New price! A unique opportunity to own 2 homes plus studio in a prime Santa Barbara location, offering exceptional versatility for investors, multigenerational living or those seeking to offset ownership costs with rental income. Fully rented, total income could be $10,900/ month at a 5.3 Cap Rate. 610 W Valerio is a charming 2- bedroom/ 1- bathroom home with original hardwood floors and a private patio. 1702 Sunset is set up as a spacious 4- bedroom/ 2- bathroom house with a rooftop patio and mountain views, and a bright studio with a private patio. The houses are separately metered, have their own laundry areas and a shared driveway for off- street parking. Recent updates include a newer sewer line, new water heater, roof, fresh paint and new carpet in 610 Valerio and a new water heater, new kitchen cabinets & countertops in 1702 Sunset. This is an ideal investment property with the opportunity to live in one unit and generate rental income!