427 W Islay, Santa Barbara, California 93101

$6,750,000
List Price
$6,750,000
Status
ACTIVE
MLS#
23-2714
Region
SB/WEST OF STATE

Property Description

Sheri Apartments is a 22-unit multi-family building close to downtown Santa Barbara, 4 blocks west of State Street, and 5 blocks south of Santa Barbara Cottage Hospital. Very low cost per unit for Santa Barbara! Originally built in 1968, the property sits on a 16,117 SF lot, and the rentable space is approximately 7,088 SF. Property consists of (2) small 1Bed/1Bath and (20) studio units, all separately metered for electricity and gas. There are 22 uncovered parking spaces and a common laundry area. Property may be purchased with 3963 Via Lucero, a 16-unit apartment building which is also being sold by the same seller.

Additional Information

Elementary School
Other
Middle School
Other
High School
Other
Acres
0.37
Condition
Fair
Foundation
Slab
Laundry
Laundry Room
Listing Type
ER
Parking Info
Uncovered
Proximity
Near Hospital
Region
SB/WEST OF STATE
Terms
Cash, Ctnl
Units
22
Zoning
R-4

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Battaglia Commercial Real Esta.