Turnkey Multi-Unit Asset with Strong Cash Flow & Long-Term UpsidePresenting an exceptional opportunity to acquire a spacious, income-generating 4-unit complex plus a separate studio - ideally located near UCSB, shopping, beaches, Girsh Park, and the Wells-Elings Marsh Trail.Unit Mix:One 3 bed / 2 bath unitThree 2 bed / 1 bath unitsOne studio unit (unpermitted, for additional income)This well-situated property benefits from Section 8 tenants, offering:-Reliable rental income-High demand with reduced vacancy risk-Longer tenant retention and stabilityWith projected gross annual income of approx. $180,000 (based on upcoming rent increases effective August 1, 2025), this investment offers both solid current returns & long-term upside.Please do not disturb tenants.
Type | School name | District name |
---|---|---|
High | Dos Pueblos | Not available |
Elementary | Isla Vista | Not available |
Middle | Gol Valley | Not available |
Juniorhigh | Gol Valley | Not available |
Email enquiry to Compass
Property ID: 110099128242
Original Property ID: 3yd-SBMLSCA-25-1726