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781 EMBARCADERO DEL NORTE, ISLA VISTA, CA 93117

$4,000,000
Property Type: Res Inc Lot Size (sq. ft.): 21,344 Status: Closed
Current Price: $4,000,000 List Date: 2/08/2012 Last Modified: 9/15/2024

Overview

Description

Rare opportunity to acquire a 24 unit 2 story apartment building in the heart of Isla Vista. First time on the market in over 30+ years! All units are 1 bedroom/1 bath with private balconies or patios, convenient on-site parking and a common laundry room. The property is fully leased at below market rents allowing major upside.

Listing Details MLS# 12-470

Location Info

District
30 - SB/GOL SOUTH
Street #
781
Street Name
EMBARCADERO DEL NORTE
State
CA
Country
US
Postal Code
93117
Compass Map
Santa Barbara
Map Grid
F12
County
Santa Barbara
Parcel Number
075-036-002
Cross Street
El Greco Rd

Contract Info

Price
4100000
Buyers Agent $/%
3
Begin Date
2012-02-08

Status Information

Sold Date
2012-04-27
Under Contract Date
2012-03-02

Property Information

Number of Units
24
Year Built
1963
Apx # Acres
0.49
Apx Lot SqFt
21344

Assessor's Data

Assessor Lot Acres
0.49
Assessor Year Built
0
Assessor SqFt
0

NeighborhoodSchools

Neighborhood
Other

More Information

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

Miscellaneous

Parking Spaces
24

Unit 1

# Units
24
# Bedrooms
Yes
# Baths
Yes
Furnished
N
Rent
24530
Monthly Total
24530
# Half Baths
0

Meters

Sep Meter Elec
Y
Sep Meter Gas
Yes

Neighborhood/Schools

Elementary School
Other
Junior High School
Other
High School
Other

Proximity

Near Bus
Yes
Near Hospital
Yes
Near Ocean
Yes
Near Park(s)
Yes
Near School(s)
Yes
Near Shopping
Yes

Laundry

Laundry Room
Yes

Amenities

Washer
Yes
Dryer
Yes

Zoning

Other
Yes

Reports Available

Pest Inspection
Yes

Terms

Cash
Yes
OTHER/CLA
Yes

Listing Type

ER
Yes

Property Features

Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Amenities: Washer; Dryer Zoning: Other Reports Available: Pest Inspection Terms: Cash; OTHER/CLA Listing Type: ER
IDX
Listing Office: Radius Group Commercial R.E.
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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