Turnkey Multi-Unit Asset with Strong Cash Flow & Long-Term Upside Presenting an exceptional opportunity to acquire a spacious, income-generating 4-unit complex plus a separate studio - ideally located near UCSB, shopping, beaches, Girsh Park, and the Wells-Elings Marsh Trail. Unit Mix: One 3 bed / 2 bath unit Three 2 bed / 1 bath units One studio unit (unpermitted, for additional income) This well-situated property benefits from Section 8 tenants, offering: -Reliable rental income -High demand with reduced vacancy risk -Longer tenant retention and stability With projected gross annual income of approx. $180,000 (based on upcoming rent increases effective August 1, 2025), this investment offers both solid current returns & long-term upside. Please do not disturb tenants.
Copyright © 2025 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing ag...
Copyright © 2025 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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