NOT LISTED FOR SALE
2 Beds
-- Bath
960 Sq Ft
0.51 Acres

About This Home

Turnkey apartment building! No significant capital improvements needed. Extensively remodeled 11-unit multifamily
property located just one block from Cottage
Hospital, minutes from Downtown and Uptown
Santa Barbara, and near the beach and Highway 101.
This Spanish-style property consists of an ideal unit
mix featuring nine (9) large 2BD/2BA units and two
(2) large 1BD/1BA units and offers tenants an intimate
common courtyard along a creek setting amongst
mature sycamores, pines and oaks. The property
features 16 off-street parking spots, private patios
and/or decks for each unit, common onsite laundry
facilities, bike storage, and tenant storage closets.
Each unit has been tastefully remodeled with new
wood-like vinyl flooring, new tile, new gourmet
kitchens, see ''more'' new bathrooms, new appliances, new
fixtures, new lighting, new doors, new windows,
and new paint throughout. The exterior has been
improved with a new smooth stucco exterior,
updated staircases and handrails, updated patios
and decks, new exterior paint, new patio pavers,
and improved landscaping. This recent remodel was
completed to ensure an owner is able to obtain top
dollar from Oak Park's rental market.

*Square footage is estimated and only includes livable areas
and laundry/storage rooms.
** Current Rents include current asking rents for four units
that are currently vacant

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Price Changed $7,895,000 -4.9% $780 / Sq Ft
09/30/2024 09/30/24 For Sale $8,300,000 -- $820 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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