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55 Ocean View Avenue, SANTA BARBARA, CA 93103

$6,900,000
Property Type: Res Inc Status: Closed
Current Price: $6,900,000 List Date: 9/20/2021 Last Modified: 9/20/2021

Description

This extensively remodeled 11-unit property is located on the Lower Riviera, very close to the Montecito Country Club. With easy access to Coast Village Road as well as Downtown Santa Barbara, this property is perfectly situated to provide maximum amenities to renters. This gorgeous property is completely updated with beautiful modern finishes, from the custom painted exterior down to the modern fixtures inside and out. The apartment homes feature: white shaker cabinets, white quartz counter tops, modern tile floors, wood laminate floors, spa-like bathrooms with soaker bath tub, black-out shades in the bedroom, white subway tile and recessed lighting.

Supplements: Townhome units have private downstairs patio off the kitchen and private upstairs balcony off master bedroom. The one-bedroom units also have the same finishes with a large open gourmet kitchen. All units have frontloading washer and dryer, stainless appliances and new dual pane windows. Beautiful common grass area with BBQ, picnic table and bike racks. All tenants have assigned covered carport parking with extra storage. There is potential to value-add to the property.

More Information MLS# 21-3527

Location Info

District: 20 - SB/WEST OF STATE Street #: 55 Street Name: Ocean View Street Suffix: Avenue State/Province: CA Postal Code: 93103 Compass Map: Santa Barbara Map Grid: Q12 County: Santa Barbara Parcel Number: 015-271-029 Cross Street: S Salinas Street

Contract Info

Current Price: $6,900,000 Price: 6900000 Buyers Agent $/%: 2.5 Begin Date: 2021-09-20 Status: Closed

Status Information

Sold Date: 2021-09-20 Sold Price: $6,900,000 Under Contract Date: 2021-09-20

Property Information

Number of Units: 11 Recurring Fees: No

Neighborhood/Schools

Elementary School: Franklin Junior High School: S.B. Jr. High School: S.B. Sr.

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

Unit 1

# Units: 9 # Bedrooms: 2 # Baths: 1 # Half Baths: 1 Furnished: N Rent: 33200 Monthly Total: 33200

Unit 2

# Units: 2 # Bedrooms: 1 # Baths: 1

Property Features

Zoning: Other Terms: Cash; Ctnl Listing Type: ER
Listing Office: Radius Group Commercial R.E.
Last Updated: September - 20 - 2021
55 Ocean View Avenue, SANTA BARBARA, CA 93103- MLS# 21-3527
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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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