427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
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427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
427 W Islay Street
For Sale

427 W Islay Street

427 W Islay Street, SANTA BARBARA, CA 93101

$7,395,000
22 Units in the Heart of Santa Barbara. This is an incredible investment opportunity, ideally situated to take advantage of the city's robust rental market. This property features a mix of 1-bedroom, 1-bathroom apartments and cozy studios. A convenient common laundry facility adds to the property's appeal for tenants. Recent upgrades too numerous to mention. Ample off-street parking. Priced to deliver a cap rate of over 5 percent, this investment offers both strong cash flow and potential for long-term appreciation. With its prime location near Cottage Hospital and the entire medical district, residents will enjoy easy access to Santa Barbara's dining, shopping, and entertainment, making this property a standout addition to any investor's portfolio.

1
bed

2
baths

0.37 Acres lot

Steve Epstein

Steve Epstein

Features & Amenities

Interior

  • total bedrooms1
  • Total bathrooms2
  • full bathrooms2

Area & Lot

  • Status For Sale
  • Lot Area0.37 Acres
  • MLS® ID24-2981
  • TypeResidential
  • YEAR BUILT1968
  • NeighborhoodWhat to Do in Santa Barbara and Montecito
  • Elementary SchoolPeabody
  • Middle SchoolS.B. Jr.
  • High SchoolS.B. Sr.

Exterior

  • lot featuresNear Public Transit

Financial

  • Sales Price$7,395,000
  • Zoning R-4
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Schedule a Showing

We would love to show you this beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 427 W Islay Street, SANTA BARBARA, CA 93101. We are reviewing your request and will be in touch shortly!

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