104 CHAPALA Street
Santa Barbara, CA 93101

$3,995,000

Beds: 5
Baths: 8
Number of Units: 8
Type: Multi-Unit Residential
Listing #17282118
Located just one block from West Beach and La Entrada (new 5-Star Hotel Californian), minutes to the heart of Downtown Santa Barbara, the Funk Zone and within close proximity to Stearn's Warf and the Santa Barbara Harbor, the location of this highly sought after investment property is unbeatable! Featuring the charming architecture of the early 1900's, this property at 104 - 106 Chapala and 28 - 30 West Mason Street includes a 5 unit-apartment house, a duplex and a stand-alone bungalow. The total 8 units are comprised of a mix of 5 one-bedroom, one-bath units and 3 studio, one-bath units with excellent rents. Incorporated in some of the units are a small deck, a balcony, and peek a boo ocean views. 6 of the 8 units have been extensively remodeled and furnished, making the units readily available for longer or shorter term rentals.This is an unparalleled investment opportunity!
Property Features
Location Information
County: Santa Barbara
MLS Area: Santa Barbara
Latitude: 34.41212
Longitude: -119.691671429
Interior Features
Number of Bedrooms: 5
Number of Full Bathrooms: 8
Heating: Wall Gas
Heating Fuel: Wall Gas
Cooling: None
Appliances: Refrigerator, Range
Unit 1 Features: Bathrooms: 1
Unit 2 Features: Bedrooms: 1; Bathrooms: 1
Unit 3 Features: Bedrooms: 1; Bathrooms: 1
Total Number of Units: 8
Exterior Features
Parking Description: On street
Has Garage: No
Parking Spaces: 0
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 6, 000
Zoning: R-4/S-D-3
Additional Information
Property Type: RI
Property SubType: Apartment Building
Year Built: 1905
Tax Parcel Number: 033074007
Status: Active
Units in Complex: 8


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of SiBelle Israel
CA BRE #01751120 - Berkshire Hathaway HomeServices Californ
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