Active

640 W Ortega Street

SANTA BARBARA CA, 93101

$2,995,000


$3,442.53 per sqft

Active

8 Beds

4 Baths

870 sqft

Residential

Built in 1979

Courtesy of Heather M Martineau, eXp Realty of California, Inc.

Welcome to 640 & 644 W Ortega, Santa Barbara, CA! This fantastic property has been owned by the same family for over 45 years. This property offers two duplex buildings, providing a total of four units. Each unit features a comfortable layout with two bedrooms and one bathroom, making them ideal for both residents and potential tenants. Situated on a generous 1.55-acre lot, this property offers ample space and a serene environment with breathtaking mountain views. The expansive land provides opportunities for various uses and potentially expanding the existing building or potentially adding an ADU. The duplex buildings are well-maintained and offer a great investment opportunity. Whether you're looking to generate rental income or occupy one of the units while renting out the others, this property provides versatility and potential for a favorable return on investment.

Located in Santa Barbara, CA, this property benefits from its prime location. Santa Barbara is known for its beautiful beaches, picturesque landscapes, and vibrant community. Residents and tenants will have convenient access to nearby amenities, schools, shopping centers, restaurants, and entertainment options.

Don't miss the chance to own this income-producing property in Santa Barbara. Schedule a showing today and explore the potential of this duplex property on 1.55 acres of land! (Unit D is available to show and currently updating floors, please do NOT disturb tenants. This is a buildable lot, buyer to verify potential building opportunity with the city)

24-1171

MLS ID

April 16, 2024

Listed

April 16, 2024

Updated

Map

640 W Ortega Street
SANTA BARBARA CA, 93101

Interior Features

Bedrooms

8


Total Bathrooms

4


Interior Features

Deck, Elec Stove, Dishwasher


Laundry Description

In Unit


Floor Description

Carpet, Wood/Laminate


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

GFA

Exterior/Building Features

Lot Size

1.55 Acres


Lot Features

Near Public Transit

School Information

High School

S.B. Sr.


Elementary School

McKinley

Other Property Details

Area Name

20 - SB/WEST OF STATE


Garage

No


Parking Total

7


View

No


County

Santa Barbara


Pool

No


Zoning

R-2


Buyer Agency Compensation

2.5%

Listed by eXp Realty of California, Inc., Heather M Martineau,
Listing Contact:  

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Data last updated 9:37 PM UTC, 4/16/2024

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