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    707 Colina Ln

    Santa Barbara, CA 93103
    • $8,200,000
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 21-1255
    UPDATED: 64 min ago
    $8,200,000
    • 0
      BEDS
    • 0.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Radius Group Commercial R.E..

    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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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-07-28T12:46:52.85. 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 2021-07-28T12:46:52.85.
    www.searchsbhomes.com/homes/115846332
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    707 Colina Ln Santa Barbara, CA 93103

    • Price: $8,200,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 21-1255
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.72
    Acres
    1971
    Built
    Neighborhood:
    15 - Riviera/Lower
    County:
    Santa Barbara
    Area:
    SB/East of State
    Elementary School:
    Other
    Middle School:
    S.B. Jr.
    High School:
    S.B. Sr.
    Property 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.
    Exterior Features

    Parking Information CarportUncovered Parking Spaces 12.00

    Interior Features

    Amenities Deck Laundry Some Unit1 Baths 11.00 Unit1 Bedrooms 21.00 Unit1 Half Baths 10.00

    Property Features

    Condition Excellent Cross Street Alta Vista Rd Deposit 3.00 Terms CashCtnl Unit1 Furnished No Unit1 Monthly Total 30025.00 Unit1 Rent 30025.00 Unit1 Units 10.00 Zoning Other

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of Radius Group Commercial R.E..



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-07-28T12:46:52.85. 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 2021-07-28T12:46:52.85.
     
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    Chris Gregoire & Chad Beuoy Real Estate | Compass
    1101 Coast Village Road
    Montecito CA, 93108
    Listing provided courtesy of Radius Group Commercial R.E..