156 Olive Street, SUMMERLAND, CA 93067
$2,625,000
Property Type:
Res Inc
Status:
Closed
Current Price:
$2,625,000
List Date:
9/05/2015
Last Modified:
4/18/2019
Description
Rare opportunity to acquire a high quality, ocean view asset just south of
Santa Barbara in Summerland. This 8 unit complex includes 2 freestanding
buildings, one with a unit mix of (1) 3BD+2BA units and (2) 1BD+1BA units,
and the other with (5) 1BD+1BA townhouse style units. Excellent opportunity for an owner-user to live in one unit with income from the other seven.
More Information MLS# 15-3020
Location Info
District: 05 - CARPINTERIA-SUMMERLAND
Street #: 156
Street Name: Olive
Street Suffix: Street
State/Province: CA
Postal Code: 93067
Compass Map: Santa Barbara
Map Grid: V12
County: Santa Barbara
Parcel Number: 005-201-007
Cross Street: Shelby
Contract Info
Current Price: $2,625,000
Price: 2850000
Buyers Agent $/%: 2.5
Begin Date: 2015-09-05
Status: Closed
Status Information
Sold Date: 2016-03-17
Sold Price: $2,625,000
Under Contract Date: 2015-12-18
Property Information
Number of Units: 8
Year Built: 1970
Recurring Fees: No
Neighborhood/Schools
Elementary School: Other
Junior High School: Other
High School: Other
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 10
Unit 1
# Units: 5
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 11060
Monthly Total: 11060
Unit 2
# Units: 2
# Bedrooms: 1
# Baths: 1
Monthly Total: 2550
Unit 3
# Units: 1
# Bedrooms: 3
# Baths: 2
Monthly Total: 2000
Meters
Sep Meter Elec: Y
Sep Meter Gas: Yes
Property Features
Parking Info: Carport
Proximity: Near Bus; Near Ocean; Near Park(s); Near Shopping
Amenities: Deck; Patio
Heating/Cooling: Wall
Zoning: Other
Reports Available: Pest Inspection; Prelim; Roof; Survey; Leases
Terms: Cash; OTHER/CLA
Listing Type: ER
Documents
Flyer ›Listing Office: Radius Group Commercial R.E.
Last Updated: April - 18 - 2019
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