280 Mathilda Drive, GOLETA, CA 93117
$4,000,000
Property Type:
Res Inc
Square Footage:
7,510
Lot Size (sq. ft.):
10,018
Status:
Closed
Current Price:
$4,000,000
List Date:
4/27/2023
Last Modified:
9/15/2024
Description
280 Mathilda Dr. is a well located apartment complex in Goleta consisting of 12 1BD/1BA units with a mix of covered and carport parking. The location has convenient access to various shopping centers including Camino Real Marketplace, Hollister Village, and Storke Plaza which are home to a majority of
the area's national retailers including Costco, Home Depot and Target. This area also draws significant traffic from UCSB and therefore vacancy remains low with a continuous need for housing for students,
staff and workforce. The neighborhood also provides great access to a plethora of beaches and trails, Girsh Park, Monarch Butterfly Grove, Sandpiper Golf Course and The Ritz-Carlton Bacara. Current rents
produce a cap rate of 4.21%.
More Information MLS# 23-1122
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: D11
Cross Street: Hollister Ave
District: 35 - SB/GOL NORTH
Street #: 280
Street Name: Mathilda
Street Suffix: Drive
State: CA
Postal Code: 93117
County: Santa Barbara
Parcel Number: 079-552-010
Contract Info
Buyers Agent $/%: 2.5
Current Price: $4,000,000
Price: 4195000
Begin Date: 2023-04-27
Status: Closed
Property Information
Year Built: 1967
Apx Lot SqFt: 10018
Main House SqFt: 7510
Recurring Fees: No
Number of Units: 12
Neighborhood/Schools
Elementary School: Other
Junior High School: Gol Valley
High School: Dos Pueblos
Owner Info
Deposit: 125850
Remarks
Hot Sheet Comment: new
Unit 1
# Units: 12
# Bedrooms: 12
# Baths: 12
# Half Baths: 0
Furnished: N
Rent: 2200
Monthly Total: 25825
Income/Expenses
Gross Rent Multiplr: 15.10
Capitalization Rate: 4.21%
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Status Information
Sold Date: 2023-07-06
Sold Price: $4,000,000
Under Contract Date: 2023-05-08
Property Features
Zoning: Other
Terms: Cash; Conventional
Listing Type: ER
Documents
Listing Office:
Radius Group Commercial R.E.
Last Updated: September - 15 - 2024
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers.
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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