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  • Status:Active
  • Square Foot:9,615
  • Lot Size:0.38 Acres
  • Community:Santa Barbara
  • Zip Code:93101
  • Property Type:Residential Income
  • List Date:Wed, Jul 05 2017

Property Description

JLL is pleased to present the opportunity to acquire a jewel box multifamily investment comprised of 14 apartments located in idyllic Santa Barbara, one of Southern California's most desirable coastal communities. Located four blocks west of Santa Barbara's State Street and minutes from 101 Freeway entrances, Sonrisa at 410 West Micheltorena St. ("the Property") provides residents with easy access to the vibrant town's highly-acclaimed restaurants, world-renowned cultural attractions, and impressive retail options. Sonrisa is perfectly situated to take advantage of Santa Barbara's robust rental market, which is currently estimated to be above 60% of the population, with residents drawn to "The American Riviera" for its sun-kissed beaches, countless festivals, and ideal Mediterranean climate. The Property features value-add potential through the renovation of original units and represents an excellent multifamily investment in idyllic Santa Barbara.

Property Details

Essential Information

  • MLS #17247766
  • Price$6,300,000
  • Square Footage9,615
  • Acres0.38
  • Year Built1968
  • TypeResidential Income
  • StatusActive

Interior

  • CoolingElectric
  • # of Stories2

Listing Details

  • Listing AgentPatrick Inglis
  • Listing OfficePatrick Inglis

Community Information

  • Address410 W Micheltorena Street
  • AreaSanta Barbara
  • CitySanta Barbara
  • CountySanta Barbara
  • StateCA
  • Zip Code93101

Additional Information

  • Zip Code93101

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