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3754 SAN REMO Drive, SANTA BARBARA, CA 93105

$6,750,000
Property Type: Res Inc Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $6,750,000 List Date: 4/06/2012 Last Modified: 9/15/2024

Overview

Description

29 Unit apartment complex located in A+ location in the Upper State Street area / Hope neighborhood. Unit mix: 20 (2 Bedroom / 1.5 Bath *townhome style units*) & 9 (1 Bedroom / 1 Bath *single level units*). Large units with spacious floor plans. Rents are below market. Features mix of covered & uncovered parking, common coin-operated laundry room and large manager's/leasing office with extra room

Listing Details MLS# 12-1129

Location Info

District
15 - SB/EAST OF STATE
Street #
3754
Street Name
SAN REMO
Street Suffix
Drive
State
CA
Country
US
Postal Code
93105
Compass Map
Santa Barbara
Map Grid
L10
County
Santa Barbara
Parcel Number
053-221-033
Cross Street
Hope Avenue

Contract Info

Price
7000000
Financing
Cash
Buyers Agent $/%
1.5
Begin Date
2012-04-06

Status Information

Sold Date
2012-05-22
Under Contract Date
2012-05-14

Property Information

Number of Units
29
Stories
2
Year Built
1964
Apx # Acres
Yes

Assessor's Data

Assessor Year Built
1964
Assessor SqFt
24411
Assessor Lot Acres
Yes

NeighborhoodSchools

Neighborhood
15 - San Roque

More Information

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

Unit 1

# Units
20
# Bedrooms
2
# Baths
Yes
# Half Baths
Yes
Furnished
N
Rent
1610
Monthly Total
32205
Lease
Yes

Unit 2

# Units
9
# Bedrooms
Yes
# Baths
Yes
Furnished
N
Rent
1257
Monthly Total
11315
# Half Baths
0
Lease
Yes

Meters

Sep Meter Wtr
N
Sep Meter Elec
Y

Neighborhood/Schools

Elementary School
Hope
Junior High School
LaColina
High School
S.B. Sr.

Proximity

Near Bus
Yes
Near School(s)
Yes
Near Shopping
Yes

Laundry

Laundry Room
Yes

Income/Expenses

Total Monthly Income
43520
Other Income
2349
Annual Income
546228

Heating

Elec
Yes

Zoning

R-3
Yes
S-D
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Parking Info

Carport
Yes
Outside
Yes

Property Features

Unit 1: Lease Unit 2: Lease Parking Info: Carport; Carport; Outside Proximity: Near Bus; Near School(s); Near Shopping Laundry: Laundry Room Heating: Elec Zoning: R-3; S-D Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: The Channel Group
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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