6510 Sabado Tarde Road, GOLETA, CA 93117
$2,960,000
Property Type:
Res Inc
Status:
Closed
Current Price:
$2,960,000
List Date:
6/02/2016
Last Modified:
9/15/2024
Description
Best location in Isla Vista! Rarely is there a mid-size building available for sale in Isla Vista in such a prime location - 9 units literally 100 feet from campus and 2 blocks from the ocean. Unit mix is 2x2/1, 6x1/1, 1xStudio. Serviceable-condition apartments but with upside potential for the energetic investor. 7 of 9 units have decks or patios, there is ample off-site parking. Don't miss!
More Information MLS# 16-1864
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: F13
Cross Street: Embarcadero Del Nort
District: 30 - SB/GOL SOUTH
Street #: 6510
Street Name: Sabado Tarde
Street Suffix: Road
State: CA
Postal Code: 93117
County: Santa Barbara
Parcel Number: 075-173-028
Contract Info
Financing: Cash
Buyers Agent $/%: 2.5
Current Price: $2,960,000
Price: 3150000
Begin Date: 2016-06-02
Status: Closed
Property Information
Year Built: 1965
Recurring Fees: No
Number of Units: 9
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
Excellent: 1
Good: 1
Foundation
Slab: 1
Miscellaneous
Parking Spaces: 14
# Refrigerators: 9
# Stoves: 9
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
Patio: 1
Unit 1
# Units: 2
# Bedrooms: 2
# Baths: 1
# Half Baths: 0
Furnished: N
Rent: 2950
Monthly Total: 5900
Income/Expenses
Total Monthly Income: 16650
Other Income: 185
Annual Income: 199800
Gross Rent Multiplr: 15.77
Capitalization Rate: 3.72
Actual: 1
Taxes: 37500
Insurance: 3000
Water Expense: 3500
Trash Expense: 4500
Maintenance Expense: 19000
Total Annual Exp: 82500
NOI: 117300
Heating
Wall: 1
Unit 2
# Units: 6
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 1524
Monthly Total: 9140
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 0
# Baths: 1
Furnished: N
Rent: 1425
Monthly Total: 1425
Meters
Sep Meter Wtr: N
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Carport: 1
Outside: 1
Flr/Wdw Coverings
Carpet: 1
Wood/Laminate: 1
Vinyl: 1
Contingent Remarks
HOME INSPECTN: 1
Owner Provides
Water: 1
Trash: 1
Status Information
Sold Date: 2016-07-12
Sold Price: $2,960,000
Under Contract Date: 2016-06-13
Property Features
Condition: Excellent; Good
Foundation: Slab
Parking Info: Carport; Carport; Outside
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Amenities: Deck; Patio
Heating: Wall
Owner Provides: Water; Trash
Zoning: Other
Terms: Cash; Conventional
Listing Type: ER
Contingent Remarks: HOME INSPECTN
Documents
Property Brochure ›
Listing Office:
Berkshire Hathaway HomeServices California Properties
Last Updated: September - 15 - 2024
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