316 W Valerio Street, SANTA BARBARA, CA 93101
$3,288,000
Property Type:
Res Inc
Square Footage:
5,570
Lot Size (sq. ft.):
12,196
Status:
Closed
Current Price:
$3,288,000
List Date:
11/05/2023
Last Modified:
9/15/2024
Description
OPEN HOUSE 11/9 1130AM-130PM
316 W Valerio St is a stunning 8-unit investment opportunity located in the heart of Santa
Barbara, CA.
Situated on a parcel of land totaling 12,196 square feet, the subject property was
originally constructed in 1973 and features a gross building area of approximately 5,570
square feet. The subject property offers tenants beautifully designed two-bedroom and
one-bedroom floor plans.
More Information MLS# 23-3341
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: N12
Cross Street: Bath
District: 20 - SB/WEST OF STATE
Street #: 316
Dir: W
Street Name: Valerio
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 027-082-029
Contract Info
Buyers Agent $/%: 2.5
Current Price: $3,288,000
Price: 3395000
Begin Date: 2023-11-05
Status: Closed
Property Information
Year Built: 0
Stories: 2
Apx Lot SqFt: 12196
Apx # Acres: 0.28
Apx Lot Size FxD: 12196
Main House SqFt: 5570
Recurring Fees: No
Number of Units: 8
Neighborhood/Schools
Elementary School: See Remarks
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 0
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Foundation
Slab: 1
Miscellaneous
Parking Spaces: 16
Laundry
Laundry Room: 1
Amenities
Deck: 1
Patio: 1
Elec Stove: 1
Refrigerator: 1
Other: 1
Unit 1
# Units: 7
# Bedrooms: 1
# Baths: 7
# Half Baths: 0
Furnished: N
Rent: 2700
Monthly Total: 17188
Income/Expenses
Other Income: 3471
Annual Income: 236808
Capitalization Rate: 4.72
Actual: 1
Estimated: 1
Taxes: 36087
Insurance: 2530
Gas Expense: 1977
Trash Expense: 3791
Maintenance Expense: 6000
Security
Other: 1
Heating
Baseboard: 1
Pets
Yes: 1
Other: 1
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 1
Rent: 2546
Monthly Total: 2546
Zoning
R-3: 1
R-4: 1
Other: 1
Reports Available
Home Inspection: 1
Pest Inspection: 1
Prelim: 1
NHD: 1
Other: 1
Terms
Cash: 1
Listing Type
EA: 1
Meters
Sep Meter Elec: Y
Parking Info
Outside: 1
Total # Unconvered Spaces: 16
Flr/Wdw Coverings
Wood/Laminate: 1
Tile: 1
Vinyl: 1
Owner Provides
Water: 1
Trash: 1
Other: 1
Exchange
Yes: 1
Other: 1
Status Information
Sold Date: 2024-01-05
Sold Price: $3,288,000
Under Contract Date: 2023-11-17
Property Features
Condition: Excellent
Foundation: Slab
Parking Info: Outside
Laundry: Laundry Room
Amenities: Deck; Patio; Elec Stove; Refrigerator; Other
Security: Other
Heating: Baseboard
Pets: Yes; Other
Owner Provides: Water; Trash; Other
Zoning: R-3; R-4; Other
Reports Available: Home Inspection; Pest Inspection; Prelim; NHD; Other
Exchange: Yes; Other
Terms: Cash
Listing Type: EA
Listing Office:
Marcus and Millichap
Last Updated: September - 15 - 2024
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