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1750 Prospect Ave
Santa Barbara, CA 93103
Multifamily Property For Sale
·
2 Units


INVESTMENT HIGHLIGHTS
- total of nine bedrooms and four bathrooms in just under 3,500 square feet
- upper unit consists of approximately 1,746 square feet with elevated views of the city and Pacific Ocean
EXECUTIVE SUMMARY
Perched along Santa Barbara’s coveted Lower Riviera, 1750 Prospect Avenue delivers two spacious units, sweeping city-to-sea vistas, unbeatable proximity to downtown amenities and a total of nine bedrooms and four bathrooms in just under 3,500 square feet. The lower level (Unit A) consists of approximately 1,738 square feet of living space offering a large living room setup, spacious kitchen, a recently updated bathroom, four large bedrooms with closets and a large view deck in the font. The upper unit consists of approximately 1,746 square feet with elevated views of the city and Pacific Ocean, a large living room, a recently updated bathroom, five bedrooms with closets and a rear deck. Both units enjoy their own laundry areas, shared use of the tiered backyard and a two car garage.
This is a great dual-family opportunity or live-in-one/lease-the-other, or hold as a high-demand, view-centric duplex in a blue-chip location.
Price $2,295,000
Unit Mix 4BD/2BA (unit A)
5BD/2BA (unit B)
Unit Size (approx.) 1,738 SF (unit A)
1,746 SF (unit B)
Lot Size (approx.) 6,120 SF
Parking Two-car garage
Laundry Individual for each unit
Zoning R-2
APN 027-141-038
Year Built 1930’s
Current Rent $4,300/mo (unit A)
$4,550/mo (unit B)
Market Rent $4,800/mo (unit A)
$5,500/mo (unit B)
Annual Gross Rents $106,200 (current)1
$123,600 (market)2
Reports Preliminary Title Report, General Building Inspection, Roof Report, Pest Report, Sewer Lateral, Leases, & Financials
To Show CLA
This is a great dual-family opportunity or live-in-one/lease-the-other, or hold as a high-demand, view-centric duplex in a blue-chip location.
Price $2,295,000
Unit Mix 4BD/2BA (unit A)
5BD/2BA (unit B)
Unit Size (approx.) 1,738 SF (unit A)
1,746 SF (unit B)
Lot Size (approx.) 6,120 SF
Parking Two-car garage
Laundry Individual for each unit
Zoning R-2
APN 027-141-038
Year Built 1930’s
Current Rent $4,300/mo (unit A)
$4,550/mo (unit B)
Market Rent $4,800/mo (unit A)
$5,500/mo (unit B)
Annual Gross Rents $106,200 (current)1
$123,600 (market)2
Reports Preliminary Title Report, General Building Inspection, Roof Report, Pest Report, Sewer Lateral, Leases, & Financials
To Show CLA
PROPERTY FACTS
| Price Per Unit | $1,147,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 2 | Building Size | 6,120 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1931 |
| Zoning | R-2 - Two-Unit Residential Zone | ||
| Price Per Unit | $1,147,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,120 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Zoning | R-2 - Two-Unit Residential Zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Hardwood Floors
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