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410 W MICHELTORENA Street, Santa Barbara, CA 93101 (MLS # 17247766)

Price $6,300,000
Status Active
Beds 0
Baths 0 bath
Home size 9,615 sq ft
Lot Size 16,552 sqft
Days on Market 139
JLL is pleased to present the opportunity to acquire a jewel box multifamily investment comprised of 14 apartments located in idyllic Santa Barbara, one of Southern California's most desirable coastal communities. Located four blocks west of Santa Barbara's State Street and minutes from 101 Freeway entrances, Sonrisa at 410 West Micheltorena St. ("the Property") provides residents with easy access to the vibrant town's highly-acclaimed restaurants, world-renowned cultural attractions, and impressive retail options. Sonrisa is perfectly situated to take advantage of Santa Barbara's robust rental market, which is currently estimated to be above 60% of the population, with residents drawn to "The American Riviera" for its sun-kissed beaches, countless festivals, and ideal Mediterranean climate. The Property features value-add potential through the renovation of original units and represents an excellent multifamily investment in idyllic Santa Barbara.
Property Type(s): Residential Income
Last Updated 7/5/2017 Year Built 1968
Community VC81 - Santa Barbara County Santa Barbara

Additional Details

AIR Electric
AIR CONDITIONING Yes
AREA VC81 - Santa Barbara
GARAGE Carport
LOT 0.3800 acre(s)
STORIES 2
UTILITIES
ZONING R-4

Location

 

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Listing provided by : Patrick Inglis CalBRE:01820680, Patrick Inglis

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Based on information from California Regional Multiple Listing Service, Inc. as of 11/20/17 12:47 PM PST and /or other sources. 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

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