427 W Islay Street Santa Barbara CA 93101 | PI23170398

427 W Islay Street
Santa Barbara, CA, 93101
$6,750,000
Beds
0 Baths
SqFt
0.37 Acres
Sheri Apartments is a 22-unit multi-family building close to downtown Santa Barbara, 4 blocks west of State Street, and 5 blocks south of Santa Barbara Cottage Hospital. Very low cost per unit for Santa Barbara! Originally built in 1968, the property sits on a 16,117 SF lot, and the rentable space is approximately 7,088 SF. Property consists of (2) small 1Bed/1Bath and (20) studio units, all separately metered for electricity and gas. There are 22 uncovered parking spaces and a common laundry area. Property may be purchased with 3963 Via Lucero, a 16-unit apartment building which is also being sold by the same seller.

Property Details

Price:
$6,750,000
MLS #:
PI23170398
Status:
Active
Baths:
0
Address:
427 W Islay Street
Type:
Residential Income
City:
Santa Barbara
Listed Date:
Sep 11, 2023
State:
CA
ZIP:
93101
Subdivision:
Santa Barbara: Other (80)
Lot Size:
16,117 sqft / 0.37 acres (approx)
Year Built:
1968
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JoAnn

JoAnn

Realtor®

Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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Exterior

Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
36-40 Units/ Acre, Cul- De- Sac
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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427 W Islay Street
Santa Barbara, CA