Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of the four units include laundry. This is a fully leased property with tenants occupying all units. A new owner may also explore converting the separated unit and existing garages into legal dwellings under the additional dwelling unit (ADU) legislation to maximize rental income. The property benefits from plentiful off-street parking and garage storage for tenants or owner. Price: $2,400,000 Price per unit: $600,000 Units: 4 rented units (city recognizes 3) Unit Mix: 4BD/3.5BA main house (separated into 3BD/2.5BA and 1BD/1BA); duplex (2 x 1BD/1BA) Lot Size: Approx. 8,712 SF Parking: Garages and shared driveway parking Laundry: Yes, in each unit except 328A Fireplaces: Yes, in three units Zoning: R-MH APN: 027-012-019 Utilities: Master metered for all utilities To Show: Call listing agent. Do not disturb tenants.