830-840 E Figueroa Street, Santa Barbara, CA 93103

$2,040,000
1,609
SqFt
Sold Price
$2,040,000
List Price
$2,295,000
Status
CLOSED
MLS#
18-4292
Closing Date
Apr 12, 2019
Living Area
1,609
Lot Size
6,969
Region
SB/EAST OF STATE
Year Built
2002

Property Description

Great investment opportunity or owner/occupant property purchase with income, right on the border of Santa Barbara's American Riviera. This offering includes a 3bed/2bath 2-story Victorian home built in 2002 and a 2-story duplex with generous living quarters and kitchens, built in 1887; both units in the duplex are single level. Wonderful ocean views can be seen from the second floor balcony of the Victorian home and also from the spacial upstairs 1bed/1bath unit in the duplex. This charming property is a great opportunity for parents of college students or investors looking to make their first investment in an area with very strong rents and little to no vacancy! The Victorian home has an attached single car garage and a covered parking space. The bottom floor of the duplex is a 2bed/1bath with a private back patio; both duplex units enjoy a 1-car garage. Some recent property upgrades include a new sewer lateral. You can tell from the video how much the tenants love living in this property! Rents are currently moderate.

Additional Information

Elementary School
Franklin
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.16
Amenities
Deck, Fncd Back, Fncd Prt
Annual Income
98400
Condition
Average
Living Area
1,609
Lot Size
6,969
Neighborhood
Upper Eastside
Region
SB/EAST OF STATE
Stories
2
Total Monthly Income
$8,200
Units
3
Zoning
R-3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Sotheby's International Realty. Selling Office: .