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6509 Seville Road, GOLETA, CA 93117

$3,425,000
Property Type: Res Inc Lot Size (sq. ft.): 6,502 Status: Closed
Current Price: $3,425,000 List Date: 3/10/2016 Last Modified: 9/15/2024

Description

Do you want location? How about one parcel - that is 100 feet to the UCSB campus? This attractive, perfectly located building features a nice diverse mix of units with substantial upside rental potential. Eight units feature either a balcony or patio. Location, demographics and the new UCSB enrollment plan make for a perfect investment!

More Information MLS# 16-779

Location Info

Country: US Compass Map: Santa Barbara Map Grid: F13 Cross Street: Embarcadero Del Nort District: 30 - SB/GOL SOUTH Street #: 6509 Street Name: Seville Street Suffix: Road State: CA Postal Code: 93117 County: Santa Barbara Parcel Number: 075-172-004

Contract Info

Financing: Cash Buyers Agent $/%: 2 Current Price: $3,425,000 Price: 3450000 Begin Date: 2016-03-10 Status: Closed

Property Information

Year Built: 1963 Stories: 2 Apx Lot SqFt: 6502 Recurring Fees: No Number of Units: 10

Neighborhood/Schools

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

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Condition

Good: 1

Foundation

Slab: 1

Miscellaneous

Parking Spaces: 10

Proximity

Near Bus: 1 Near Ocean: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1

Laundry

Laundry Room: 1

Amenities

Deck: 1 Washer: 1 Dryer: 1 Refrigerator: 1 Fncd Prt: 1

Unit 1

# Units: 2 # Bedrooms: 0 # Baths: 1 # Half Baths: 0 Furnished: N Rent: 2625 Lease: 1 Monthly Total: 2625

Income/Expenses

Total Monthly Income: 16850 Other Income: 1275 Annual Income: 217440 Gross Rent Multiplr: 15.87 Capitalization Rate: 4.29 Actual: 1 Water Expense: 2580 Electric Expense: 600 Gas Expense: 1656 Trash Expense: 3756 NOI: 147982

Heating

Wall: 1

Unit 2

# Units: 6 # Bedrooms: 1 # Baths: 1 Lease: 1 Monthly Total: 8950

Zoning

SR: 1

Reports Available

Prelim: 1 NHD: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Unit 3

# Units: 2 # Bedrooms: 2 # Baths: 1 Lease: 1 Monthly Total: 5275

Meters

Sep Meter Elec: Y Sep Meter Gas: Yes

Parking Info

Carport: 1 Cpt #7: 1 Outside: 1 Total # Carport Spaces: 7 Total # Unconvered Spaces: 3

Flr/Wdw Coverings

Carpet: 1 Vinyl: 1

Contingent Remarks

OTHER: 1

Exchange

Yes: 1

Status Information

Sold Date: 2016-04-26 Sold Price: $3,425,000 Under Contract Date: 2016-04-04

Property Features

Unit 1: Lease Unit 2: Lease Unit 3: Lease Condition: Good Foundation: Slab Parking Info: Carport; Carport; Cpt #7; Outside Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Amenities: Deck; Washer; Dryer; Refrigerator; Fncd Prt Heating: Wall Zoning: SR Reports Available: Prelim; NHD Exchange: Yes Terms: Cash; Conventional Listing Type: ER Contingent Remarks: OTHER
Listing Office: Central Coast Investments
IDX
Last Updated: September - 15 - 2024
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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