970 E Carrillo Road, Santa Barbara, CA 93103
- $1,840,000
- Sold Price
- $1,840,000
- List Price
- $1,950,000
- Status
- CLOSED
- MLS#
- 18-2591
- Closing Date
- Feb 22, 2019
- Lot Size
- 11,761
- Region
- SB/EAST OF STATE
- Year Built
- 1972
Property Description
Rock solid four unit investment property at the base of the Santa Barbara Riviera. Never before on the market, this exceptionally well built and well maintained property was originally constructed by the current owner in the early 1970's. Consisting of two large two unit buildings on a large, approximately 12,000sqft lot, with 7 off-street parking spaces (4 covered spaces, each with storage, as well as 3 uncovered spaces), this trophy property is the epitome of a mid-sized buy-and-hold property here in Santa Barbara. Built from concrete block, roofed with Spanish tile, and floored predominantly in tile, terrazzo and natural stone, the first thing that comes to mind when viewing the property is durability. Classic sandstone walls adorn the northern portion of the lot and give it an old world feel. Once inside, the large, two story units have a decidedly mid-century modern aesthetic. All in a wonderful, in-town location near the Santa Barbara County Bowl. Don't miss this opportunity to be the next long term owner of this legacy investment property.
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Additional Information
- Elementary School
- Franklin
- Middle School
- S.B. Jr.
- High School
- S.B. Sr.
- Acres
- 0.27
- Amenities
- Gas Stove, Washer
- Capitalization Rate
- 4.0
- Condition
- Good
- Lot Size
- 11,761
- Neighborhood
- Riviera/Lower
- Region
- SB/EAST OF STATE
- Stories
- 2
- Total Monthly Income
- $9,025
- Units
- 4
- Zoning
- R-2
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Listing courtesy of Village Properties. Selling Office: .