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:
12/06/2023
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
More Information MLS# 23-1197
Location Info
District: 30 - SB/GOL SOUTH
Street #: 6509
Street Name: Sabado Tarde
Street Suffix: Road
State/Province: CA
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
Current Price: $6,325,000
Price: 6800000
Buyers Agent $/%: 1.75
Begin Date: 2023-05-03
Status: Closed
Status Information
Sold Date: 2023-12-06
Sold Price: $6,325,000
Under Contract Date: 2023-11-10
Property Information
Number of Units: 18
Year Built: 1965
Recurring Fees: No
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Remarks
Hot Sheet Comment: new
Unit 1
# Units: 16
# Bedrooms: 1
Furnished: N
Rent: 1950
Monthly Total: 1950
Unit 2
# Units: 2
# Bedrooms: 3
# Baths: 2
Rent: 5250
Income/Expenses
Total Monthly Income: 391224
Other Income: 2592
Annual Income: 393816
Property Features
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s)
Zoning: Other
Terms: Cash
Listing Type: ER
Documents
Listing Office: Hayes Commercial Group
Last Updated: December - 06 - 2023
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