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  • $2,184,800

    221 W Micheltorena St, Santa Barbara, CA 93101

    5beds
    4baths
    --sqft
    Multi Family
    Built in 1928
    -- sqft lot
    $2,184,800 Zestimate®
    $--/sqft
    $4,701 Estimated rent

    Home value

    $2,184,800

    $1.70M - $2.88M

    $4,701/mo

    Zestimate® history
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    $4,701/mo

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    Rent Zestimate®

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    $13,814/mo

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    $13,814/mo

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    What's special

    Incredible opportunity to acquire a significant 10 unit showpiece asset in Downtown Santa Barbara. Close proximity to all Santa Barbara has to offer including State Street, Funk Zone, and Beaches. Every unit has the quintessential look and feel of early 1920's Santa Barbara construction. Original wood flooring refinished in rich walnut span the living area in all units. Every unit has a full size bathtub in the bathroom. 8 of the 10 units have a wood burning fireplace. Gorgeous, clean & renovated units along with ample off- street parking and a warm community feeling. This property has historically low turnover and stable market rents. Currently 16 total tenants on the property, all with 1-year CAR leases extending into mid 2020.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brody Loring 01733517 805-729-7070,

    Alpha Investment Management,

    Christina R Loring 01759865 805-729-1259,

    Alpha Investment Management

    Bought with:

    Samantha Geeb, 01873499

    Source: SBMLS,MLS#: 19-237MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Appliances
    • Laundry: Bldg
    Features
    • Flooring: Vinyl, Hardwood, Other, Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 16
    • Parking features: Open
    Lot
    • Size: 0.39 Acres
    • Features: Near Public Transit
    Details
    • Parcel number: 039061006
    • Zoning: R-4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Raised
    Condition
    • Good
    • Year built: 1928

    Community & HOA

    Community
    • Subdivision: 15 or 20 - Downtown
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Date on market: 3/8/2019
    • Cumulative days on market: 179 days
    • Listing terms: Cash,Ctnl
    • Total actual rent: 25150

    Price history

    DateEventPrice
    12/5/2019Sold$4,425,000+77%
    Source: SBMLS #19-237 Report a problem
    11/2/2012Sold$2,500,000
    Source: SBMLS #12-3417 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Oak Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Peabody
    • Middle: S.B. Jr.
    • High: S.B. Sr.

    Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $2,184,800
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    +$43,696
    With Zillow Showcase(estimated)
    $2,228,496