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Fourplex with Carports

333 E Micheltorena St, Santa Barbara, CA 93101

For Sale
New
Contact for pricing

All residences have two bedrooms, and two units are slated for vacant delivery.

Property SizeContact for details
Days on Market7

Property Features for 333 E Micheltorena St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Laguna

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Additional Details

Tenant in Place Yes
Listing Agency: Radius Commercial Real Estate & Investments Santa Barbara
Listed By: Steve Golis · License CA #00772218
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 3:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Radius Commercial Real Estate & Investments Santa Barbara

Rey
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Investment Insights

Based on property information with market context.

The four-unit property at 333 E. Micheltorena St in Santa Barbara is configured with four two-bedroom residences. Two units are occupied, while Units 1 and 4 are to be delivered vacant at closing. Carports and their supporting structure are present; possible ADU development would require city approval and compliance with applicable regulations.

Recent work includes a roof replacement, exterior repairs and paint, electrical service updates, plumbing improvements and new water heaters. Unit 1 has also received a full remodel. These improvements accompany a unit mix that is consistent across all four residences.

Key Highlights

  • Four two‑bedroom units
  • Units 1 and 4 to be delivered vacant; Units 2 and 3 are occupied
  • Recent roof replacement, exterior repairs and paint

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,778
Businesses Nearby

Demographics for 93101, CA

30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All residences have two bedrooms, and two units are slated for vacant delivery.
Where is this quadplex located?
The property is located at 333 E Micheltorena St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Four two‑bedroom units; Units 1 and 4 to be delivered vacant; Units 2 and 3 are occupied; Recent roof replacement, exterior repairs and paint
(805) 879-9606 Call to check price and availability
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