MLS® ID: 19-237

221 W Micheltorena St

SANTA BARBARA, California, 93101

$4,500,000 Pending
  • - SQFT
Incredible opportunity to acquire a significant 10 unit showpiece asset in Downtown Santa Barbara. Close proximity to all Santa Barbara has to offer including State Street, Funk Zone, and Beaches. Every unit has the quintessential look and feel of early 1920's Santa Barbara construction. Original wood flooring refinished in rich walnut span the living area in all units. Every unit has a full size bathtub in the bathroom. 8 of the 10 units have a wood burning fireplace. Gorgeous, clean & renovated units along with ample off- street parking and a warm community feeling. This property has historically low turnover and stable market rents. Currently 16 total tenants on the property, all with 1-year CAR leases extending into mid 2020.
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Listing courtesy of Alpha Investment Management

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    93101
  • Office name
    Alpha Investment Management
  • Elementary school
    Peabody
  • Junior high
    S.B. Jr.
  • High school
    S.B. Sr.
  • Year built
    1928
  • Lot size
    16988.00
  • Agent name
    Brody Loring
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Year Built Range
    1989 (and earlier)
  • Office ID
    199501757
  • Agent ID
    199504114

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