1929 San Andres Street, SANTA BARBARA, CA 93101
$1,250,000
Property Type:
Res Inc
Square Footage:
1,200
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$1,250,000
List Date:
5/14/2020
Last Modified:
7/15/2020
Description
Opportunity to own a well located Santa Barbara 3-unit apartment complex. 3 units including approx 1,200 sf single family house + duplex. Each duplex approx 900 sf. Situated on 10,890 sf R-2 lot in Santa Barbara neighborhood. Units are single story and separately metered for electricity and gas. 2 water meters on property. Great unit mix of 1933 San Andres (3+2); 1931 San Andres (2+1); 1929 San Andres (3+1). Under market rents. Minutes to beautiful Santa Barbara beaches and vibrant downtown!
More Information MLS# 20-849
Location Info
District: 20 - SB/WEST OF STATE
Street #: 1929
Street Name: San Andres
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 043-122-007
Cross Street: Mission
Contract Info
Current Price: $1,250,000
Price: 1350000
Financing: Fixed
Buyers Agent $/%: 2.5
Begin Date: 2020-03-05
Status: Closed
Status Information
Sold Date: 2020-07-14
Sold Price: $1,250,000
Under Contract Date: 2020-06-01
Property Information
Number of Units: 3
Stories: 1
Year Built: 1910
Main House SqFt: 1200
Other Structures SqFt: 1800
Apx # Acres: 0.25
Apx Lot SqFt: 10890
Recurring Fees: No
Neighborhood/Schools
Neighborhood: 20 - Westside
Elementary School: Harding
Junior High School: LaCumbre
High School: San Marcos
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 4555
Unit 1
# Units: 1
# Bedrooms: 3
# Baths: 1
Furnished: N
Rent: 2300
Monthly Total: 2300
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 1
Rent: 2700
Monthly Total: 2700
Unit 3
# Units: 1
# Bedrooms: 3
# Baths: 1
Rent: 2235
Monthly Total: 2235
Income/Expenses
Total Monthly Income: 7235
Annual Income: 86820
Gross Rent Multiplr: 15.5
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Total # Carport Spaces: 5
Property Features
Condition: Fair
Foundation: Slab; Raised
Parking Info: Carport
Laundry: Some
Amenities: Fireplace; Gas Stove
Flr/Wdw Coverings: Carpet; Wood/Laminate; Tile
Heating/Cooling: Wall; Ceiling Fan(s)
Owner Provides: Water; Trash
Zoning: R-2
Terms: Cash; Ctnl
Listing Type: ER
Pub Listing Details: None
Contingent Remarks: HOME INSPECTN; LOAN APPROVAL
Listing Office: Re/Max Gold Coast Realtors
Last Updated: July - 15 - 2020
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