Kendrick Guehr
This listing was posted on RealtyWW.
$2,895,000
Home For Sale In Santa Barbara, California
Price:
$2,895,000
BR/BA:
7 BR, 6 BA
Location:
323 W Islay St, Santa Barbara, CA
Description:
Introducing Casa Napoli, a meticulously cared for and recently updated 5-unit apartment building nestled in the vibrant heart of Downtown Santa Barbara. Owned by the same family for nearly 50 years, this property exudes pride of ownership. Offering a spacious 3-bedroom, 2-bathroom unit as well as four 1-bedroom, 1-bathroom units totaling 3, 360sq.ft., Casa Napoli offers versatile living spaces to suit a variety of lifestyles. Tenant amenities include both covered and uncovered parking for residents, as well as a convenient coin-operated community laundry room. A low maintenance asset with recent upgrades to the property including a brand-new roof over both the building and carport, ABS plastic sewer line, modernized plumbing and electrical systems, dual pane windows, and an extensiveinterior renovation throughout all units. A rare opportunity to own one of Santa Barbaras sought after apartment buildings!Current rents total $147, 000 annually (3.68 cap). Total market rents are projected to be $183, 000 annually (4.92 cap). Upon request, the offering memorandum, title report, natural hazards disclosure, reports/inspections and seller disclosures can be provided. Showing by appointment only on 5/3 and 5/8.For more details: https://realtyww.info/homes_santa-barbara-d528428/for-sale_i71311792
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More About this Listing: Home For Sale In Santa Barbara, California
Home For Sale In Santa Barbara, California is a Seven Bedroom 6.5 Bath Single-Family Homes for Sale at 323 W Islay St in Santa Barbara CA. Find other listings like Home For Sale In Santa Barbara, California and listings near 323 W Islay St by searching Oodle Classifieds for Seven Bedroom 6.5 Bath Single-Family Homes for Sale in Santa Barbara CA.
Home For Sale In Santa Barbara, California is a Seven Bedroom 6.5 Bath Single-Family Homes for Sale at 323 W Islay St in Santa Barbara CA. Find other listings like Home For Sale In Santa Barbara, California and listings near 323 W Islay St by searching Oodle Classifieds for Seven Bedroom 6.5 Bath Single-Family Homes for Sale in Santa Barbara CA.