427 W Islay Street Santa Barbara, CA 93101
Other Residential
MLS #: 24-2981
Courtesy Of Keller Williams Realty Santa Barbara
$7,395,000
0.37 acres
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Estimated monthly payments:
$32,326/mo.* (recalculate)
Property InformationDescription
22 Units in the Heart of Santa Barbara. This is an incredible investment opportunity, ideally situated to take advantage of the city's robust rental market. This property features a mix of 1-bedroom, 1-bathroom apartments and cozy studios. A convenient common laundry facility adds to the property's appeal for tenants. Recent upgrades too numerous to mention. Ample off-street parking. Priced to deliver a cap rate of over 5 percent, this investment offers both strong cash flow and potential for long-term appreciation. With its prime location near Cottage Hospital and the entire medical district, residents will enjoy easy access to Santa Barbara's dining, shopping, and entertainment, making this property a standout addition to any investor's portfolio.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Lot Size: 0.37 Acres
MAP & DIRECTIONS
School Information
427 W Islay Street, Santa Barbara, CA 93101
Elementary School
Grades KG-6 |
Public School
PEABODY CHARTER SCHOOL
Santa Barbara, CA 93105
3018 Calle Noguera
805.563.1172
Distance: 1.4 mi
School Rating
B
Student:Teacher Ratio
25:1
Total Students
715
Middle School
Grades 7-8 |
Public School
SANTA BARBARA JUNIOR HIGH SCHOOL
Santa Barbara, CA 93103
721 E Cota St
805.963.7751
Distance: 1.6 mi
School Rating
D+
Student:Teacher Ratio
20:1
Total Students
712
High School
N/A
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Harding University Partnership School | 0.6 mi | Public | PK-6 | B- |
| Notre Dame School | 0.6 mi | Private | PK-8 | |
| St Therese Classical Academy | 0.6 mi | Private | 7-12 | |
| Santa Barbara Community Academy | 0.6 mi | Public | KG-6 | C |
| La Cumbre Junior High School | 0.6 mi | Public | 7-8 | C- |
| Roosevelt Elementary School | 1.0 mi | Public | KG-6 | B |
| Anacapa School | 1.1 mi | Private | 7-12 | |
| Adams Elementary School | 1.2 mi | Public | PK-6 | B+ |
| La Cuesta Continuation High School | 1.2 mi | Public | 9-12 | D- |
| Alta Vista Alternative High School | 1.2 mi | Public | 9-12 | C+ |
| Alta Vista Alternative Junior High School | 1.2 mi | Public | 7-8 | |
| Santa Barbara High School | 1.4 mi | Public | 9-12 | B- |
| Marymount Of Santa Barbara | 1.4 mi | Private | PK-8 | |
| Providence School | 1.4 mi | Private | PK-12 | |
| Mckinley Elementary School | 1.4 mi | Public | PK-6 | C+ |
| Santa Barbara Middle School | 1.5 mi | Private | 6-9 | |
| Monroe Elementary School | 1.5 mi | Public | KG-6 | C+ |
| Olive Grove Charter - Santa Barbara | 1.6 mi | Public | KG-12 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Santa Barbara, CA 93101
| Median Age: | 34.2 |
|---|---|
| Married: | 32% |
| Number of Households: | 12,501 |
| Households with Children: | 24.7% |
Santa Barbara, CA 93101
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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