622 W Valerio Street, SANTA BARBARA, CA 93101 (MLS # 26-3196)

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View Virtual Tour PRICE $1,489,500 BEDS 4 BATHS 2 HOME SIZE 1,612 sqft LOT SIZE 5,228 sqft Request More Info Schedule a Showing

This delightful DUPLEX presents a special opportunity to own two charming single-story 2BD/1BA residences, each with its own attached 1-car garage, w/laundry hookups, fenced front garden and private side patio. One residence offers an excellent owner-occupancy opportunity while the other provides existing rental income--an ideal blend of lifestyle, flexibility and investment potential. Recent improvements include a new roof, garage doors, gutters & downspouts. Unit #622 has refinished hardwood floors, new paint & window coverings. Each unit is separately metered for utilities. Conveniently located on a treelined street near shopping, downtown Santa Barbara and the beach. A rare opportunity to own a versatile Santa Barbara property. Delightful Santa Barbara Duplex, Centrally Located on a Tree-Lined Street! A wonderful opportunity to own a Santa Barbara duplex offering the privacy and functionality of two individual homes--combined with the income potential and flexibility of a multi-unit property. Welcome to 622 & 624 W. Valerio Street, an exceptionally appealing duplex featuring two separate 2-bedroom, 1-bath single-story residences, each designed to provide a true sense of independence and privacy. What sets this property apart is the thoughtful configuration of each residence. Each unit has its own attached one-car garage with laundry hookups, its own fenced front garden & lawn area, and its own private fenced side patio. Rather than feeling like a traditional apartment-style duplex, each residence offers many of the features buyers appreciate in a single-family home. One of the property's most compelling advantages is its flexibility. One unit currently offers an opportunity for a new owner to occupy that residence. The second unit is currently occupied, providing an existing rental income component. For an owner-occupant, this presents the possibility of living in one home while generating rental income from the other. For an investor, the property offers two separate 2-bedroom, 1-bath residences with desirable features that can contribute to long-term rental appeal. For a buyer seeking flexibility, the two-unit configuration provides options that a conventional single-family property simply cannot. WHY IS THIS DUPLEX IS DIFFERENT? Many duplexes offer shared outdoor areas, shared garages or limited parking and laundry facilities. Each residence has its own garage. Each residence has its own laundry hookups. Each residence has its own fenced front garden. Each residence has its own side patio. Each unit has separately metered water, gas & electric utilities. New roof, gutters & downspouts & garage doors ehance its overall value. Unit #622 has refinished hardwood floors, window coverings & paint. The result is a property that offers the convenience of two independent homes while maintaining the advantages of a single real estate investment. Multi-unit properties in Santa Barbara offer a particularly compelling combination of ownership flexibility and income potential. Finding one with two 2-bedroom residences, individual garages and private outdoor spaces make this property especially noteworthy. Whether you're looking to: " Live in one unit and rent the other " Build or expand a Santa Barbara investment portfolio " Own a property with multiple future-use possibilities " Combine personal use with rental income " Acquire a versatile multi-unit property in Santa Barbara That simple combination captures what makes this property special. 622 & 624 W. Valerio Street offer the opportunity to own two separate Santa Barbara residences in one property--with privacy, outdoor space, garages, laundry facilities and income-producing potential. A rare opportunity. A flexible investment. Two places to call home.