501 E Micheltorena St

    Santa Barbara, CA 93103
    • $1,375,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 19-3524
    Price Reduced
    UPDATED: 54 min ago
    $1,375,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Information

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

    Description

    Ideally located in the beautiful upper-eastside of Santa Barbara, this Duplex is fully entitled to become one of Santa Barbara's premiere assets. Located on the corner of Micheltorena and Olive Street, the property currently sits as a Duplex offering (2) 1BD/1BA fully remodeled units that currently bring in approx $56,000/Year. The fully approved new (4) unit development provides an ideal unit mix and layout made up of (1)Studio 405 SF, (1) 2BD 828 SF, (1) 1BD 910 SF, and (1) 3BD 1,421 SF. The new units will not only be in a premiere location with ocean views, but will offer ideal layouts for future tenants or owners with beautiful balconies, versatile floor-plans, outdoor amenities and garages.

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    © 2019 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2019-11-11T17:47:00.847. 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 2019-11-11T17:47:00.847.
    www.searchsbhomes.com/homes/99926605

    501 E Micheltorena St Santa Barbara, CA 93103

    • Price: $1,375,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 19-3524
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1937
    Built
    Neighborhood:
    15 - Upper Eastside
    County:
    Santa Barbara
    Area:
    SB/East of State
    Elementary School:
    Roosevelt
    Middle School:
    S.B. Jr.
    High School:
    S.B. Sr.
    Property Description
    Ideally located in the beautiful upper-eastside of Santa Barbara, this Duplex is fully entitled to become one of Santa Barbara's premiere assets. Located on the corner of Micheltorena and Olive Street, the property currently sits as a Duplex offering (2) 1BD/1BA fully remodeled units that currently bring in approx $56,000/Year. The fully approved new (4) unit development provides an ideal unit mix and layout made up of (1)Studio 405 SF, (1) 2BD 828 SF, (1) 1BD 910 SF, and (1) 3BD 1,421 SF. The new units will not only be in a premiere location with ocean views, but will offer ideal layouts for future tenants or owners with beautiful balconies, versatile floor-plans, outdoor amenities and garages.
    Exterior Features

    Parking Information Gar #2Garages Parking Spaces 2.00

    Interior Features

    Amenities Cable TvDishwasherDisposalFncd BackGas StovePatio Floor Window Coverings CarpetHardwoodTile Heating Cooling Ceiling Fan(S)Wall Laundry Unit Refrigerators 2.00 Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 1.00 Unit2 Half Baths 0.00

    Property Features

    Condition ExcellentGood Cross Street Olive Deposit 3.00 Exchange Poss Foundation Raised Income Expenses Actual Income Expenses Total Monthly Income 4800.00 Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Proximity Near BusNear Park(S)Near School(S)Near Shopping Public Listing Details None Reports Available LeasesNhdOtherPrelim Security Smoke Detc Stoves 2.00 Terms CashCtnl Unit1 Lease Unit1 Furnished No Unit1 Monthly Total 2400.00 Unit1 Rent 2400.00 Unit1 Units 1.00 Unit2 M/M Unit2 Monthly Total 2400.00 Unit2 Rent 2400.00 Unit2 Units 1.00 Zoning R-3

    Listing information © 2019 Santa Barbara MLS
    Listing provided courtesy of Beachside Partners.



    © 2019 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2019-11-11T17:47:00.847. 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 2019-11-11T17:47:00.847.
     
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    Listing provided courtesy of Beachside Partners.