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221 W Micheltorena St, SANTA BARBARA
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.
- MLS® #19-237
- Square Footage16,988
- Year Built1928
- TypeResidential Income
- AmenitiesGas Stove, Refrigerator, Fireplace, Cable TV
- Parking Spaces16
- Address221 W Micheltorena St
- Area20 - SB/WEST OF STATE
- Subdivision15 or 20 - Downtown
- CitySANTA BARBARA
- CountySanta Barbara
- Zip Code93101
- HeatingWall, Elec, Baseboard
- MiddleS.B. Jr.
- HighS.B. Sr.
- Listing OfficeAlpha Investment Management
Price Change History for 221 W Micheltorena St, SANTA BARBARA, California (MLS® #19-237)
|Price Reduced (from $5,000,000)||$4,500,000||$500,000 (10.00%)|
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than Village Properties Realtors are marked with the "MLS" logo and detailed information about them includes the name of the listing brokers.
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Listing information last updated on August 25th, 2019 at 9:45am PDT.