Description
Perched on a lush hilltop on Colina Lane, this prime lower Riviera asset,comprising five (5) townhome duplexes, represents a prime opportunityto purchase an investment property that has not been on the market in50 years. Each of the 10 units boasts an ocean view and is surrounded bylush gardens, giving the complex a very private feel. The approx. .75-acre,well-kept property is surrounded by multi-million dollar homes, juststeps from the Santa Barbara Bowl. Made up of nine (9) 2BD/1.5BA andone (1) 3BD/2.5BA units, the rental base is ideal for both smaller familiesand professionals. Each unit has covered parking as well as balconies andpatios to enjoy the fresh air and views this location provides.Pro Forma rents with minimal upgrades will garner substantial income for investors.
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0BEDS
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0.72ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Perched on a lush hilltop on Colina Lane, this prime lower Riviera asset,comprising five (5) townhome duplexes, represents a prime opportunityto purchase an investment property that has not been on the market in50 years. Each of the 10 units boasts an ocean view and is surrounded bylush gardens, giving the complex a very private feel. The approx. .75-acre,well-kept property is surrounded by multi-million dollar homes, juststeps from the Santa Barbara Bowl. Made up of nine (9) 2BD/1.5BA andone (1) 3BD/2.5BA units, the rental base is ideal for both smaller familiesand professionals. Each unit has covered parking as well as balconies andpatios to enjoy the fresh air and views this location provides.Pro Forma rents with minimal upgrades will garner substantial income for investors.
© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-04-19T17:47:07.673. 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 2021-04-19T17:47:07.673.