Santa Barbara & the Santa Ynez Valley and Surrounding Areas

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Offered by:
Santa Ynez Valley Real Estate Company

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15 S Alisos Street
Santa Barbara, CA 93103
MLS# 22000381 ID: 74678062
3 BR • 2 BA • 1438 sq.ft.
$2,395,000
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Property Description
Multi-Family - Santa Barbara, CA Opportunity knocks! Two existing homes with plans to build two more totaling four potential homes on this 0.34ac R-2 lot. Contractor bid of $1,250,000 to complete two more units and five car garage puts the total investment at $3,745,000, averaging $936,250 each with excellent rental potential. Near Trader Joe's on Milpas St., close to East Beach, and near restaurants and hotels - yet set on a quiet street in Santa Barbara. The main house is a classic home with wood floors, large kitchen, three bedrooms, two bathrooms, deck, and air conditioning. The remodeled and updated back house consists of two bedrooms, one bath, a living room, and kitchen with laundry. Plans include two new 1075sf and 1086sf two-bedroom townhomes, five covered garage spaces, and three onsite parking spaces.
Property Features
Status
Days On Market 134 days
Last Updated July 7, 2022
Market Status Available
Description
Property Type Multi Family
Bedrooms 3
Bathrooms 2 full
Approx. Lot Size .34 Acres
Sq. Feet 1438
Building Features
Cooling System Ceiling Fan(s)
Roof Composition Shingle
Central Air
Heating Fuel Natural Gas
Exterior Features
Exterior Construction Stucco
Porch/Deck
Listing Features
Property Type MultiFamily; Multi-Family
Room Details
Additional Areas Bedroom; Bedroom; Bedroom; Full Bath; Full Bath

Data Provided by North Santa Barbara County Regional MLS

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