15 W Islay ST Street Pending

Santa Barbara,CA 93101

$ 2295000

- Bed

0 Bath

3453 SqFt


Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 3,453 sqft

Price per Sqft $664

MLS Listing ID 25-3289

Year Built 1920

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 7405.0

Source Santa Barbara Multiple Listing Service

Property Description

Opportunity to Own a Prime SB Multi-Family Asset w/ Major Upgrades & Future Value-Add Potential. 15 W. Islay St. features a 1920s duplex w/ (2) 1BD/1BA units & a 1963 triplex w/ (1) 2BD/1BA + (2) 1BD/1BA units, w/ upstairs tenants enjoying a shared balcony. Ideally located between Downtown & Upper State, residents benefit from easy freeway access & nearby shopping, dining & entertainment. Substantial recent upgrades provide a well-maintained asset in a strong rental market. Added value exists through rental upside & the City's ADU program. Current ownership has submitted plans to convert the carport into a Jr. ADU, plus potential for 2 detached ADUs at the rear.

Location

State CA

County Santa Barbara

Exterior

Parking Features Carport,Uncovered

Building

Lot Description Near Public Transit

Others

Tax ID 027-101-006

Acceptable Financing Cash,Ctnl

Listing Terms Cash,Ctnl

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