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3-Unit California Cottage 208 S Voluntario St 3 Unit Apartment Building $2,123,097 CAD ($707,699 CAD/Unit) 4.10% Cap Rate Santa Barbara, CA 93103
Investment Highlights
- Prime Eastside location just minutes from the beach, Downtown Santa Barbara & the Funk Zone
- Ideal unit mix: (1) 2BD/1BA, (1) 1BD/1BA & (1) studio
- New appliances, fixtures, landscaping & exterior paint provide turnkey presentation
- Quintessential California cottage triplex with strong investment or owner-user appeal
- Fully remodeled interiors with hardwood floors, skylights & custom built-ins
- Each unit features its own private outdoor space and excellent residential charm
Executive Summary
Quintessential California cottage offering a prime investment opportunity on Santa Barbara’s desirable Eastside, just moments from the beach, Downtown, and the vibrant Funk Zone. The property features three units with an ideal unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio—well suited for both investors and owner-users. Completely remodeled throughout, the units offer hardwood floors, custom built-ins, skylights, and all new appliances and fixtures. Each unit also includes its own private outdoor space.
The exterior has been freshly repainted and enhanced with new landscaping, creating strong curb appeal and a turnkey presentation.
Buyer to complete their own due diligence regarding permitting and Santa Barbara’s rent control ordinance.
The exterior has been freshly repainted and enhanced with new landscaping, creating strong curb appeal and a turnkey presentation.
Buyer to complete their own due diligence regarding permitting and Santa Barbara’s rent control ordinance.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 1 | - | - |
| Studios | 1 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
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3-Unit California Cottage | 208 S Voluntario St
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