208 W. Arrellaga St. Santa Barbara, CA 93101

208 W. Arrellaga St.
Santa Barbara, CA 93101

Property Type
Multifamily
Price
$1,895,000
Units
4 Units
Land Size
0.21 Acres
County
Santa Barbara

Owned and loved by the same family for over 70 years. The combination of location, character and unit mix makes 208 W. Arrellaga St. an ideal and rare multi family investment opportunity. Set behind a white picket fence, rose bushes planted in the 1940’s line the walkway to the original main house which consists (1) 2 bed/1 bath, (2) 1 bed/1 bath.

The spacious downstairs 1-bed unit has a formal living room, separate dining room as well as a sun porch that opens up to an inviting patio and a fenced private backyard. The upstairs 1-bed unit features dining room/breakfast nook, galley kitchen and a sun porch overlooking the backyard. The 2-bed unit, which is also located upstairs, has a formal living room with large windows and a franklin-stove-type fireplace. Additionally, in the back of the property, there is a cozy 1-bed/1-bath cottage.

The main house still embodies the charm of its original 1904 finishings. Units feature hardwood floors throughout and high ceilings with crown molding and an abundance of natural light. All four units have been well maintained and offer spacious floor plans and privacy. This asset is conveniently located near downtown with easy freeway access and only a short distance to Cottage Hospital, shopping and dining. Don’t miss out on making this unique property part of your portfolio.

Each apartment has its own utility meter and service panel, including electric and gas meters. Tenants are responsible for their own utilities and pay their own utility bills except water & trash.

Contact Listing Agents for details. ACCESS TO BUILDING SUBJECT TO ACCEPTED OFFER. PLEASE DO NOT DISTURB TENANTS.

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