1826 Loma Street, Santa Barbara, CA 93103

$2,920,000
Sold Price
$2,920,000
List Price
$2,995,000
Status
CLOSED
MLS#
21-2854
Closing Date
Nov 09, 2021
Lot Size
6,970
Region
SB/EAST OF STATE
Year Built
1920

Property Description

Incredible opportunity to own 5 units on Santa Barbara's highly coveted Riviera. The property consist of a 4BD/2BA home along with (4) updated 1BD/1BA units at the rear of property. The front home and 2nd story units offer dazzling ocean and city views. While this property checks all of the boxes for a pure investment, it also offers the space for owners to live comfortably in the house while collecting rental income from the 4 units in the back building. The house was tastefully remodeled in 2016 with an all new open floor-plan, new electrical, new plumbing, new bathrooms and new flooring throughout. The property also boasts brand new landscaping and as of October 2021, monthly rent total will be $13,910/Month with tenants paying utilities.

Additional Information

Elementary School
Roosevelt
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.16
Amenities
Deck, Patio
Annual Income
166920
Condition
Good
Lot Size
6,970
Neighborhood
Riviera/Lower
Region
SB/EAST OF STATE
Total Monthly Income
$13,910
Units
5
Zoning
R-4

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Calculator source: Real Geeks

Listing courtesy of Beachside Partners. Selling Office: .