2626 Calle Real, Santa Barbara, CA 93105

2 Unit Apartment Building Offered at $1,525,000 at a 4.34% Cap Rate in Santa Barbara, CA 93105

Asking Price $1,525,000

Property Type: Multifamily
Square Feet: 1,689 SF

Listing Contacts

Property Info

Property Overview

Samarkand duplex comprised of two 845 square foot 2BD/2BA units with a shared 427 SF two-car garage. The property was extensively remodeled in 2012 with new plumbing, electrical, on-demand water heaters, flooring throughout, new kitchens, new bathrooms, new windows, new doors, new appliances, W&D hookups and HVAC.
Price: $1,525,000
Units: 2
Unit Mix: 2 X 2BD/2BA
Building SF: 1,689 SF (845 SF each)
Garage SF: 427 SF
Lot Size: 5,227 SF
Parking: Two-car garage and driveway parking
Laundry: In each unit
HVAC: In each unit
Year Built: 1959, remodeled in 2012
Zoning: RS 7.5
APN: 051-351-007
Gross Rents: $4,200 per unit - $8,400/Month (market)
Cap Rate: 4.34% (market)
GRM: 15.13 (market)

Property Details

Year Built/Renovated: 1959/2012
Stories: 1
Units: 2

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