427 W Islay Street | Los Angeles | State of California | Prices, Plans, Availability

Los Angeles icon

Street View

25 Photos

427 W Islay Street

USD 7,395,000

Property ID: 24435575

427 W Islay Street ,93101

16117 SqFt

Built in 0001

USD 459/SqFt

0 Bed

22 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

7088

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 0001

Detailed Introduction Of This Home

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, 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.

Contact Development/Agent