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949 Cheltenham Rd
Santa Barbara, CA 93105
TwoOceanViewHomes.com · Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Incredible Views
- South Facing
- Single Level
EXECUTIVE SUMMARY
2 Homes on 3 parcels. Ideal Candidate for Family Compound, Investment Property or Live in one and rent the other.
PROPERTY FACTS
| Price Per Unit | $1,530,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.52 AC |
| Cap Rate | 3.30% | Building Size | 2,964 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2023 |
| Apartment Style | Single-Family Home | Parking Ratio | 1.35/1,000 SF |
| Zoning | 7-R-1 - Residential | ||
| Price Per Unit | $1,530,000 |
| Sale Type | Investment |
| Cap Rate | 3.30% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 2,964 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2023 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | 7-R-1 - Residential |
AMENITIES
SITE AMENITIES
- Spa
- Gas Range
- Pet Play Area
- Trash Pickup - Curbside
- Individual Leases Available
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $8,500 | 1,706 |
| 2+1 | 1 | $4,500 | 856 |
PROPERTY TAXES
| Parcel Number | 023-141-004 | Improvements Assessment | $0 |
| Land Assessment | $30,779 | Total Assessment | $30,779 |
PROPERTY TAXES
Parcel Number
023-141-004
Land Assessment
$30,779
Improvements Assessment
$0
Total Assessment
$30,779
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