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Key Details
Sold Price $639,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Sm Northeast(910)
MLS Listing ID PI23218534
Sold Date 04/24/24
HOA Y/N No
Year Built 1945
Lot Size 7,405 Sqft
Property Description
Welcome to this unique real estate opportunity! Nestled on a single expansive lot, this property presents an excellent investment potential as a multi-unit dwelling.The first residence, conveniently located at the front of the property, is a well-appointed 2-bedroom, 1-bathroom home.,This dwelling provides a comfortable and inviting living space, making it an ideal choice for occupants seeking a cozy yet spacious environment. Adding to the property's charm, the second home is discreetly accessed through the alley, ensuring privacy for both units. This secondary dwelling is a studio with 1 bathroom, Excitingly, this property also holds potential for expansion. Prospective buyers may explore the possibility of constructing two additional units on the premises, offering an enticing opportunity for increased rental income or multifamily living. However, it is crucial for new buyers to conduct thorough due diligence and verify the feasibility of such expansion plans with the city authorities. The neighborhood is known for its convenient location, proximity to amenities, Whether you're an investor seeking to maximize rental income or a homeowner looking for a property with supplementary rental income.
Location
State CA
County Santa Barbara
Area Smne - Sm Northeast
Rooms
Ensuite Laundry Gas Dryer Hookup
Interior
Laundry Location Gas Dryer Hookup
Fireplace No
Laundry Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 125122002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML