Rare opportunity to own investment/income property in the premium student housing market of Isla Vista, Santa Barbara. This property consist of 3 Units - Unit (A) (2 Bed/2 Bath) - Unit (B) (2 Bed/2 Bath) - Unit (C) (Studio) This property features 6 uncovered driveway parking spaces, a shared front patio area and community Coin-Op laundry room in the building. Located a few blocks from UCSB, the beach and restaurants/shops this property is a highly desirable - never vacant rental in the heart of Isla Vista. In addition, there's a significant potential upside in the future as the current rental amounts are below market. Please do not disturb tenants.Scheduled Monthly Income (July 1st, 2024 - June 30th, 2025)Unit A - $3,160.00 (4 tenants)Unit B - $3,160.00 (4 tenants)Unit C - $2,000.00 (2 tenants)Total - $8,320.00
Additional Features
- Wood
- Wall Furnace
- Sprinklers None
- One
- None
- Parking spaces: 6.00
- Listing Status: Active
- Listing Agent: Michael Andrade
(lic# 01921418)
of Ventura Coastal
- Listing Office: Coastal Properties
(lic# 01208634)
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Based on information from CRISNet MLS as of 19th January 2025 at 10:20pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
