6509 Sabado Tarde Road, ISLA VISTA, CA 93117 (MLS# 23-1197)

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6509 Sabado Tarde Road, ISLA VISTA, CA 93117

$6,325,000

Property Type: Res Inc Status: Closed

Current Price: $6,325,000 List Date: 5/03/2023 Last Modified: 9/15/2024

Overview

Description

The 18-unit apartment property consists of sixteen studios and two 3 bed + 2 bath units located directly across the street from the UCSB campus. The building and units have been upgraded and include balconies, many with ocean views. Tuck under parking and laundry facility are included as well. The majority of the units have been remodeled with tile floors, new or refurbished cabinets, and granite countertops. The current owner has maintained the property well with capital upgrades to the plumbing, electrical, roof, and exterior.

Supplements: PARKING: 18 Tuck Under Parking Spaces + 3 Uncovered Spaces ZONING: SR-M-18

Listing Details MLS# 23-1197

Location Info

District: 30 - SB/GOL SOUTH
Street #: 6509
Street Name: Sabado Tarde
Street Suffix: Road
State: CA
Country: US
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: F13
County: Santa Barbara
Parcel Number: 075-221-016
Cross Street: El Nido Ln

Contract Info

Price: 6800000
Buyers Agent $/%: 1.75
Begin Date: 2023-05-03

Status Information

Sold Date: 2023-12-06
Under Contract Date: 2023-11-10

Property Information

Number of Units: 18
Year Built: 1965
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Unit 1

# Units: 16
# Bedrooms: Yes
Furnished: N
Rent: 1950
Monthly Total: 1950
# Baths: 0
# Half Baths: 0

More Information

Unit 2

# Units: 2
# Bedrooms: 3
# Baths: 2
Rent: 5250

Neighborhood/Schools

Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos

Owner Info

Deposit: 0

Proximity

Near Bus: Yes
Near Ocean: Yes
Near Park(s): Yes
Near School(s): Yes

Income/Expenses

Total Monthly Income: 391224
Other Income: 2592
Annual Income: 393816

Zoning

Other: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Property Features

Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s) Zoning: Other Terms: Cash Listing Type: ER

Documents

6509 Sabado Tarde Rd - Flyer ›

Listing Office: Hayes Commercial Group

Last Updated: September - 15 - 2024

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