707 Colina, Santa Barbara, California 93103

$8,200,000
List Price
$8,200,000
Status
ACTIVE
MLS#
21-1255
Lot Size
31,363
Region
SB/EAST OF STATE
Year Built
1971

Property Description

Perched on a lush hilltop on Colina Lane, this prime lower Riviera asset,comprising five (5) townhome duplexes, represents a prime opportunityto purchase an investment property that has not been on the market in50 years. Each of the 10 units boasts an ocean view and is surrounded bylush gardens, giving the complex a very private feel. The approx. .75-acre,well-kept property is surrounded by multi-million dollar homes, juststeps from the Santa Barbara Bowl. Made up of nine (9) 2BD/1.5BA andone (1) 3BD/2.5BA units, the rental base is ideal for both smaller familiesand professionals. Each unit has covered parking as well as balconies andpatios to enjoy the fresh air and views this location provides.

Additional Information

Elementary School
Other
Middle School
S.B. Jr.
High School
S.B. Sr.
Amenities
Deck
Condition
Excellent
Laundry
Some
Listing Type
ER
Lot Size
31,363
Neighborhood
Riviera/Lower
Parking Info
Carport, Uncovered
Region
SB/EAST OF STATE
Terms
Cash, Ctnl
Units
10
Zoning
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Radius Group Commercial R.E..