427 W Montecito St | Santa Barbara, CA 93101
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- LoopNet Team
427 W Montecito St
Santa Barbara, CA 93101
Twilight Apartments · Multifamily Property For Sale
·
19 Units
INVESTMENT HIGHLIGHTS
- Outstanding location in Santa Barbara’s West Beach area
- Very low cost per unit in Santa Barbara
- R4 zoning provides investors flexibility on whether to keep a long term rental or use as student housing or convert to hotel/hospitality
PROPERTY FACTS
| No. Units | 19 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 7,225 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 2.63/1,000 SF |
| Zoning | R4 | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 7,225 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | R4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,950 | - |
| 1+1 | 6 | $2,500 | - |
| Studios | 12 | $2,200 | - |
PROPERTY TAXES
| Parcel Number | 033-022-019 | Improvements Assessment | $3,366,000 |
| Land Assessment | $1,530,000 | Total Assessment | $4,896,000 |
PROPERTY TAXES
Parcel Number
033-022-019
Land Assessment
$1,530,000
Improvements Assessment
$3,366,000
Total Assessment
$4,896,000
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