$895,000

Isla Vista

PRICE REDUCTION!!

Beautiful large home that has been remodeled inside and out.  It boasts a spacious front yard and private back yard that has a plum tree. There are porches on both sides and a two car garage. Located in a quieter area of Isla Vista, but still close to everything. This darling home has tiled floors throughout, a cute old fashioned a roomy kitchen with a dishwasher and a big living room. A beautiful new bedroom and double sink bathroom as been added to the house just this year..

Current Monthly Rents for June 2009 to June 2010 lease is $6,200.00 per month.

Tenant pays all utilities. 

Offered at $959,000 this is a GRM of Only 12.878.  Owner will consider  financing with 30% down and  carrying back the balance at 7% fixed for 10 years, interest only, or carry a second of 20% at 7% fixed for 15 years, interest only, on approved credit.  For a Property Profile, please click the 'More Info' button above.

All Showings are subject to an accepted offer.  Feel free to drive by, but please do not disturb occupants.

This property is located only blocks from the pristine beaches of the Pacific Ocean and the University of California Santa Barbara (UCSB).  It is only miles from the California Rivera of Santa Barbara and Internationally known Santa Barbara City College.

UCSB has a current enrollment of 20,000 students and 4,684 Faculty and Staff.  UCSB’s forecasts growth of 5,000 students and 1,736 Faculty and Staff by 2025.