Great investment opportunity for a new or seasoned investor near SBCC! Offered at a 4.14% CAP rate on actuals with upside potential, 520 West Gutierrez has a great unit mix of (2) 3BD/2BA and (1) 4 BD/2BA fully furnished townhome style units w/ 6 off street parking spaces. Extensive ADU feasibility analysis recently performed towards potential 400-500 SF 1 bedroom unit and provides a ''road map'' for a new owner. Units have been tastefully updated and have great amenities including private patios, common laundry room, paid for utilities (inc cable and TV), full furnishings and high walkability. With its short distance to beach and Harbor, Funk Zone, State Street Promenade and HWY 101 this is highly desirable for either students or young professional
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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: 2nd December, 2021 6:56 AM
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