Once in a lifetime does an opportunity to acquire a legal 12-unit short term vacation rental property in Santa Barbara'shistoric and coveted West Beach come along. This beautiful beach retreat is located just two blocks from the ocean at WestBeach, walking distance to the Santa Barbara Pier, Santa Barbara Harbor, fantastic world class dinning and so much more. 5.69% cap rate on market rental rates!Potential tenants/guests enjoy the new State Street Promenade, Sterns Wharf, The Funk Zone, Santa Barbara Farmer'sMarket, Moxi Museum, and Chase Palm Park's Summer Concerts Series.This meticulously maintained property has been historically run as short-term rentals with long-term tenants sprinkled in.So many options for this location.
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Courtesy of: Beachside Partners Listing information provided courtesy of the Santa Barbara MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th July, 2021 11:15 AM
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