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Incredible Downtown Santa Barbara Residence and Investment Opportunity

Incredible Downtown Santa Barbara Residence and Investment Opportunity 312-314 E Figueroa Street, Santa Barbara, California 93101 $4,500,000
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Description

An oasis of tranquil abiding tucked away in the heart of downtown Santa Barbara, this "mini-estate" offers a beautiful primary residence plus 3 additional living units. The possibilities include owning a lovely year-round or vacation home while enjoying substantial income, or creating a wonderful family compound. This versatile property is truly a one-of-a-kind investment opportunity par excellence

The Spanish-style 3 bedroom, 3 bath main residence -- secluded from the street, thereby providing privacy, serenity and security -- showcases soaring vaulted ceilings, multiple fireplaces, terra cotta tile and hardwood floors, and a refreshing open floor plan. Multiple French doors open to balconies and a private courtyard. There are views of the Santa Ynez Mountains and peeks at the ocean.

The primary suite and a guest bedroom and bath are located on the main level, as are all the common living spaces, while a third bedroom with bath is upstairs. A lower level hosts 5 one-car garages and a 1 bedroom apartment with Saltillo tile floors, a fireplace and generous patio.

Fronting the property is a charming Victorian era duplex bungalow. Its pair of 1 bedroom, 1 bath living units, with their hardwood floors, fireplaces, and spacious patio, combine the inviting ambiance of yesterday with today's conveniences and designer touches. 

Located near the intersection of East Figueroa and Garden Streets, just around the corner from historic El Presidio de Santa Barbara, this handsome investment property is convenient to schools and services, as well as all the shopping, dining and cultural activities downtown Santa Barbara has to offer.  

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