Timm Delaney | (805) 895 - 1109
 

Search for Homes


$3,365,000
316 W Micheltorena St
SANTA BARBARA, CA 93101
MLS# 14-2234
Status: Closed



316 W Micheltorena St, SANTA BARBARA, CA 93101
  1 / 18  
316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101 316 W Micheltorena St, SANTA BARBARA, CA 93101

Property Description
Victorian 12-plex. Classic property. Lrge multifam, 12 units, 3 seprt bldngs. Ample prkng, carports. High ceilings. Old world charm, great location Downtown. Each unit unique. Sep. metered electric/most gas. Great privacy, central crtyard, fenced. Tremendous pride of ownership Victorian. Lots of light/tall windows. Washer/dryer on site. Below Mkt Rents! Do Not Ditrb Tenants!

Details
Maps
Documents
Location Info
District: 20 - SB/WEST OF STATE
Street #: 316
Dir: W
Street Name: Micheltorena
Street Suffix: St
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 027-212-026
Cross Street: Bath
Contract Info
Current Price: $3,425,000
Price: 3365000
Buyers Agent $/%: 2.25
Begin Date: 2014-07-15
Status: Closed
Status Information
Sold Date: 2014-09-03
Sold Price: $3,425,000
Under Contract Date: 2014-08-01
Property Information
Number of Units: 12
Year Built: 1900
Apx # Acres: 0.62
Neighborhood/Schools
Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Unit 1
# Units: 2
# Bedrooms: 2
# Baths: 1
Furnished: N
Rent: 1950
Monthly Total: 3750
Unit 2
# Units: 6
# Bedrooms: 1
# Baths: 1
Rent: 1800
Monthly Total: 9100
Unit 3
# Units: 4
# Baths: 4
Rent: 1400
Monthly Total: 5100
Income/Expenses
Total Monthly Income: 18140
Other Income: 2400
Annual Income: 217680
Gross Rent Multiplr: 15.6
Capitalization Rate: 4
Taxes: 12000
NOI: 134,292.00
Meters
Sep Meter Elec: Y
Sep Meter Gas: Yes
Property Features
Unit 1: M/M
Unit 2: M/M
Condition: Good
Foundation: Raised
Parking Info: Carport; Mixed; Detached
Proximity: Near Bus; Near School(s)
Laundry: Room
Amenities: Washer; Dryer
Flr/Wdw Coverings: Carpet; Hardwood
Security: Fire; Smoke Detc
Zoning: Other
Terms: Cash; Ctnl; Ctel
Listing Type: ER
Contingent Remarks: REPORTS

Listing Office: Harbor View Real Estate and Investments

Last Updated: February - 03 - 2021

316 W Micheltorena St, SANTA BARBARA, CA 93101 - MLS# 14-2234
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.