1532 Castillo Street
Santa Barbara, CA 93101
- – beds
- – baths
- – sqft
- 7,841 sqft lot
- 1913 build
- – on site
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A beautifully renovated 1913 Colonial in the heart of Downtown Santa Barbara, 1532 Castillo is an incredibly stable turnkey investment in an A+ location. The fully leased triplex boasts market rents, a strong rental history, low maintenance costs and R-4 zoning. The main house has 5 beds & 3 baths, and has undergone a full renovation, including a new kitchen & bathrooms, all new electrical & plumbing and ductless heat & AC. The detached rear duplex has also undergone a full renovation, and features wood floors, updated kitchens, AC & in-unit laundry. Currently generating $132,000 in rental income annually, the property is being offered at a 4% cap rate. Perfect for an investor looking for an income-producing asset, or an owner/user who wants to live in the front home & rent out the back.
Listed By CRMLS_CA / Lucas Martinez / Compass
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Last updated Apr 13, 2024
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MLS# 21737760 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/11/21
Aug 11, 2021
|
Sold | CRMLS_CA | $2,225,000 | -5.3% |
7/11/21
Jul 11, 2021
|
Pending | CRMLS_CA | $2,350,000 | |
5/27/21
May 27, 2021
|
Listed / Active | CRMLS_CA | $2,350,000 |