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605 W Canon Perdido St

Santa Barbara, CA 93101
  • $3,500,000
  • STATUS: Active
  • ON SITE: 2 days
  • MLS #: 21-2100
New On Site 2 Days Ago
UPDATED: 67 min ago
$3,500,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Information

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

Description

Pride of ownership residential income property, comprised of 6 one bedroom bungalows and above garage studio. Offered for sale for the first time in over 35 years. Located within minutes to downtown Santa Barbara, area beaches and SBCC. Numerous upgrades, offering individual patios for one bedroom units, laundry hook-ups, five garages and additional off-street parking. Strong and consistent rental history/demand.Property is being offered at a 4% cap rate. An ideal income-producing asset, located in one of the most sought after locales in the world.

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© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-06-12T21:46:55.647. 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 2021-06-12T21:46:55.647.
www.searchsbhomes.com/homes/118073141
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605 W Canon Perdido St Santa Barbara, CA 93101

  • Price: $3,500,000
  • Status: Active
  • Updated: 67 min ago
  • MLS #: 21-2100
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
20 - Westside
County:
Santa Barbara
Area:
SB/West of State
Elementary School:
Mckinley
Middle School:
Lacumbre
High School:
San Marcos
Property Description
Pride of ownership residential income property, comprised of 6 one bedroom bungalows and above garage studio. Offered for sale for the first time in over 35 years. Located within minutes to downtown Santa Barbara, area beaches and SBCC. Numerous upgrades, offering individual patios for one bedroom units, laundry hook-ups, five garages and additional off-street parking. Strong and consistent rental history/demand.Property is being offered at a 4% cap rate. An ideal income-producing asset, located in one of the most sought after locales in the world.
Exterior Features

Parking Information Gar #5GaragesMixedUnc #5Uncovered

Interior Features

Amenities Fncd PrtPatio Floor Window Coverings CarpetWood/Laminate Heating Cooling Ceiling Fan(S)ElecWall Laundry Unit Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 0.00 Unit2 Half Baths 0.00

Property Features

Condition Excellent Contingent Remarks Slr 2 PurchaseSubj 2 Inspect Cross Street San Andres Deposit 3.00 Foundation MixedSlab Income Expenses Annual Income 191700.00 Income Expenses Capitalization Rate 4 Income Expenses Total Monthly Income 15975.00 Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Pets Yes Proximity Near BusNear HospitalNear OceanNear Park(S)Near School(S)Near Shopping Public Listing Details Agt Related Prncpl Security Security CameraSmoke Detc Terms Ctnl Unit1 Furnished No Unit1 Monthly Total 14075.00 Unit1 Rent 14075.00 Unit1 Units 6.00 Unit2 Monthly Total 1900.00 Unit2 Rent 1900.00 Unit2 Units 1.00 Zoning Cla

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 2021-06-12T21:46:55.647. 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 2021-06-12T21:46:55.647.
 
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Chris Gregoire & Chad Beuoy Real Estate | Compass
1101 Coast Village Road
Montecito CA, 93108
Listing provided courtesy of Compass.