Listed by Stephen Epstein - DRE #00994429 - Keller Williams Realty Santa Barbara 805-456-3600
$6,995,000 affordable loan icon Calculate Payment

427 Islay Street Santa Barbara, CA 93101

Down payment assistance icon
Cluster Residence
Beds
22 Baths
7,088 Sq. Ft.
0.37 Acre Lot
Save
Share

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 11/15/2024 11:01 PM

Listing Details

22 Units in the Heart of Santa Barbara. This is an incredible investment opportunity, ideally situated to take advantage of the city's robust rental market. This property features a mix of 1-bedroom, 1-bathroom apartments and cozy studios. A convenient common laundry facility adds to the property's ...appeal for tenants. Recent upgrades too numerous to mention. Ample off-street parking. Priced to deliver a cap rate of over 5, this investment offers both strong cash flow and potential for long-term appreciation. With its prime location near Cottage Hospital and the entire medical district, residents will enjoy easy access to Santa Barbara's dining, shopping, and entertainment, making this property a standout addition to any investor's portfolio. Continue reading
MLS#
24435575
Property Type
Cluster
Status
Bathrooms
Square Feet
7,088 sq. ft
Lot Size
0.37
Stories
2.0
See more listing details   See less listing details  

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

My Drive Time

Enter your work address to view actual drive times with traffic for this property.

Calculate & Save
 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

View More   View Less  
Source: Walk Score®

Mortgage Calculator

How much home can I afford?

Get prequalified today and learn more.

Get Started

Rental Valuation Estimate

rental value icon
Per Month
See More Trends
Listed by Stephen Epstein - DRE #00994429 - Keller Williams Realty Santa Barbara 805-456-3600
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 11/15/2024 11:01 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Prequalify