1125 N MILPAS Street, SANTA BARBARA, CA 93101
$735,500
Property Type:
Res Inc
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$735,500
List Date:
11/16/2011
Last Modified:
4/20/2019
Description
Attractive triplex in lower Riviera location across from Santa Barbara County Bowl. Assigned covered parking space per unit. Large storage area. Near shopping, ocean & parks. EZ frwy access. Great investment property. Unit mix of 2-1Bd/1BA and 1-2Bd/1Ba. Please DO NOT DISTURB TENANTS
More Information MLS# 11-1939
Location Info
District: 15 - SB/EAST OF STATE
Street #: 1125
Dir: N
Street Name: MILPAS
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P11
County: Santa Barbara
Parcel Number: 029-192-009
Cross Street: Anapamu
Contract Info
Current Price: $735,500
Price: 775000
Financing: Adjustable
Buyers Agent $/%: 2.5
Begin Date: 2011-05-26
Status: Closed
Status Information
Sold Date: 2012-03-21
Sold Price: $735,500
Under Contract Date: 2012-01-27
Property Information
Number of Units: 3
Stories: 1
Year Built: 1958
Apx Lot Size FxD: 51X103
Apx # Acres: 0.12
Apx Lot SqFt: 5227
Assessor's Data
Assessor Lot Acres: 0.12
Neighborhood/Schools
Neighborhood: 15 - Riviera/Lower
Elementary School: Other
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 4
# Refrigerators: 3
# Stoves: 3
Unit 1
# Units: 2
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 1200
Monthly Total: 2400
Unit 2
# Units: 1
# Bedrooms: 2
Rent: 1600
Monthly Total: 1600
Income/Expenses
Total Monthly Income: 4000
Annual Income: 48000
Gross Rent Multiplr: 17.19
Capitalization Rate: 3.98
Taxes: 9075
Total Annual Exp: 15147
NOI: 32853
Meters
Sep Meter Elec: Y
Sep Meter Gas: Yes
Property Features
Unit 1: M/M
Unit 2: M/M
Condition: Good
Foundation: Raised; Mixed
Parking Info: Carport; Cpt #3
Proximity: Near Bus; Near Ocean; Near School(s); Near Shopping
Owner Provides: Water; Trash
Zoning: R-3
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: Filip & Company
Last Updated: April - 20 - 2019
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