1611 Castillo Street, Santa Barbara, CA 93101
- $2,995,000
- 2,122
- SqFt
- List Price
- $2,995,000
- Status
- ACTIVE
- MLS#
- 26-1953
- Living Area
- 2,122
- Lot Size
- 16,988
- Region
- SB/WEST OF STATE
- Year Built
- 2006
Property Description
1611 Castillo Street offers a rare opportunity to acquire a well-located Santa Barbara triplex on a 16,988 SF lot, fully entitled for an additional seven total units. The property provides strong in-place income with approved plans for a clear near-term path to added density and future upside. Existing improvements include three well-maintained units: a remodeled 2BD/1BA and 1BD/1BA renovated in 2018, plus a 1BD/1BA built in 2006 with central HVAC and a gas fireplace. Each unit includes a private garage and dedicated storage. Minutes from downtown, the beach, Cottage Hospital, State Street, Funk Zone, and transit, 1611 Castillo offers investors a compelling opportunity to grow income in a supply-constrained coastal market.
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Additional Information
- Elementary School
- Peabody
- Middle School
- S.B. Jr.
- High School
- S.B. Sr.
- Acres
- 0.39
- Foundation
- Slab, Raised
- Laundry
- Laundry Room, In Unit
- Living Area
- 2,122
- Lot Size
- 16,988
- Neighborhood
- or 20 - Downtown
- Parking Garage
- Carport, Garage, Outside
- Region
- SB/WEST OF STATE
- Terms
- Cash, Conventional
- Units
- 3
- Zoning
- CLA, Other
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Listing courtesy of Beachside Partners.