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    524 E Arrellaga St

    Santa Barbara, CA 93103
    • $3,850,000
    • STATUS: Active
    • ON SITE: 7 days
    • MLS #: 20-4501
    UPDATED: 32 min ago
    $3,850,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Beachside Partners.

    Description

    This 6-unit apartment complex is Ideally located in the beautiful upper-east side of Santa Barbara. Unit mix features (3) 2BD/1BA, (2) 1BD/1BA, and (1) 1BD/1BA + Den. The units are spread out over three buildings with a large Victorian style apartment building and two stand alone cottages with multiple units offering fantastic ocean views. There are also six garage spaces and outdoor patios/decks. Beginning in 2017, the property underwent extensive renovations, including a new foundation, new roof, full exterior paint, and a major remodel to five of the six units. As a result, annual maintenance costs are extremely low and the majority of rents are very close to market.

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    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-11-26T15:46:58.96. 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 2020-11-26T15:46:58.96.
    www.theziagroup.com/homes/111987038
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    524 E Arrellaga St Santa Barbara, CA 93103

    • Price: $3,850,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 20-4501
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1935
    Built
    Neighborhood:
    SB/East of State
    County:
    Santa Barbara
    Area:
    SB/East of State
    Elementary School:
    Roosevelt
    Middle School:
    S.B. Jr.
    High School:
    S.B. Sr.
    Property Description
    This 6-unit apartment complex is Ideally located in the beautiful upper-east side of Santa Barbara. Unit mix features (3) 2BD/1BA, (2) 1BD/1BA, and (1) 1BD/1BA + Den. The units are spread out over three buildings with a large Victorian style apartment building and two stand alone cottages with multiple units offering fantastic ocean views. There are also six garage spaces and outdoor patios/decks. Beginning in 2017, the property underwent extensive renovations, including a new foundation, new roof, full exterior paint, and a major remodel to five of the six units. As a result, annual maintenance costs are extremely low and the majority of rents are very close to market.
    Exterior Features

    Parking Information Garages Parking Spaces 6.00

    Interior Features

    Amenities DeckDishwasherFncd AllPatio Floor Window Coverings HardwoodTileWood/Laminate Heating Cooling Wall Laundry Unit Refrigerators 6.00 Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00

    Property Features

    Condition ExcellentGood Cross Street Olive Deposit 3.00 Foundation Mixed Income Expenses Total Monthly Income 17066.00 Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Owner Provides TrashWater Proximity Near BusNear HospitalNear Park(S)Near School(S)Near Shopping Stoves 6.00 Terms CashCtnl Unit1 Furnished No Unit1 Monthly Total 2895.00 Unit1 Rent 2895.00 Unit1 Units 1.00 Zoning R-3

    Listing information © 2020 Santa Barbara MLS
    Listing provided courtesy of Beachside Partners.



    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-11-26T15:46:58.96. 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 2020-11-26T15:46:58.96.
     
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    The Zia Group | Keller Williams Santa Barbara
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Beachside Partners.