Multifamily Property for Sale - Santa Barbara, California ID: 529018206

First time on the market in over 40 years! Located at the end of a quiet cul-de-sac in Santa Barbara’s burgeoning Westside neighborhood, sits 2011 Oak Avenue. This approx. 4,218 SF Multi-family property features (8) 1 bedroom/1 bathroom units boasting spacious floor plans and private entrances, each flowing with an abundance of natural light. Upstairs units are peaked with cathedral ceilings and offer fireplaces and breathless mountain views. Tenants enjoy the ease of a 14-space parking lot, beautiful landscaping and convenient on-site laundry. The building has been very well maintained over the course of its longtime ownership. Current rents for these units are below market, offering an investor a fantastic opportunity for upside. Do not miss this chance to acquire a centrally located investment asset minutes from downtown Santa Barbara’s numerous restaurants, shopping and entertainment options.