$2,750,000
$3,000,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 09/26/2024
Key Details
Sold Price $2,750,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision 05 - Summerland
MLS Listing ID 24-2622
Sold Date 09/26/24
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 12196.8
Source Santa Barbara Multiple Listing Service
Property Description
Discover an exceptional 9-unit property in the highly sought-after coastal zone of Summerland, offering an unparalleled investment opportunity with stunning south-facing ocean views from every unit. This distinctive property includes:
Six Spacious Two-Bedroom, One-Bath Units: Each featuring open floor plans that maximize natural light and breathtaking ocean vistas with decks for entertaining. Two Charming One-Bedroom Units: Both with delightful private patios, perfect for relaxing and enjoying the serene surroundings. One Cozy Studio: Complete with its own private patio, adding to the property's diverse living options. Residents and guests will appreciate the ample parking provided by 13 uncovered spaces, and the shared common laundry area enhances convenience. Centrally located, this property is just a short stroll from downtown Summerland's vibrant restaurants, boutique shops, and the pristine Summerland Beach. This investment opportunity boasts incredible upside potential and will be delivered with tenants in place, ensuring immediate rental income. Don't miss out on owning a prime piece of coastal real estate with unrivaled ocean views and an exceptional location in Summerland.
**** PLEASE DO NOT GO ON PROPERTY WITHOUT AN APPOINTMENT ****
Location
State CA
County Santa Barbara
Community 05 - Summerland
Interior
Heating Other
Laundry Laundry Room
Building
Lot Description Near Public Transit
Foundation Mixed, Raised
New Construction No
Others
Tax ID 005-149-010
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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