Residential Income Details
Wonderful 10-unit asset located in the Hope Neighborhood. This is the first time this property has been on the market in 25 years! Nestled in a prime location near Samsun Clinic, Wells Fargo, Montecito Bank & Trust, Bank of the West, the world-famous Chuck's of Hawaii, Lure Fish House, Islands, Five Points Shopping Center, Whole Foods, Starbucks, La Cumbre Plaza, and Target- scheduled to open this fall. Nearby schools include Little Angels Preschool, Hope Elementary, Monte Vista Elementary and La Colina Jr. High School. The property offers a unit mix of (9) 1BD/1BA apartments and (1) 2BD/1BA house, plus carport parking and a common laundry room for tenants. The house features a large fenced yard and the separate one-bedroom unit offers a private entry and personal outdoor space. Lower units feature private and fenced outdoor patios. Easy access to the 101 Fwy. & Hwy. 154. Rents are under-market, providing exceptional rental upside to a new owner.
|Number of Units||10|
|Listing Brokerage||Radius Group Commercial Real E|
|Listing Agent||Steve Golis|
|Listing Agent BRE #||00772218|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 9, 2018.
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