Santa Barbara, CA 93101
$990,000
Property Type: Multi-Family
4 Units
Building Size: 2624 Sq Ft
Lot Size: .14 acres Sq Ft
This is a four-plex, Victorian style building consisting of 2 one-bedroom/one-bath units, 1 two- bedroom/one-bath unit, and 1 studio unit.
Built at the turn of the century, this Victorian home presently offers three one-bedroom flats which can be easily transformed to a 3bd/2.5 bath main residence with attached private ”In-Laws” quarters. The wonderfully restored Victorian Rose is priced to sell & is an amazing opportunity for an investor as a vacation/rental income property or for a homeowner as a main residence w/ income potential.
This property’s best feature is its great location. It is located on a welcoming street lined with new gas lamps, only 3 blocks from downtown shops and restaurants. In addition to constructing a new park in the neighborhood, the city is re-vamping the nearby riverfront which promises to gentrify the area, however the proximity to the river does mean that the property requires flood insurance.
There is definitely “pride of ownership” exhibited at this property. The building exudes a uniquely quaint charm. Maintenance is handled by a long-term tenant living upstairs. This property definitely stands out from its neighborhood peers!