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Description

This well-located house + duplex (3 units total) offers an investor proximity to good employment centers for tenants (i.e. Cottage Hospital), along with easy access for active tenants to downtown Santa Barbara and the area’s many amenities. The front house from the 1920’s has period finishes and hardwood floors, its den has a closet and is used as a 3rd bedroom. The back duplex was built in 1980, each unit is a large 2-BR/1-BA, plus a 2-car garage. This is an ideal property for a starter investor, or as an alternative for an owner-occupant in the front home to build wealth much faster by adding the paid-for rental duplex. Rents and financial metrics shown are actual and are not reflective of market rents, see Offering Memorandum under Documents for market and pro-forma projections.

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    Ken Switzer

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    • Ken Switzer
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