121 S Voluntario Street, SANTA BARBARA, CA 93103
$2,175,000
Property Type:
Res Inc
Square Footage:
3,508
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$2,175,000
List Date:
11/29/2023
Last Modified:
9/15/2024
Description
Excellent 1031 Exchange or Investment Opportunity. Three separate residences on a large parcel located at the edge of where the Santa Barbara Riviera meets the lower Eastside & within close proximity to East Beach and all that Cabrillo Blvd has to offer. Updated original Craftsman front residence built in the early 1900's offers 2bd/1ba plus 2 car garage and is currently rented at $3190. Recently constructed in 2016, the second residence is a polished Craftsman offering mountain views, 3bd/2ba plus 2 car garage and is rented at $3630. Charming old world third residence was moved to the rear of the property in 1930's from East Cabrillo Blvd and offers 2bd/2ba and 2 uncovered parking spots. Explore the prospective opportunities of this unique residential income unit.
Supplements: Potential building site for 4th residence/ADU. Total yearly rents: $120,120. Estimate total lot size: 13,068+/-. Each unit offers 2 parking spaces (two 2 car garages & 2 open spaces). All units offer private laundry facilities.
More Information MLS# 23-3536
Location Info
District: 15 - SB/EAST OF STATE
Street #: 121
Dir: S
Street Name: Voluntario
Street Suffix: Street
State/Province: CA
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: Q12
County: Santa Barbara
Parcel Number: 017-221-019
Cross Street: Cacique
Contract Info
Current Price: $2,175,000
Price: 2400000
Financing: Cash
Buyers Agent $/%: 2.5
Begin Date: 2023-11-28
Status: Closed
Status Information
Sold Date: 2024-02-12
Sold Price: $2,175,000
Under Contract Date: 2024-01-24
Property Information
Number of Units: 3
Stories: 2
Year Built: 1913
Main House SqFt: 3508
Apx # Acres: 0.3
Apx Lot SqFt: 13068
Recurring Fees: No
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 6
# Refrigerators: 3
# Stoves: 3
Unit 1
# Units: 1
# Bedrooms: 2
# Baths: 1
Furnished: N
Rent: 3190
Monthly Total: 3190
Unit 2
# Units: 2
# Bedrooms: 3
# Baths: 2
Furnished: N
Rent: 3630
Monthly Total: 3630
Unit 3
# Units: 3
# Bedrooms: 2
# Baths: 2
Furnished: N
Rent: 3190
Monthly Total: 3190
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Total # Garage Spaces: 4
Total # Unconvered Spaces: 2
Property Features
Unit 1: M/M
Unit 2: M/M
Unit 3: M/M
Condition: Excellent; Good
Foundation: Slab; Raised; Mixed
Parking Info: Garages; Uncovered; Mixed; Gar #4; Unc #2
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: In Unit
Pets: Yes
Owner Provides: Water; Trash
Zoning: R-2; Other
Exchange: Other
Terms: Cash; Ctnl
Listing Type: ER
Pub Listing Details: None
Contingent Remarks: CONTACT AGENT
Listing Office: Compass
Last Updated: September - 15 - 2024
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