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3963 Via Lucero, SANTA BARBARA, CA 93110

$5,475,000
Property Type: Res Inc Lot Size (sq. ft.): 21,780 Status: Closed
Current Price: $5,475,000 List Date: 9/12/2023 Last Modified: 9/15/2024

Overview

Description

3963 Via Lucero is a conveniently located multi-family property on a tree-lined street in the upper State St. area of Santa Barbara and with a WalkScore® of 78, allowing tenants to enjoy easy access to all that Santa Barbara has to offer. Property is comprised of 3 buildings with (9) 2Bed/1Bath, (6) 1Bed/1Bath, and (1) Studio surrounding an inviting pool. Property was originally built in 1963 and tenants enjoy 9 covered carports and 11 uncovered parking spaces and a common area laundry room. Electric and gas utilities are individually metered. Gross Rent, GRM, and CAP based on proforma rents. Property may be purchased with 427 W Islay St, a 22-unit apartment building.

Listing Details MLS# 23-2715

Location Info

District
15 - SB/EAST OF STATE
Street #
3963
Street Name
Via Lucero
State
CA
Country
US
Postal Code
93110
Compass Map
Santa Barbara
Map Grid
L10
County
Santa Barbara
Parcel Number
057-233-021
Cross Street
La Cumbre

Contract Info

Price
6250000
Financing
CTNL
Buyers Agent $/%
2
Begin Date
2023-09-11

Status Information

Sold Date
2023-12-14
Under Contract Date
2023-09-26

Property Information

Number of Units
16
Year Built
1963
Apx # Acres
0.5
Recurring Fees
No

Remarks

COVID Showing Remarks
By appointment only on scheduled tour dates. Tour Dates: Sept 20, 2023 1-3PM Sept 27, 2023 10 AM - 12 PM
Hot Sheet Comment
new

Owner Info

Deposit
175000

More Information

Unit 1

# Units
9
# Bedrooms
2
# Baths
Yes
Furnished
N
Rent
2750
Monthly Total
24750
# Half Baths
0

Unit 2

# Units
6
# Bedrooms
Yes
# Baths
Yes
Rent
2300
Monthly Total
13800

Unit 3

# Units
Yes
# Baths
Yes
Rent
2000
Monthly Total
2000
# Bedrooms
0

Neighborhood/Schools

Elementary School
Other
Junior High School
Other
High School
Other

Zoning

Other
Yes

Reports Available

Pest Inspection
Yes
Prelim
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Property Features

Zoning: Other Reports Available: Pest Inspection; Prelim Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: Battaglia Commercial Real Esta
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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