316 W Valerio Street, SANTA BARBARA, CA 93101
$2,775,000
Property Type:
Res Inc
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$2,775,000
List Date:
7/12/2018
Last Modified:
4/17/2019
Description
If your investors are looking for a turn key 8 unit apartment with very low turn over this is the one for them. Recently remodeled with new kitchen and counters, beautiful floors, and much more. Located downtown so it's close to everything a renter could need. 16 parking spots, two for every residence. Very clean very easy to manage. Brand new coin op units in washer and dryer room. New interior and exterior paint. New roof in 2011.
More Information MLS# 18-2526
Location Info
District: 20 - SB/WEST OF STATE
Street #: 316
Dir: W
Street Name: Valerio
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 027-082-029
Cross Street: Bath
Contract Info
Current Price: $2,775,000
Price: 2795000
Buyers Agent $/%: 2.5
Begin Date: 2018-07-11
Status: Closed
Status Information
Sold Date: 2018-11-16
Sold Price: $2,775,000
Under Contract Date: 2018-09-13
Property Information
Number of Units: 8
Stories: 2
Year Built: 1973
Apx # Acres: 0.28
Recurring Fees: No
Neighborhood/Schools
Neighborhood: 15 or 20 - Downtown
Elementary School: Other
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 16
Unit 1
# Units: 8
# Bedrooms: 9
# Baths: 8
Furnished: N
Rent: 14615
Monthly Total: 14615
Income/Expenses
Total Monthly Income: 14615
Other Income: 230
Annual Income: 177780
Capitalization Rate: 4.43%
Taxes: 31266
Meters
Sep Meter Wtr: N
Sep Meter Elec: Y
Parking Info
Total # Unconvered Spaces: 16
Property Features
Condition: Excellent
Foundation: Slab
Parking Info: Uncovered
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Flr/Wdw Coverings: Tile
Handicapped Access: Wheelchair Access
Zoning: R-4
Terms: Cash
Listing Type: ER
Pub Listing Details: Owner is Licensee
Contingent Remarks: HOME INSPECTN; REPORTS
Documents
Valerio expenses and profits ›Listing Office: Hayworth Group
Last Updated: April - 17 - 2019
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