6950 Whittier Drive, GOLETA, CA 93117
$2,468,000
Property Type:
Res Inc
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$2,468,000
List Date:
9/20/2023
Last Modified:
1/30/2024
Description
Incredible 4 unit apt building with nice curb appeal on the corner of Whittier and Whitman. 2 units rented to long term tenants. 2 of the 2Bdrm unit are Legal and Licensed vacation rentals. The 2 units were totally, gutted, remodeled and are beautifully furnished to the teaspoon, With unbelievable income. (check Airbnb and VRBO) for reviews. Laundry room and 4 Car carport, 4 Car uncovered. Located across the From the restored Preserve/Wetlands. 20 minute walk to the beach, Close to Camino Real Marketplace, UCSB, Girsh Park Unit A and Unit C are Vacation Rentals remodeled and furnished A in 2020 and C in 2022. Income as of 8/31/2023 is 96,000 on the 2 units. Rents should be higher. TBID/TOT Tax for Goleta of 14% and Cleaning fees are averaged in the annual express.
More Information MLS# 23-2825
Location Info
District: 30 - SB/GOL SOUTH
Street #: 6950
Street Name: Whittier
Street Suffix: Drive
State/Province: CA
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: E12
County: Santa Barbara
Parcel Number: 073-200-030
Cross Street: Whitman
Contract Info
Current Price: $2,468,000
Price: 2595000
Buyers Agent $/%: 2.5
Begin Date: 2023-09-20
Status: Closed
Status Information
Sold Date: 2023-11-01
Sold Price: $2,468,000
Under Contract Date: 2023-09-26
Property Information
Number of Units: 4
Stories: 2
Year Built: 1962
Apx # Acres: 0.25
Recurring Fees: No
Neighborhood/Schools
Neighborhood: Other
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 8
# Refrigerators: 4
# Stoves: 4
Unit 1
# Units: 1
# Bedrooms: 2
# Baths: 1
Furnished: Y
Rent: 6300
Monthly Total: 6300
Unit 2
# Bedrooms: 1
# Baths: 1
Rent: 1800
Monthly Total: 1800
Unit 3
# Bedrooms: 2
# Baths: 1
Furnished: Y
Rent: 5800
Monthly Total: 5800
Unit 4
# Bedrooms: 2
# Baths: 1
Rent: 2350
Monthly Total: 2350
Income/Expenses
Total Monthly Income: 16000
Other Income: 130
Annual Income: 192800
Vac Factor: 2%
Taxes: 6200
Insurance: 2722
Water Expense: 2500
Electric Expense: 400
Trash Expense: 200
Maintenance Expense: 2400
Total Monthly Exp: 1250
Total Annual Exp: 28800
Meters
Sep Meter Wtr: N
Parking Info
Total # Unconvered Spaces: 4
Property Features
Unit 4: M/M
Income/Expenses: Estimated
Condition: Excellent
Foundation: Slab
Parking Info: Carport; Uncovered; Gar #4; Unc #4; Attached
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Amenities: Patio; Fireplace; Elec Stove; Dishwasher; Disposal; Microwave; Refrigerator; Cable TV; Yd Spkl T/O; Yd Spkl Prt; Fncd Back; Fncd Prt
Flr/Wdw Coverings: Carpet; Wood/Laminate; Tile
Owner Provides: Water; Trash
Zoning: Other
Reports Available: TDS; Pest Inspection; Prelim; NHD
Exchange: No
Terms: Cash
Listing Type: ER
Pub Listing Details: Owner is Licensee
Documents
Plot Map ›Listing Office: Coldwell Banker Realty
Last Updated: January - 30 - 2024
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