Active
323 W Islay Street
SANTA BARBARA CA, 93101
$2,500,000
$744.05 per sqft
Active
7 Beds
6 Baths
3,360 sqft
Residential
Built in 1962
Courtesy of Kendrick K Guehr, Keller Williams Realty Santa Barbara
Recently updated 5-unit apartment building located in Downtown Santa Barbara. Owned by the same family for nearly 50 years, this property exudes pride of ownership. Offering a beautiful 3-bedroom, 2-bathroom unit (great owners' unit) as well as four 1-bedroom, 1-bathroom units totaling 3,360 sq. ft., Casa Napoli offers versatile living spaces to suit a variety of lifestyles.
Tenant amenities include both covered and uncovered parking for residents, as well as a convenient coin-operated community laundry room. A low maintenance asset with recent upgrades to the property including a brand-new roof over both the building and carport, ABS plastic sewer line, modernized plumbing and electrical systems, dual pane windows, and extensive interior renovations throughout all units. Current rents are under market and total $147,000 annually. Total market rents are projected to be $190,800 annually. Upon request, the offering memorandum, title report, natural hazards disclosure, reports/inspections and seller disclosures can be provided. Showings will be May 15th and 22nd by appointment only. Do not disturb occupants.
24-1341
MLSⓇ ID
April 29, 2024
Listed
May 15, 2024
Updated
Map
323 W Islay Street
SANTA BARBARA CA, 93101
Interior Features
Bedrooms
7
Total Bathrooms
6
Full Bathrooms
6
Laundry Description
Laundry Room
Floor Description
Carpet, Tile, Wood/Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
GFA
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Near Public Transit
School Information
High School
S.B. Sr.
Elementary School
Peabody
Other Property Details
Area Name
20 - SB/WEST OF STATE
Days on Market
17
Garage
No
Parking
Cpt 4, Unc 2
Parking Total
6
View
No
County
Santa Barbara
Pool
No
Zoning
Other, R-4
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
5/10/2024 | Price Change | $2,500,000 -14% |
Listed by Keller Williams Realty Santa Barbara, Kendrick K Guehr,
Listing Contact: [email protected]
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Data last updated 9:41 PM UTC, 5/15/2024