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- LoopNet Team
1416 Laguna St
Santa Barbara, CA 93101
Multifamily Property For Sale
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4 Units

Property Facts
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%
Links
Property Taxes
| Parcel Number | 029-022-028 | Improvements Assessment | $943,500 |
| Land Assessment | $1,020,000 | Total Assessment | $1,963,500 |
Property Taxes
Listing ID: 15899662
Date on Market: 4/29/2019
Last Updated:
Address: 1416 Laguna St, Santa Barbara, CA 93101
The Westside Multifamily Property at 1416 Laguna St, Santa Barbara, CA 93101 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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