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Joanne Stoltz

Joanne Stoltz
Coldwell Banker
Santa Barbara, CA 93105

CA BRE#00387433
805-895-7322
Contact Me

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Listing 17 out of 100
$2,300,000 For Sale

1805 Chapala St
Santa Barbara, CA 93101

3 units | Multi Family Home - MLS# 19-316
Property Photo
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Description

Near to downtown's Theater/Arts District and to Cottage Hospital, this 3-unit furnished compound is a rare and valuable investment with owner-user possibilities. 2 adjoining 1-story cottages have been smartly renovated and are lathered in period charm. One cottage is a hard-to-find legal vacation rental (2-BR), the other is a 2-BR plus detached extra bed/bath across a backyard. Either cottage is perfect for a part-time or full-time owner-user. The 3rd unit is a 1-BR in a separate building above a 2-car garage. Whether for attracting top rents from long-term or short-term tenants, and/or for the personal enjoyment of an owner-user investor, the premiere A+ location, favorable land-use and luxury condition all make for an extraordinary real estate opportunity!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Santa Barbara County
  • Zip Code: 93101
  • Year Built: 1951
  • Elementary School: Peabody
  • Middle School: S.b. Jr.
  • High School: S.b. Sr.
  • Units: 3 units
  • # of Parking Spaces: 2.00
  • Zoning: R-4
  • Area: 20 - SB/WEST OF STATE
  • Annual Income: 166870.00
  • Flr/Wdw Coverings: Hardwood, Tile
  • Gross Rent Multiplr: 14.95
  • Income/Expenses: Actual
  • Meters: Sep Meter Elec: Yes
  • Meters: Sep Meter Gas: Yes
  • Parking Info: Gar #2
  • Proximity: Near Bus, Near Hospital, Near Park(S), Near Shopping
  • Refrigerators: 3.00
  • Stoves: 3.00
  • Total Monthly Income: 13900.00
  • Unit 1: 10-Of-This-Type, 20-Bed, 10-Bath, $73000/Mo
  • Unit 2: 10-Of-This-Type, 20-Bed, 10-Bath, $46000/Mo
  • Unit 3: 10-Of-This-Type, 20-Bed, 10-Bath, $20000/Mo
Courtesy of Berkshire Hathaway Home Services California Properties



Joanne Stoltz | 805-895-7322 | Contact Me
3938 State Street - Santa Barbara, CA 93105
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