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:
4/20/2019
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
More Information MLS# 12-1129
Location Info
District: 15 - SB/EAST OF STATE
Street #: 3754
Street Name: SAN REMO
Street Suffix: Drive
State/Province: CA
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: L10
County: Santa Barbara
Parcel Number: 053-221-033
Cross Street: Hope Avenue
Contract Info
Current Price: $6,750,000
Price: 7000000
Financing: Cash
Buyers Agent $/%: 1.5
Begin Date: 2012-04-06
Status: Closed
Status Information
Sold Date: 2012-05-22
Sold Price: $6,750,000
Under Contract Date: 2012-05-14
Property Information
Number of Units: 29
Stories: 2
Year Built: 1964
Apx # Acres: 1
Assessor's Data
Assessor Year Built: 1964
Assessor SqFt: 24411
Assessor Lot Acres: 1
Neighborhood/Schools
Neighborhood: 15 - San Roque
Elementary School: Hope
Junior High School: LaColina
High School: S.B. Sr.
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Unit 1
# Units: 20
# Bedrooms: 2
# Baths: 1
# Half Baths: 1
Furnished: N
Rent: 1610
Monthly Total: 32205
Unit 2
# Units: 9
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 1257
Monthly Total: 11315
Income/Expenses
Total Monthly Income: 43520
Other Income: 2349
Annual Income: 546228
Meters
Sep Meter Wtr: N
Sep Meter Elec: Y
Property Features
Unit 1: Lease
Unit 2: Lease
Parking Info: Carport; Uncovered
Proximity: Near Bus; Near School(s); Near Shopping
Laundry: Laundry Room
Heating/Cooling: Elec
Zoning: R-3; S-D
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: The Channel Group
Last Updated: April - 20 - 2019
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