$4,360,000
Closed

427 W Islay Street

Santa Barbara, CA 93101
0.37 acres | #PI23170398
Listing OfficeSteven Battaglia, Broker
Type:Multi-Family
Structure:House
Zone:Residential

Description

Sheri Apartments is a 22-unit multi-family building close to downtown Santa Barbara, 4 blocks west of State Street, and 5 blocks south of Santa Barbara Cottage Hospital. Very low cost per unit for Santa Barbara! Originally built in 1968, the property sits on a 16,117 SF lot, and the rentable space is approximately 7,088 SF. Property consists of (2) small 1Bed/1Bath and (20) studio units, all separately metered for electricity and gas. There are 22 uncovered parking spaces and a common laundry area. Property may be purchased with 3963 Via Lucero, a 16-unit apartment building which is also being sold by the same seller.

  • Property Details
      • Lot DescriptionItem3640UnitsAcre, CulDeSac
      • Stories2
    • Measurements
      • Acres0.37
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1968
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionSanta Barbara: Other (80)
    • Location
      • CountySanta Barbara
  • Financial Details
      • Original List Price$6,750,000
      • Buying Agency Compensation2.000
  • Other
      • MLS #PI23170398
  • -
      • Garage Spaces0

Location

EPIC Realty GroupEPIC Realty Group