This Multifamily Property is no longer advertised on LoopNet.com.

1416 Laguna St
Santa Barbara, CA 93101
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 2,325 SF
No. Stories 2
Year Built/Renovated 1888/2018
Zoning R-M

About 1416 LAGUNA ST , SANTA BARBARA, CA 93101

Nestled at the base of Santa Barbara’s Lower Riviera in the highly desired Upper Eastside Neighborhood is this pride-of-ownership Victorian Queen Ann-style fourplex, which has been lovingly maintained and cared for by the same owner for nearly 30 years. The property, designated a Structure of Merit by the City, consists of a large 2BD/2BA, a spacious second-floor 1BD/1BA, and two studios. The seller has completed many upgrades to preserve the classic design, original style and architectural integrity of this gem of a property. The current rents are below market, and each unit stands to have its rent increased without any capital expenditure by a new owner. New Price: $1,500,000 Units: 4 Price Per Unit: $375,000 Unit Mix: 2BD/2BA, 1BD/1BA and (2) Studios Lot Size: Approx. 7,405 SF Parking: One-car garage and shared driveway parking Laundry: In the 2BD/2BA unit Zoning: R-M (R-3) APN: 029-022-028 Utilities: Master metered for all utilities Monthly Gross Rent: $7,615 (current), $8,495 (market) To Show: Call listing agent CSO: 2.5%

Property Taxes

Property Taxes

Parcel Number
029-022-028
Land Assessment
$1,020,000
Improvements Assessment
$943,500
Total Assessment
$1,963,500
  • Listing ID: 15899662

  • Date on Market: 4/29/2019

  • Last Updated:

  • Address: 1416 Laguna St, Santa Barbara, CA 93101

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