543.5 Arroyo Ave

Santa Barbara, CA 93109 View Map $4,595,000 Schedule a Tour
Beds8
Baths6Full11/2
Sq.Ft.4,312
Year1989
Schedule a Tour
 
ASAP
Sat
10
Dec
Sun
11
Dec
Mon
12
Dec
Tue
13
Dec
Wed
14
Dec
Thu
15
Dec
Fri
16
Dec
Choose Your Date -- It's Free, Cancel Anytime
Status: Active
Property Type:Home/Estate
MLS #:22-3174
Sq. Feet:4,312
On Site:74 Days
Lot Size:1.27 Acres
County:Santa Barbara
Rare opportunity on the Mesa - 8 bedrooms, 7 bathrooms, over 4,300 square feet and resting on a secluded 1.27 acre lot.This custom-built home has proven to be a very strong income-producing asset for student housing with current monthly rents of $30,420 per month(Actual 6% CAP). Additional rental income is possible with 3 open beds that can be filled next semester with a large waitlist of applicants. The flexible floor plan could also operate as a large family compound with multiple entrances, an abundance of parking and plenty of exterior space for outdoor entertainment. A peek of the ocean can be viewed from the top floor balcony and in total there are over 1,000 square feet of balcony space.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
12/1/2022$4,795,000$4,595,000-4.2%

Community Information

Address:543.5 Arroyo Ave Santa Barbara, CA 93109
Subdivision:20 - Mesa
Zip Code:93109

School Information

High School:S.B. Sr.
Middle School:S.B. Jr.
Elementary School:McKinley

Architecture

Bedrooms: 8
Bathrooms: 6 Full / 1 Half
Year Built:1989
Stories:3
Construction: Tri-Level
Roof: Composition
Parking / Garage: Gar #2
Total Unconvered Spaces: 10.00

Features / Amenities

Appliances Included: Dishwasher, Dryer, Gas Rnge/Cooktop, Washer
Grounds / Landscaping: Deck, Fruit Trees
Other Buildings: Shed

Property Features

Lot Size: 1.27 Acres
View: Mountain, Ocean, Partial/Filtered, Setting
Water / Sewer: S.B. Wtr
Zoning:R-1

Tax and Financial Info

Terms: Cash, Ctnl

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

543.5 Arroyo Ave Santa Barbara, CA 93109
GO SEE THIS LISTING
543.5 Arroyo Ave Santa Barbara, CA 93109
 
ASAP
Sat
10
Dec
Sun
11
Dec
Mon
12
Dec
Tue
13
Dec
Wed
14
Dec
Thu
15
Dec
Fri
16
Dec
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Listing Information Last Updated 12/9/2022
Listing provided courtesy of Omega Real Estate And Investments.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.