Seller financing
No Bank Needed — Seller Finance · Single Family · Santa Barbara, CA
1415 State St, Santa Barbara, CA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths6 / 2.5
Living area3,228 sqft
Lot0.18 acres
Year built1991
About this deal
No bank needed. Seller offering creative terms on this single-family home located at 1415 STATE ST, Santa Barbara, CA. Purchase price $290,000. Flexible down payment, negotiable rate, clean title. Seller is motivated and the process is straightforward.
The numbers
- Cap rate
- 10.1%
- Net operating income
- $31,512/yr
- Cash flow
- +$2,626/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.