221 W Micheltorena St

Santa Barbara, California 93101

$5,000,000 0 Beds 0.0 Baths sq ft MLS# 19-237

About 221 W Micheltorena St

Incredible opportunity to acquire a significant 10 unit showpiece asset in Downtown Santa Barbara. Close proximity to all Santa Barbara has to offer including State Street, Funk Zone, and Beaches. Every unit has the quintessential look and feel of early 1920's Santa Barbara construction. Original wood flooring refinished in rich walnut span the living area in all units. Every unit has a full size bathtub in the bathroom. 8 of the 10 units have a wood burning fireplace. Gorgeous, clean & renovated units along with ample off- street parking and a warm community feeling. This property has historically low turnover and stable market rents. Currently 16 total tenants on the property, all with 1-year leases extending into mid 2019.

221 W Micheltorena St Details

MLS #19-237
Price$5,000,000
StatusPending
Beds0
Baths0.0
Half Baths0
Lot Size16988.0
Zip Code93101
Area20 - SB/WEST OF STATE
Property TypeResidential%20Multi-Unit
Elementary SchoolPeabody
Junior High SchoolS.B. Jr.
High SchoolS.B. Sr.

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Listing Courtesy of Alpha Investment Management
All information is deemed reliable, but is not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Village Properties shall be responsible for any typographical errors, misinformation, or misprints. © 2019 Santa Barbara Multiple Listing Service. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market.
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