$2,350,000

First Time on the Market in 43 Years! Well-maintained fourplex nestled in Santa Barbara's highly desirable Upper Eastside neighborhood. The property offers an attractive unit mix consisting entirely of two-bedroom units. Delivered with two vacant units, offering immediate occupancy or the opportunity to lease them at current market rents. The carports + carport structure present an excellent path for potential ADU development, subject to city approval and applicable regulations. Significant recent capital improvements, including a new roof, exterior repairs, fresh paint, updated electrical service, plumbing improvements, replacement water heaters, Unit 1 has been fully remodeled in 2026 with recent improvements totaling over 50k. Delivered with two vacant units, ideal for an owner-user looking to occupy one unit while generating rental income from the other to help offset the mortgage payment.