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1826 Loma Street

Santa Barbara, CA 93103

– beds
– baths
– sqft
6,970 sqft lot
1920 build
– on site

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Incredible opportunity to own 5 units on Santa Barbara's highly coveted Riviera. The property consist of a 4BD/2BA home along with (4) updated 1BD/1BA units at the rear of property. The front home and 2nd story units offer dazzling ocean and city views. While this property checks all of the boxes for a pure investment, it also offers the space for owners to live comfortably in the house while collecting rental income from the 4 units in the back building. The house was tastefully remodeled in 2016 with an all new open floor-plan, new electrical, new plumbing, new bathrooms and new flooring throughout. The property also boasts brand new landscaping and as of October 2021, monthly rent total will be $13,910/Month with tenants paying utilities.

Listed By CRMLS_CA / Jonathan Standring / Beachside Partners

Last checked: Checking… • Last updated Apr 22, 2023 •

MLS# V1-7614 —

The Building

Year Built:

1920
Year Built Source:

Public Records
Foundation:

Combination
Common Walls:

No Common Walls
# of Buildings:

2
# of Separate Gas Meters:

5
# of Separate Water Meters:

2
# of Separate Electric Meters:

5

Interior

Levels:

Two
Flooring:

Laminate, Tile, Wood
Fireplace:

No
Fireplace:

None
Laundry:

Individual Room, Inside
Laundry:

1

Location

Directions:

N/A
Latitude:

34.43723700
Longitude:

-119.70581500

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Lot Features:

Sprinklers Drip System
Lot Size Area:

6970.0000
Lot Size Acres:

0.1600
Lot Size SqFt:

6970.00
View:

1
View:

City Lights, Ocean
Fence:

Yes
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

027071011

Heating & Cooling

Heating:

1
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Subdivision:

Santa Barbara: Other
Senior Community:

No
Features:

Biking, Hiking, Park
Pool:

None
Private Pool:

No
Spa Features:

None
Assessments:

Yes

Parking

Parking:

Yes
Parking:

Street
Parking Spaces:

2.00
Garage Spaces:

1.00

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Cox Communications

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Sale history

Date	Event	Source	Price	% Change
11/9/21 Nov 9, 2021	Sold	CRMLS_CA	$2,920,000	-2.5%
10/14/21 Oct 14, 2021	Pending	CRMLS_CA	$2,995,000
9/3/21 Sep 3, 2021	Price Changed	CRMLS_CA	$2,995,000	-7.7%

Multifamily Sold on 11/9/2021

$2,920,000

Listing provided by broker:

Jonathan Standring

Beachside Partners

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Listing Courtesy of: CRMLS_CA and Beachside Partners. Based on information from California Regional Multiple Listing Service, Inc. as of 12:28 on Nov 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1826 Loma Street

Santa Barbara, CA 93103