419 West Islay Street

Santa Barbara, CA 93101

$3,125,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

8 units for sale, approximately 5600 sq/ft building on a 11,250 sq/ft lot, on-site laundry room. Features (4) 2 bedroom units and (4) 1 bedroom units. Current rents below market. Convenient location for tenants with easy access to downtown, shopping, and Hwy 101. Excellent opportunity for an investor to purchase a bread and butter 8 unit apartment in Santa Barbara.8 units for sale, approximately 5600 sq/ft building on a 11,250 sq/ft lot, on-site laundry room. Features (4) 2 bedroom units and (4) 1 bedroom units. Current rents below market. Convenient location for tenants with easy access to downtown, shopping, and Hwy 101. Excellent opportunity for an investor to purchase a bread and butter 8 unit apartment in Santa Barbara.
  1. Listed by Andy Alexander • DRE #01362252 • Santa Barbara Brokers, Inc.

Property Details for 419 West Islay Street

Zoning
R-4
Cross Street
Castillo
Recurring Fees
No

Location

Listing Courtesy of Santa Barbara Brokers, Inc., Andy Alexander, DRE #01362252
Add your commute
LISTING UPDATED: 04/24/2024 01:58 PM

Property Details for 419 West Islay Street

StatusActive
MLS #24-1289
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1964
Lot Size0.26 AC / 11,325 SF
CountySanta Barbara County

Location

Listing Courtesy of Santa Barbara Brokers, Inc., Andy Alexander, DRE #01362252
Add your commute

Building Information for 419 West Islay Street

Stories-Residences8Year Built1964Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$18,119 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,054

Property Taxes

$1,065

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 419 West Islay Street

Details
Features
  • District: 20 - SB/WEST OF STATE
  • Property Type: B
  • Laundry: Laundry Room
Parking/Garage
  • Parking Info: Uncovered
Location Info
Location Info
  • Tax Parcel Number: 027-081-004
  • LotLocation: Near Bus, Near Hospital, Near Park(s), Near School(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93101
Neighborhood/Schools
  • Elementary School: Peabody
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 0
  • Reports Available: Other, Prelim
  • Realtorcom Type: Multi-Family
  • Total # Units: 8
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 8
  • Unit 1Num Of Bedrooms: 12
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 8
  • Unit 1Monthly Total: $16,700
  • Unit 1Rent: $16,700
Contract Info
Contract Info
  • Deposit: 3
  • List Price: $3,125,000.00
  • Terms: Cash, Ctnl
  • Status: Active

Property History for 419 West Islay Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 419 West Islay Street

Taxable ValueLand$383,673Additions$817,998Total$1,201,671
Tax Record2023$12,784 ($1,065 / month)
Home Facts
Lot Size11,325 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN027-081-004

Schools near 419 West Islay Street

This home is within Santa Barbara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Santa Barbara Community Academy
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

La Cuesta Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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419 West Islay Street is a multi-family home for sale in Santa Barbara, CA 93101. This property was listed for sale on April 24, 2024 by Santa Barbara Brokers, Inc., it's currently listed at $3,125,000. This listing's school district is Santa Barbara Unified School District. Nearby schools include Santa Barbara Community Academy, Santa Barbara Junior High School and Santa Barbara Senior High School. 419 West Islay Street is a 0-bed, 0-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Santa Barbara Brokers, Inc., Andy Alexander, DRE #01362252

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.