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In Escrow
For Sale: 16-Unit Apartment Property at 3963 Via Lucero, Santa Barbara, CAPrice: $6,250,000
Property Type: Multi-FamilyYear Built: 1963Lot Size: 0.50 acresBldg Size: 12,484 sq. ftZoning: RM/USSDownload: Property Flyer3963 Via Lucero is a conveniently located multi-family property on a tree-lined street in the upper State St. area of Santa Barbara and with a WalkScore® of 78, allowing tenants to enjoy easy access to all that Santa Barbara has to offer. Property was originally built in 1963 and is comprised of 3 buildings with (9) 2Bed/1Bath, (6) 1Bed/1Bath, and (1) Studio surrounding an inviting pool. Tenants also enjoy 9 covered carports, 11 uncovered parking spaces, and a common area laundry room. Electric and gas utilities are individually metered.
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In Escrow
For Sale: 22-Unit Apartment Property at 427 W Islay St, Santa Barbara, CAPrice: $6,750,000
Property Type: Multi-FamilyYear Built: 1968Lot Size: 0.37 acresBldg Size: 7,088 sq. ftZoning: R4Download: Property FlyerSheri 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.
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In Escrow
For Sale: 19-Unit Apartment Property at 427 W Montecito St, Santa Barbara, CAPrice: $5,995,000
Property Type: Multi-FamilyYear Built: 1962Lot Size: 0.24 acresBldg Size: 7,225 sq. ftZoning: 10-R-1Download: Property FlyerTwilight Apartments is a well-located multi-family property in Santa Barbara's West Beach area, close to Santa Barbara Harbor, West Beach, Santa Barbara City College, Pershing Park, and all that Santa Barbara's waterfront has to offer. Property consists of (1) 2Bed/1Bath, (6) 1Bed/1Bath, and (12) Studios, for a total of 19 units in 2 buildings. Property was originally built in 1962 and has a Certificate of Occupancy as apartments. R4 zoning provides investors flexibility on whether to keep a long term rental or use as student housing or convert to hotel/hospitality. All utilities are master metered. Studio apartments have compact kitchenettes. There are 19 tuck-under parking spaces and a common area laundry room.
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Price Reduction
For Sale: Multi-Family Asset at 285, 299A, & 299 Sherwood Dr, Santa Barbara, CAPrice: $1,999,000
Property Type: Multi-FamilyYear Built: 1999Lot Size: 1.40 acresBldg Size: 3,489 sq. ftZoning: 10-R-1Download: Property FlyerGreat location in the hills above upper State St. This triplex is a hidden gem, accessed down a private driveway on 1.4 acres, providing some grand views from each unit. The first building is the largest and includes a spacious 4Bed/2Bath home with vaulted ceilings in the living room, and it resides over (2) single car and (2) double car garages. The second building (middle) is configured as a 2 room/1bath unit built over (1) double car garage. The final building is a 2Bed/2Bath mobile home with view and rolling hills below it. This is must see property.
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Sold
Sold: Multi-Family Asset at 462 Linfield Pl, Goleta, CAPrice: $2,150,000
Property Type: Multi-FamilyZoning: RHDownload: Flyer (PDF)Well-located 4-plex near UCSB campus and Goleta’s Camino Real Marketplace with its popular restaurants, movie theater, and shops. It’s also just a block from Girsch Park’s playground, baseball fields, basketball court, and soccer field, making this a very desirable rental location for students, singles, families, and other potential tenants. The 4-plex consists of (3) spacious 2Bed/1Bath units and (1) 1Bed/1Bath nestled on a cul-de-sac just off Storke Rd. Unit A has a fireplace, and Units A & B enjoy large private patios. The property also features both covered and uncovered parking at the rear of property plus an onsite laundry room. This is an asset that would complement any portfolio.
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In Escrow
For Sale: Multi-Family Asset at 716 N G St, Lompoc, CAPrice: $2,799,997
Property Type: Multi-FamilyZoning: R3Download: Flyer (PDF)First time on the market in over 30 years! The Copper Kettle Apartments is a gated, garden style apartment complex in Lompoc featuring 18 units within (3) 2-story buildings surrounding a courtyard with a pool. Located on 3 parcels, the property has an attractive unit mix of (10) 2Bed/1Bath and (8) 1Bed/1Bath apartment homes. It also features an onsite, common laundry room and 18 covered, off-street parking spaces in the rear. Lots of upside opportunity for investors.
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In Escrow
For Sale: Multi-Family Asset at 324 N L St, Lompoc, CAPrice: $1,750,000
Property Type: Multi-FamilyZoning: R3Download: Flyer (PDF)Three (3) single story fourplexes on 2 parcels with all 1Bed/1Bath units, each featuring a private rear patio. Units are separately metered for electricity and gas, and each building has its own water meter. 12 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month. Larger parcel may be of sufficient size to split so that each fourplex resides on a separate lot. Check with your architect and/or the City to confirm parcel eligibility for lot split/merger.
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Sold
Sold: Affordable Housing Multi-Family Asset – 725-733 N E St, Lompoc, CAPrice: $2,295,000
Property Type: Multi-FamilyZoning: R3Download: Flyer (PDF)Battaglia Commercial Real Estate and Hayes Commercial Group are pleased to offer for purchase three six-unit apartment buildings located in Lompoc, CA. Each apartment building is two stories and located on a separate legal parcel and feature 3 downstairs units with private patios and 3 upstairs units. Each building also include a laundry room(see Note 1) and 6 off street parking spaces accessible from the rear alley. All units consist of identical 2BD/1BA units totaling approximately 751 SF each. Most units have been updated over the past seven years and include granite or quartz countertops in the kitchens, tile floors in the bathrooms and kitchens, and tile or wood-like laminate flooring in the living room/hallways/bedrooms. Two units are vacant and in need of significant renovations. Call listing agents for more details. Note 1: Currently, only one of the three laundry rooms is in use, and machines are leased from WASH laundry services.
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507 W Ocean Ave, Lompoc, CAProperty Type: Multi-FamilyLot Size: 13,939 sq. ftZoning: R3# Units: 6Download: Flyer (PDF)Bread and butter units in south Lompoc. The property features 6 well-maintained, single story, 2Bed/1Bath units in 2 buildings. Units are separately metered for electricity and gas. 10 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month.
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Sold
401 Tiffany Dr, Santa Maria, CAProperty Type: Multi-Family# Units: 4Attractive fourplex, with 4 APNs, constructed and mapped as condominiums but have always been operated as apartments townhomes. Unit mix is (1) 3Bed/1.75Bath unit and (3) 2Bed/1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. All are separately metered for electricity, gas, and water. The property is located in a park-like setting within a desirable residential neighborhood. New roof and exterior paint. Lots of opportunity with this property.
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Multi-Family for Sale