Property Photo: 428 State Street CA 93101

Listing Courtesy of: Santa Barbara Association Of Realtors / Berkshire Hathaway Homeservices California Properties

428 State Street Santa Barbara, CA 93101

Active (96 Days)

$1,995,000

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Description

Great Owner/User opportunity to live in the residential unit & collect over $7,000/month from the downstairs retail tenant (1,550 SF) who has over 4 years remaining on its lease term. The upstairs residential unit is a 930 SF, 1 bdrm, 1 bath unit in excellent remodeled condition with amazing views of the Riviera and Mountains. Additionally, the residential unit could possibly be a nice Vacation Rental. The Property is very well located in Santa Barbara's downtown core close to many popular amenities, w/ an abundance of amenities in the immediate vicinity. Other highlights include close proximity to the Gateway of the City's new $11M underpass project integrating
beach/Stearns Wharf & Funk Zone to the downtown core and brand new 76 unit apartment building.

MLS #:
24-1850

Lot Size
1,742 SQFT

Type
Multifamily

Year Built
1930

County
Santa Barbara County

Listed By

Mitch Stark, Berkshire Hathaway Homeservices California Properties

Source
Santa Barbara Association Of Realtors
Last checked Sep 8 2024 at 4:13 AM PDT

Bathroom Details

Interior Features

Laundry: In Unit

Subdivision

15 Or 20 - Downtown

Property Features

Foundation: Slab

School Information

Elementary School: McKinley
Middle School: S.b. Jr.
High School: S.b. Sr.

Parking

Unc #1

Location

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

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Disclaimer: Copyright 2024 Santa Barbara Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/7/24 21:13