| Ultra-rare waterfront-area apartment building for sale in the premier world-class coastal town of Santa Barbara, California |
| Property has been recently re-positioned to have 6 of the 8 units under landlord control, which carries a high-value premium in the local market |
| Currently 5 of the units are operated legally as short-term rentals, with one unit kept vacant for the next owner, and 2 units with long-term tenants |
| The 5 short-term rental (STR) units have recent upgrades and tasteful new furnishings; most furnishings in these units are included the sale |
| The property is being marketed based on its rental value as beach-area long-term luxury rentals, to insulate the next owner from any STR rule changes |
| Tenants enjoy proximity to Santa Barbara's best beach East Beach, known for its wide white sand and as a hotspot for the best beach volleyball players |
Ken Switzer
Berkshire Hathaway Commercial Division
