401 W Los Olivos Street, SANTA BARBARA, CA 93105 (MLS# 20-173)

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401 W Los Olivos Street, SANTA BARBARA, CA 93105

$4,700,000

Property Type: Res Inc Status: Closed

Current Price: $4,700,000 List Date: 1/16/2020 Last Modified: 9/15/2024

Overview

Description

For Statistical Purposes Only 18-unit apartment building with designated parking spaces, located just a block from Cottage Hospital. Two story building with separately metered electricity and gas. Well maintained, private courtyard and excess land in the back. Laundry on site.

Listing Details MLS# 20-173

Location Info

District: 20 - SB/WEST OF STATE
Street #: 401
Dir: W
Street Name: Los Olivos
Street Suffix: Street
State: CA
Country: US
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 025-221-006
Cross Street: Castillo St

Contract Info

Price: 4700000
Buyers Agent $/%: 2.5
Begin Date: 2020-01-16

Status Information

Sold Date: 2020-01-16
Under Contract Date: 2020-01-16

Property Information

Number of Units: 18
Year Built: 1963
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Miscellaneous

Parking Spaces: 18

Unit 1

# Units: 18
# Bedrooms: Yes
# Baths: 18
Furnished: N
Rent: 1350
Monthly Total: 23945
# Half Baths: 0

Neighborhood/Schools

Elementary School: Other
Junior High School: Other
High School: Other

Income/Expenses

Capitalization Rate: 5.03%
Estimated: Yes

Zoning

Other: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Property Features

Zoning: Other Terms: Cash Listing Type: ER

Listing Office: Radius Group Commercial R.E.

Last Updated: September - 15 - 2024

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