$2,800,000

2347 Shelby Street

5 Beds 7 Baths 6,098.4 Sq.Ft.

Description

Owner-user investment opportunity in the heart of Summerland. This vacant ocean-view penthouse is part of a four-unit property and creates a rare opportunity to live in the premier unit while benefiting from income-producing rental apartments below. The penthouse features 2 bedrooms, 2 bathrooms, and an exceptional approx. 800 sq ft panoramic ocean-view deck designed for indoor-outdoor coastal living. The remaining units include one studio and two 2-bedroom, 1.5-bath townhouse-style apartments. Set on a street-to-street lot, the property offers additional long-term upside through thoughtful improvements, enhanced outdoor spaces, and continued optimization of the existing rental configuration. A compelling Summerland opportunity for buyers seeking ocean views, flexibility, income potential, and future value creation in one of the South Coast's most charming coastal communities.

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Location

2347 Shelby Street, SUMMERLAND, CA 93067

Status

Active Under Contract

Property Amenities

Interior

Laundry room Laundry Room

Total Bedrooms: 5

Half Bathrooms: 2

Full Bathrooms: 5

Area & Lot

Lot Area 6,098.4 Sq.Ft.

MLS® ID 26-2394

Year Built 1973

High School Carp. Sr.

Middle School Carp. Jr.

Elementary School Summerland

View Description Park/Greenbelt,Beach,Mountain(s),Islands,Coastline,Ocean,City,Harbor,Wooded,Panoramic

Architecture Styles Cape Cod

Type Residential

Status Active Under Contract

Exterior

Stories 3

Garage Space 2.0

Parking Carport, Garage

Finance

Sales Price $2,800,000

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$2,800,000