Search Results For: 20 - Sb%2fwest Of State
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605 W Canon Perdido Street, SANTA BARBARA, CA 93101

$3,350,000
Property Type: Res Inc Lot Size (sq. ft.): 10,018 Status: Closed
Current Price: $3,150,000 List Date: 6/09/2021 Last Modified: 12/08/2021

Description

Pride of ownership residential income property, comprised of 6 one bedroom bungalows and above garage studio. Offered for sale for the first time in over 35 years. Located within minutes to downtown Santa Barbara, area beaches and SBCC. Numerous upgrades, offering individual patios for one bedroom units, laundry hook-ups, five garages and additional off-street parking. Strong and consistent rental history/demand. Property is being offered at a 4% cap rate. An ideal income-producing asset, located in one of the most sought after locales in the world.

More Information MLS# 21-2100

Location Info

District: 20 - SB/WEST OF STATE Street #: 605 Dir: W Street Name: Canon Perdido Street Suffix: Street State/Province: CA Postal Code: 93101 Compass Map: Santa Barbara Map Grid: O13 County: Santa Barbara Parcel Number: 037-021-009 Cross Street: San Andres

Contract Info

Current Price: $3,150,000 Price: 3350000 Financing: Fixed Buyers Agent $/%: 2.5 Begin Date: 2021-06-09 Status: Closed

Status Information

Sold Date: 2021-12-03 Sold Price: $3,150,000 Under Contract Date: 2021-09-30

Property Information

Number of Units: 7 Apx # Acres: 0.23 Apx Lot SqFt: 10018 Recurring Fees: No

Neighborhood/Schools

Neighborhood: 20 - Westside Elementary School: McKinley Junior High School: LaCumbre High School: San Marcos

Remarks

Hot Sheet Comment: price

Owner Info

Deposit: 3

Unit 1

# Units: 6 # Bedrooms: 1 # Baths: 1 Furnished: N Rent: 14725 Monthly Total: 14725

Unit 2

# Units: 1 # Baths: 1 Rent: 1975 Monthly Total: 1975

Income/Expenses

Total Monthly Income: 16700 Annual Income: 200400 Capitalization Rate: 4

Meters

Sep Meter Elec: Y Sep Meter Gas: Yes

Parking Info

Total # Garage Spaces: 5

Property Features

Condition: Excellent Foundation: Slab; Mixed Parking Info: Garages; Uncovered; Mixed; Gar #5; Gar #5; Unc #5 Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: In Unit Amenities: Patio; Fncd Prt Flr/Wdw Coverings: Carpet; Wood/Laminate Security: Smoke Detector(s) Heating/Cooling: Elec; Wall; Ceiling Fan(s) Pets: Yes Zoning: CLA Terms: Cash; Ctnl Listing Type: ER Pub Listing Details: Agt Related Prncpl Contingent Remarks: HOME INSPECTN; REPORTS; SUBJ 2 INSPECT
Listing Office: Compass
Last Updated: December - 08 - 2021
605 W Canon Perdido Street, SANTA BARBARA, CA 93101- MLS# 21-2100
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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