1210 Cacique Street, SANTA BARBARA, CA 93103
$5,725,000
Property Type:
Land
Lot Size (sq. ft.):
217,800
Status:
Closed
Current Price:
$5,725,000
List Date:
9/20/2017
Last Modified:
9/16/2024
Description
This offering is for 5 acres of land encumbered with a master lease which has 13 years remaining and no options to renew. Master Lessee has improved the property with a 69 unit trailer park. Park is subject to city of Santa Barbara mobile home rent control. 2% cap rate based on ground lease rents received in 2016.
More Information MLS# 17-3185
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: Q12
Cross Street: Soledad
District: 15 - SB/EAST OF STATE
Street #: 1210
Street Name: Cacique
Street Suffix: Street
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 017-260-020
Contract Info
Financing: Cash
Buyers Agent $/%: 2
Current Price: $5,725,000
Price: 6500000
Begin Date: 2017-09-19
Status: Closed
Property Information
Apx # Acres: 5
TYP: Res Multi-Unit
Neighborhood/Schools
Elementary School: Cleveland
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
View
Mountain(s): 1
Location/Topo
Level: 1
Site Improvements
Public: 1
Private: 1
Proximity
Near Bus: 1
Near Ocean: 1
Near Shopping: 1
Utility Info
Electric: 1
Water: 1
Gas: 1
Sewer: 1
Telephone: 1
Cable: 1
Water/Sewer
S.B. Wtr: 1
Zoning
R-3: 1
Terms
Cash: 1
Exchange: 1
Listing Type
ER: 1
Pub Listing Details
None: 1
Status Information
Sold Date: 2018-06-19
Sold Price: $5,725,000
Under Contract Date: 2017-09-20
Property Features
Utility Info: Electric; Water; Gas; Sewer; Telephone; Cable
View: Mountain(s)
Site Improvements: Public; Private
Proximity: Near Bus; Near Ocean; Near Shopping
Zoning: R-3
Terms: Cash; Exchange
Listing Type: ER
Pub Listing Details: None
SB MH Rent Control Ordinance ›
Listing Office:
San Roque Realty Inc
Last Updated: September - 16 - 2024
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