About 316 W Valerio St
316 W Valerio St is a stunning 8-unit investment opportunity located in the heart of Santa Barbara, CA. Situated on a parcel of land totaling 12,196 square feet, the subject property was originally constructed in 1973 and features a gross building area of approximately 5,570 square feet. The subject property offers tenants beautifully designed two-bedroom and one-bedroom floor plans. The investment appeal of this asset is driven by Santa Barbara's appealing location as evident from its growing population. With a world-class location in the heart of the city, 316 W Valerio St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment. options.
Features of 316 W Valerio St
| MLS® # | ML81939633 |
|---|---|
| Price | $3,395,000 |
| Square Footage | 5,570 |
| Acres | 0.28 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 316 W Valerio St |
|---|---|
| Area | Other Area |
| City | SANTA BARBARA |
| County | Santa Barbara |
| State | CA |
| Zip Code | 93101 |
Amenities
| Utilities | Public Utilities, Other |
|---|---|
| Parking Spaces | 16 |
| Is Waterfront | No |
Interior
| Heating | Electric Heat |
|---|---|
| Cooling | Other |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Flag Lot, Other |
|---|---|
| Roof | Shingle Roof |
| Construction | Wood Frame, Other, Wood Construction, Concrete Construction |
| Foundation | Other Foundation, Concrete Slab |
School Information
| Attendance Zone | SANTA BARBARA HIGH SCHOOL, PEABODY CHARTER SCHOOL, SANTA BARBARA JUNIOR HIGH SCHOOL |
|---|
Additional Information
| Zoning | R-4 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael Henshaw |
|---|---|
| Office | Marcus & Millichap |
| Office Contact | 650-269-6453 |
Listing Map
Listing Schools/Amenities
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Listing Price, Sale, & Status History
Price Reduced from $3,600,000 to $3,395,000