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:
9/26/2022
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.
More Information MLS# 12-470
Location Info
District: 30 - SB/GOL SOUTH
Street #: 781
Street Name: EMBARCADERO DEL NORTE
State/Province: CA
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
Current Price: $4,000,000
Price: 4100000
Buyers Agent $/%: 3
Begin Date: 2012-02-08
Status: Closed
Status Information
Sold Date: 2012-04-27
Sold Price: $4,000,000
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
Neighborhood/Schools
Neighborhood: Other
Elementary School: Other
Junior High School: Other
High School: Other
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 24
Unit 1
# Units: 24
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 24530
Monthly Total: 24530
Meters
Sep Meter Elec: Y
Sep Meter Gas: 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
Listing Office: Radius Group Commercial R.E.
Last Updated: September - 26 - 2022
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