RARE INCOME PROPERTY IN DOWNTOWN SANTA BARBARA. Value Added Unique Opportunity with major price reduction. All rents current and stable. Renovated from the roof down to the sewer laterals. Four Units Prime Eastside location. Dual upside in additional rental income, plus development potential. The property is zoned R-M Residential Multi-Unit. FOR CITY ZONING, CUT AND PASTE LINK: SBMC 30.20.020. Easy 10 minute walk to downtown and 1 minute to the Milpas corridor. 3 minute drive to East Beach. 100% occupancy. 7 Bedrooms total across 4 units. 2+1; 1+1+Loft; 3+1; 1+1 rear separate unit. All leases month to month. Easy to show with 24 hours notice.