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830 San Pascual Street Santa Barbara, CA 93101

  • 6 Bed
  • 3 Bath
  • 1,800 sqft
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Residential-Active $ 1,200,000

MLS#: 218011566

Courtesy of: Fred Evans, RE/MAX Gold Coast REALTORS

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Description

Tremendous upside potential for this parcel. Street to street lot. The older house 2+1 has been vacant but should rent for $2300. a month. Duplex consisting of 2+1 units rent for $2300 a month. The duplex units have been refurbished with Granite kitchen counters and re-tiled bathrooms and tiled floors. Both bedrooms have wood/like flooring. Projected gross rent multiplier 14.5% and the projected cap rate will be 5%. Check with city for future development and zoning as it shows R3 and should you want to tear down house.

Specifications


    Listing, Location and Property Info


  • 666.67
  • 4431
  • 037023002
  • N/A
  • USA

    General Property Information


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  • 5663

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