East Beach Multifamily Homes & Duplexes for Sale

Single story duplex that has been well maintained on a rare industrial zoned parcel. A national landscape company has over 4 years remaining on the industrial yard lease on the rear of the property. Current 2 bedroom one bath units are well below market at $1,800 and a 5.7% cap rate at the offering. Stable investment in Santa Barbara with solid returns.Contact Listing Agents for details.

Brad Frohling Radius Group Commercial R.E.

Ultra-rare waterfront-area 8-unit multi-family offering just a few steps to Santa Barbara's best beach East Beach, has been recently re-positioned for higher investor returns. Featuring all 2-BR units, the property has been transformed mainly to licensed shorter-term rentals in one of the premier vacation spots in the world. 5 of 8 units are under owner use control, and have been mostly updated

Ken Switzer Berkshire Hathaway HomeServices California Properties