PRICE REDUCED! 6.5% CAP! We are proud to present a high demand, turn-key, cash flow investment opportunity consisting of two single family homes with a total of 9 bedrooms + 5 bathrooms and 2,688sf! Under the existing rental agreements, a new owner will be able to benefit from an incredible current 6.5% CAP rate. The two residence property consists of a large 2,288 square foot 8 bedroom + 4 bathroom front house (rented out by the bedroom) and a 400 square foot 1 bedroom + 1 bathroom back house, both of which have undergone a full renovation with permits throughout the past 12 months. The updates include new plumbing, electrical, kitchens, bathrooms, flooring, and painting throughout the interior. With it's central location, 1830+1832 W Jefferson Blvd is primed to cater to residents seeking to be within minutes of West Adams and the USC neighborhoods, while also providing quality turn-key living to tenants seeking an inspired, high quality life at an affordable rental rate.
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: 20th April, 2021 10:44 PM
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