$2,000,000
$2,600,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
10,018 Sqft Lot
SOLD DATE : 09/25/2025
Key Details
Sold Price $2,000,000
Property Type Single Family Home
Sub Type Home/Estate
Listing Status Sold
Purchase Type For Sale
Subdivision 30 - Ellwood/Santa Barbara Shores
MLS Listing ID 25-2259
Sold Date 09/25/25
Style Apt Style
Bedrooms 9
Full Baths 5
Half Baths 5
Year Built 1968
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 10018.8
Property Sub-Type Home/Estate
Source Santa Barbara Multiple Listing Service
Property Description
Turnkey multi-unit asset with strong cash flow and long-term upside! Spacious 4-unit complex (one 3 bed/2 bath, three 2 bed/1 bath) plus a separate studio (unpermitted, for extra income), ideally located near UCSB, shopping, beaches, Girsh Park, and the Wells-Elings Marsh Trail. Section 8 status ensures steady income, high demand, low turnover, and low vacancy. Projected gross annual income approx. USD180,000 (rent increases Aug 1, 2025). Property has potential for an ADU. Please do not disturb tenants.
Location
State CA
County Santa Barbara
Community 30 - Ellwood/Santa Barbara Shores
Interior
Laundry Laundry Room
Building
Lot Description Near Public Transit
Foundation Slab
Architectural Style Apt Style
New Construction No
Others
Tax ID 073-200-014
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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