terms
Cash, Ctel, Ctnl
Elementary Schools
Peabody
Jr. High Schools
S.B. Jr.
High Schools
S.B. Sr.

MLS #18-3879 | Listed by Goodwin & Thyne Properties on 10/25/2018 | Information updated 11/8/2019 4:00 PM PST | Status: Pending

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