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    1532 Castillo St

    Santa Barbara, CA 93101
    • $2,350,000
    • STATUS: Active
    • ON SITE: 23 days
    • MLS #: 21-1917
    UPDATED: 149 min ago
    $2,350,000
    • 7
      BEDS
    • 0.18
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,390
      SQFT
    • $693
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1913
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Compass.

    Description

    A beautifully renovated 1913 Colonial in the heart of Downtown Santa Barbara, 1532 Castillo is an incredibly stable turnkey investment in an A+ location. The fully leased triplex boasts market rents, a strong rental history, low maintenance costs and R-4 zoning. The main house has 5 beds & 3 baths, and has undergone a full renovation, including a new kitchen & bathrooms, all new electrical & plumbing and ductless heat & AC. The detached rear duplex has also undergone a full renovation, and features wood floors, updated kitchens, AC & in-unit laundry. Currently generating $132,000 in rental income annually, the property is being offered at a 4% cap rate. Perfect for an investor looking for an income-producing asset, or an owner/user who wants to live in the front home & rent out the back.

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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-06-19T23:46:50.077. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-06-19T23:46:50.077.
    www.theziagroup.com/homes/117653302
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    1532 Castillo St Santa Barbara, CA 93101

    • Price: $2,350,000
    • Status: Active
    • Updated: 149 min ago
    • MLS #: 21-1917
    7
    Beds
    5
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,390
    SQFT
    $693
    $/SQFT
    1913
    Built
    Neighborhood:
    15 Or 20 - Downtown
    County:
    Santa Barbara
    Area:
    SB/West of State
    Elementary School:
    Peabody
    Middle School:
    S.B. Jr.
    High School:
    S.B. Sr.
    Property Description
    A beautifully renovated 1913 Colonial in the heart of Downtown Santa Barbara, 1532 Castillo is an incredibly stable turnkey investment in an A+ location. The fully leased triplex boasts market rents, a strong rental history, low maintenance costs and R-4 zoning. The main house has 5 beds & 3 baths, and has undergone a full renovation, including a new kitchen & bathrooms, all new electrical & plumbing and ductless heat & AC. The detached rear duplex has also undergone a full renovation, and features wood floors, updated kitchens, AC & in-unit laundry. Currently generating $132,000 in rental income annually, the property is being offered at a 4% cap rate. Perfect for an investor looking for an income-producing asset, or an owner/user who wants to live in the front home & rent out the back.
    Exterior Features

    Parking Garage Cpt #2Unc #2 Roof Composition Style Colonial

    Interior Features

    Appliances Included DishwasherDisposalDryerGas Rnge/CooktopGas StoveRefrigWasher Dining Breakfast BarFormal Fireplaces Lr Floor Window Coverings HardwoodWood Heating Cooling A/C OtherWall Total Bathrooms 5.00

    Property Features

    Affordable Housing No Amenities Remodeled BathRemodeled Kitchen Condition Excellent Cross Street Arrellaga Deposit 3.00 Foundation Pier & Post Laundry In-unitRoom Proximity Near BusNear HospitalNear OceanNear Park(S)Near School(S)Near Shopping Public Listing Details Owner is Licensee Recurring Fees No Reports Available Home InspectionPrelim Source Other/See Remarks Terms CashCtnl Total Number Of Units 3 Type Home/Estate Water Sewer S.B. Wtr Within City Limits Yes Zoning R-4

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of Compass.



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-06-19T23:46:50.077. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-06-19T23:46:50.077.
     
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    The Zia Group | eXp Realty
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Compass.