100 E 102 E Haley St, Santa Barbara, CA 93101

Fully occupied, Mixed Use Investment Property at 5.23% cap rate!!! This downtown Santa Barbara property at the signalized intersection of Anacapa and Haley features 4 fully furnished 1 bedroom, 1 bath residential units located above 2 highly versatile commercial spaces consisting of approximately 1,100 SF each. The commercial units are occupied by solid tenants; Pedego Electric Bikes and Santa Barbara Shoe Repair, both with a good track record of success, and they have significant lease term remaining on their leases. The building has recently been painted & each residential unit is beautifully updated to include noise reducing dual pane windows, refinished oak hardwood floors, and much more. These fully furnished apartments include kitchen appliances, flat screen televisions, & Apple TV® This property is located in the rapidly gentrifying East Haley Street area with 152 apartment units and 14,600 SF of commercial space under construction or approved within 1/2-mile radius. Ideally situated, 1 block to State Street and the up and coming craft beer trail, close to the beach, Stearn's Warf, Funk Zone and the new La Entrada, 5-star Hotel Californian.