CA > Santa Barbara > 15 - Riviera-Lower
Santa Barbara, CA 93103,622 & 630 E Victoria St
Santa Barbara, CA 93103,622 & 630 E Victoria St
Santa Barbara, CA 93103,622 & 630 E Victoria St
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$5,850,000
Est. payment /mo
9,672 SqFt
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Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 9,672 sqft

Price per Sqft $604

Subdivision 15 - Riviera/Lower

MLS Listing ID 25-1382

Year Built 1961

Lot Size 0.367 Acres

Acres 0.37

Lot Dimensions 16000.0

Source Santa Barbara Multiple Listing Service

Property Description

Superb opportunity to acquire 16 units in two contiguous and well-maintained 8-unit multifamily properties located at the base of Santa Barbara's Lower Riviera neighborhood. The property's ideal location provides proximity to shopping, restaurants, downtown, multiple parks, and the Santa Barbara Bowl. This number of units in a location of this quality seldom comes available. Both buildings are two-story, garden-style walk-ups that provide an excellent unit mix of 4 X 2BD/1BA units and 12 X 1BD/1BA units. Each building offers large and functional layouts, on-site laundry rooms, good on-site parking and a communal front yard. There are four ground-floor units, two at each property, that enjoy an enclosed
outdoor patio. See ''more'' The properties have been well-maintained by the seller, with several updates to most units. Current rents are approximately 30-44% below market after an owner makes further updates. Please call listing agent for more information and a link to property documents including: Financials, building plans, General Building Inspection, SB721 Inspection, Pest Inspection, Roof Inspection, and Sewer Lateral Inspection.

Location

State CA

County Santa Barbara

Community 15 - Riviera/Lower

Interior

Laundry Laundry Room

Exterior

Parking Features Uncovered

Building

Lot Description Near Public Transit

Foundation Slab

Others

Tax ID 029-142-003

Acceptable Financing Cash, OMC 1st

Listing Terms Cash, OMC 1st

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Listed by Hayes Commercial Group
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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