Opportunity to Own a Prime SB Multi-Family Asset w/ Major Upgrades & Future Value-Add Potential. 15 W. Islay St. features a 1920s duplex w/ (2) 1BD/1BA units & a 1963 triplex w/ (1) 2BD/1BA + (2) 1BD/1BA units, w/ upstairs tenants enjoying a shared balcony. Ideally located between Downtown & Upper State, residents benefit from easy freeway access & nearby shopping, dining & entertainment. Substantial recent upgrades provide a well-maintained asset in a strong rental market. Added value exists through rental upside & the City's ADU program. Current ownership has submitted plans to convert the carport into a Jr. ADU, plus potential for 2 detached ADUs at the rear.
Pending
$2,295,000
15 W Islay St, Santa Barbara, CA 93101
3beds
2baths
3,453sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$2,250,100 Zestimate®
$665/sqft
$-- HOA
What's special
- 34 days |
- 162 |
- 0 |
- Loading