4820 San Gordiano Avenue, SANTA BARBARA, CA 93111
$2,175,000
Property Type:
Res Inc
Square Footage:
3,560
Lot Size (sq. ft.):
8,712
Status:
Closed
Current Price:
$2,175,000
List Date:
8/26/2022
Last Modified:
9/30/2022
Description
This well-maintained, 4-unit multifamily asset is conveniently located just off Turnpike Rd., within easy access to the US 101 Freeway, and just minutes from downtown Santa Barbara. The prime location offers close proximity to retail shopping, restaurants, parks and a short walk from San Marcos High School, providing a steady and a solid tenant base. This approximately 3,560 SF building on 8,712 SF of land, with a favorable unit mix of (2) 1BD/1BA; (1) 2BD/1BA;(1) 3BD/2BA and comes with one dedicated covered parking space per unit. Offering huge upside potential, this property makes a fantastic opportunity for any type of investor, including owner-occupy.
More Information MLS# 22-2905
Location Info
District: 30 - SB/GOL SOUTH
Street #: 4820
Street Name: San Gordiano
Street Suffix: Avenue
State/Province: CA
Postal Code: 93111
Compass Map: Santa Barbara
Map Grid: J11
County: Santa Barbara
Parcel Number: 065-473-002
Cross Street: Turnpike Road
Contract Info
Current Price: $2,175,000
Price: 2165000
Buyers Agent $/%: 2.5
Begin Date: 2022-08-26
Status: Closed
Status Information
Sold Date: 2022-09-30
Sold Price: $2,175,000
Under Contract Date: 2022-09-17
Property Information
Number of Units: 4
Year Built: 1965
Main House SqFt: 3560
Apx Lot SqFt: 8712
Recurring Fees: No
Neighborhood/Schools
Elementary School: Vieja Valley
Junior High School: LaColina
High School: San Marcos
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 4
# Refrigerators: 4
# Stoves: 4
Unit 1
# Units: 1
# Bedrooms: 3
# Baths: 2
Furnished: N
Rent: 7420
Monthly Total: 7420
Unit 2
# Units: 2
# Bedrooms: 2
# Baths: 1
Unit 3
# Units: 3
# Bedrooms: 1
# Baths: 1
Unit 4
# Units: 4
# Bedrooms: 1
# Baths: 1
Income/Expenses
Total Monthly Income: 7420
Annual Income: 89040
Taxes: 22897
Total Annual Exp: 40156
Parking Info
Total # Carport Spaces: 4
Property Features
Condition: Good
Parking Info: Carport; Cpt #4
Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping
Zoning: Other
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: Radius Group Commercial R.E.
Last Updated: September - 30 - 2022
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