THE SALE OF THIS PROPERTY IS PART OF A PORTFOLIO LISTED AT $12,190,000. The Seller would prefer to sell as a portfolio, but would consider selling the properties individually.
The Portfolio offering represents an excellent investment opportunity with three unique multifamily properties totaling 17 units and approx. 18,879 SF.
Centrally located in the Westside of Santa Barbara, 1916 & 1920 C-D Chino St. is a charming Spanish style three unit property that rests on a 11,250 SF lot. This 3,142 SF building comprises a 2BD/1BA front house with a town house style duplex in the back comprising two 3BD/1.5BA units. The zoning for the property is R-2 (multi-family residential use) under the jurisdiction of the City of Santa Barbara. Current zoning allows the existing improvements to be rebuilt if destroyed. The front residence was built in 1931 while the duplex in back was built in 1973.
The portfolio comprises of three listings and is being sold as a package. The following addresses are included and are listed at $12,190,000: 515 E. Arrellaga Street (APN# 027-132-013), 1417 Bath Street (APN #039-052-013), and 1916-1920 Chino Street ( APN #043-122-022).

CALL TO OFFERS DATE- MAY 25th, 2022. All three listings will be open for showings and tours on May 17th, 2022. This listing will be open at 12 pm- 2:00 pm; 515 E Arrellaga at 10am-12:00 pm, and 1916-1920 Chino Street- 12:00-2:00 pm.