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Description Open House Details Location Market Trends Schools Recent Sales Virtual Tour
$2,500,000 Est. $8,892 / mo.*

323 W Islay Street Santa Barbara , CA 93101

Courtesy of Keller Williams Realty Santa Barbara.

Description

7 Beds
6 Baths
3,360 Sqft
6,534 Sqft lot
0.15 Acre lot
Status: Active
Property Type: Home/estate
Year Built: 1962
Neighborhood: 15 Or 20 - Downtown
Days on Website: 16
Recently updated 5-unit apartment building located in Downtown Santa Barbara. Owned by the same family for nearly 50 years, this property exudes pride of ownership. Offering a beautiful 3-bedroom, 2-bathroom unit (great owners' unit) as well as four 1-bedroom, 1-bathroom units totaling 3,360 sq. 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 extensive interior renovations throughout all units. Current rents are under market and total $147,000 annually. Total market rents are projected to be $190,800 annually. Upon request, the offering memorandum, title report, natural hazards disclosure, reports/inspections and seller disclosures can be provided. Showings will be May 15th and 22nd by appointment only. Do not disturb occupants.

Open House

Property Details and Features

Appliances & Equipment
Appliances:
"Refrigerator", "Gas Range", "Electric Range", "Dryer", "Microwave", "Washer"
Bathrooms
6 total bathrooms
6 full bathrooms
Bedrooms
7 total bedrooms
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$2,500,000 - 7Br/6Ba - for Sale in 15 Or 20 - Downtown, Santa Barbara
Virtual Tour

Contact an Agent

Tim Dahl

805 886 2211

Location

$2,500,000 -
323 W Islay Street Santa Barbara , CA 93101
Subdivision Name: 15 or 20 - Downtown

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