1716 Bath, SANTA BARBARA, CA 93101
$3,325,000
Property Type:
Res Inc
Lot Size (sq. ft.):
9,000
Status:
Closed
Current Price:
$3,325,000
List Date:
5/24/2022
Last Modified:
8/31/2022
Description
Great start to building your investment portfolio or to increase it. Convenient location to downtown and always easy to rent. Plenty of off-street parking and laundry on-site. Can also be bought together with 234 W. Valerio a 5 unit building priced at 2,250,000.
More Information MLS# 22-1677
Location Info
District: 20 - SB/WEST OF STATE
Street #: 1716
Street Name: Bath
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Thos. Bros. Map: sbr.4274
Map Grid: N12
County: Santa Barbara
Parcel Number: 027-091-018
Cross Street: Valerio
Contract Info
Current Price: $3,325,000
Price: 3200000
Buyers Agent $/%: 2.5
Begin Date: 2022-05-24
Status: Closed
Status Information
Sold Date: 2022-08-31
Sold Price: $3,325,000
Under Contract Date: 2022-06-01
Property Information
Number of Units: 7
Year Built: 1970
Apx Lot SqFt: 9000
Recurring Fees: No
Neighborhood/Schools
Elementary School: Roosevelt
Junior High School: LaCumbre
High School: S.B. Sr.
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 9
# Refrigerators: 7
# Stoves: 7
Unit 1
# Units: 4
# Bedrooms: 2
# Baths: 2
Furnished: N
Rent: 8950
Monthly Total: 8950
Unit 2
# Units: 1
# Bedrooms: 3
# Baths: 2
# Half Baths: 1
Rent: 3050
Monthly Total: 3050
Unit 3
# Units: 2
# Bedrooms: 1
# Baths: 1
Monthly Total: 3394
Income/Expenses
Total Monthly Income: 15394
Annual Income: 184728
Gross Rent Multiplr: 17
Capitalization Rate: 3.56
Meters
Sep Meter Elec: Y
Parking Info
Total # Carport Spaces: 9
Property Features
Unit 1: M/M
Unit 2: M/M
Unit 3: M/M
Unit 4: M/M
Condition: Good
Foundation: Slab
Parking Info: Carport
Laundry: Bldg
Heating/Cooling: Elec; Radia
Pets: No
Owner Provides: Water; Trash
Zoning: R-4
Exchange: No
Terms: Cash; Ctnl
Listing Type: ER
Contingent Remarks: HOME INSPECTN; REPORTS; SUBJ 2 INSPECT
Listing Office: Home Realty & Investments
Last Updated: August - 31 - 2022
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