1532 Castillo Street
$2,225,000
7
5
3,390
3,390
$656
Sold 8/11/21
Description
A beautifully renovated 1913 Colonial in the heart of Downtown Santa Barbara, 1532 Castillo is an incredibly stable turnkey investment in an A+ location. The fully leased triplex boasts market rents, a strong rental history, low maintenance costs and R-4 zoning. The main house has 5 beds & 3 baths, and has undergone a full renovation, including a new kitchen & bathrooms, all new electrical & plumbing and ductless heat & AC. The detached rear duplex has also undergone a full renovation, and features...A beautifully renovated 1913 Colonial in the heart of Downtown Santa Barbara, 1532 Castillo is an incredibly stable turnkey investment in an A+ location. The fully leased triplex boasts market rents, a strong rental history, low maintenance costs and R-4 zoning. The main house has 5 beds & 3 baths, and has undergone a full renovation, including a new kitchen & bathrooms, all new electrical & plumbing and ductless heat & AC. The detached rear duplex has also undergone a full renovation, and features wood floors, updated kitchens, AC & in-unit laundry. Currently generating $132,000 in rental income annually, the property is being offered at a 4% cap rate. Perfect for an investor looking for an income-producing asset, or an owner/user who wants to live in the front home & rent out the back.
Property Details for 1532 Castillo Street
Zoning
R-4
StyleColonial
Parcel Number027212025
Total Units3.0
Living Area3390
Source Living AreaPlans
AreaSanta Barbara (VC81)
Vacancy Rate0
LISTING UPDATED: 08/12/2021 09:07 AM
Property Details for 1532 Castillo Street
Status | Sold |
---|---|
MLS # | 21-737760 |
Days on Market | 44 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1913 |
Lot Size | 0.18 AC / 7,841 SF |
County | Santa Barbara County |
Buyer's Agent Compensation | 2.5% |
Building Information for 1532 Castillo Street
Stories2Year Built1913Building Size-Lot Size0.18 AC / 7,841 SF
Property Information for 1532 Castillo Street
Property History for 1532 Castillo Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1532 Castillo Street
Taxable ValueLand$1,066,410Additions$1,248,480Total$2,314,890
Tax Record2024$24,512 ($2,043 / month)
Home Facts
Total Finished SqFt1,978 SqFtAbove Grade Finished SqFt1,978 SqFtStories2Lot Size7,840 SqFtStyleDuplexYear Built1913CountySANTA BARBARAAPN027-212-025Fireplace TypeHas Fireplace
Schools near 1532 Castillo Street
This home is within Santa Barbara Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Santa Barbara Community Academy PublicK to 6 | ||
Santa Barbara Junior High School Public7 to 8 | ||
Santa Barbara Senior High School Public9 to 12 | ||
La Cuesta Continuation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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