22-Unit Apartment Property at 427 W Islay St, Santa Barbara, CA

$6,750,000
Property Photo Sold
427 W Islay St OM BCRE

Property Details

0 0 0 Multi-Family

427 W Islay St, Santa Barbara, California 93101

Description:

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) 1Bed/1Bath and (20) Studio units, all separately metered for electricity and gas. There are 22 uncovered parking spaces and a common laundry area.