602 E Valerio Street, SANTA BARBARA, CA 93103
$1,495,000
Property Type:
Res Inc
Lot Size (sq. ft.):
11,253
Status:
Closed
Current Price:
$1,495,000
List Date:
8/15/2013
Last Modified:
4/19/2019
Description
Prime location for income property. Rents under mkt.value. With cosmetic repairs, major potential for increased income.Units #1& #2 have private individual w/d in carport.Unit #3 has in unit laundry. All units have wd flrs, carpet and tile. Kitchen's & baths have been upgraded.Each unit has off st. prking for 1 car (unit #3 has two).BdrmS.in #3 have peak of ocean & lrg.storage area.Roosevelt sch.
Supplements: Naturally light, bright, open floor plans with private yards and charming outdr. space.. #3 has charm, french drs and wet bar off of kitchen. Beautiful pavered driveway, stone walls and mature landscaping complement and add privacy throughout. Very easy to show with wonderful accommodating tenants.
More Information MLS# 13-2635
Location Info
District: 15 - SB/EAST OF STATE
Street #: 602
Dir: E
Street Name: Valerio
Street Suffix: Street
State/Province: CA
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: O11
County: Santa Barbara
Parcel Number: 027-270-001
Cross Street: OLIVE
Contract Info
Current Price: $1,495,000
Price: 1599000
Buyers Agent $/%: 2.5
Begin Date: 2013-08-15
Status: Closed
Status Information
Sold Date: 2013-12-24
Sold Price: $1,495,000
Under Contract Date: 2013-09-09
Property Information
Number of Units: 3
Stories: 1
Year Built: 1930
Apx # Acres: 0.26
Apx Lot SqFt: 11253
Neighborhood/Schools
Neighborhood: 15 - Upper Eastside
Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 4
# Refrigerators: 3
# Stoves: 3
Unit 1
# Units: 1
# Bedrooms: 2
# Baths: 1
Furnished: N
Rent: 2300
Monthly Total: 2300
Unit 2
# Units: 2
# Bedrooms: 2
# Baths: 1
Rent: 1800
Monthly Total: 1800
Unit 3
# Units: 3
# Bedrooms: 3
Rent: 2300
Monthly Total: 2300
Income/Expenses
Total Monthly Income: 6400
Annual Income: 76800
Maintenance Expense: 200
Total Monthly Exp: 610
Total Annual Exp: 7320
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: Yes
Property Features
Unit 1: Lease
Unit 2: Lease
Unit 3: Lease
Condition: Excellent; Good
Foundation: Raised; Mixed; Other
Parking Info: Uncovered; Street; Cpt #5
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: In Unit; Other
Amenities: Deck; Patio; Fireplace; Gas Stove; Dishwasher; Disposal; Washer; Dryer; Refrigerator; Fncd Back; Fncd Prt
Flr/Wdw Coverings: Carpet; Hardwood; Tile
Heating/Cooling: GFA; Wall; Ceiling Fan(s)
Pets: Yes
Owner Provides: None; Other
Zoning: R-3
Reports Available: TDS; Prelim; NHD
Terms: Cash; Ctnl
Listing Type: ER
Pub Listing Details: None
Contingent Remarks: CONTACT AGENT; OTHER
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: April - 19 - 2019
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