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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

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

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

Contract Info

Buyers Agent $/%: 3 Current Price: $4,000,000 Price: 4100000 Begin Date: 2012-02-08 Status: Closed

Property Information

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

Assessor's Data

Assessor Year Built: 0 Assessor SqFt: 0 Assessor Lot Acres: 0.49

Neighborhood/Schools

Elementary School: Other Junior High School: Other High School: Other

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Miscellaneous

Parking Spaces: 24

Proximity

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

Laundry

Laundry Room: 1

Amenities

Washer: 1 Dryer: 1

Unit 1

# Units: 24 # Bedrooms: 1 # Baths: 1 # Half Baths: 0 Furnished: N Rent: 24530 Monthly Total: 24530

Zoning

Other: 1

Reports Available

Pest Inspection: 1

Terms

Cash: 1 OTHER/CLA: 1

Listing Type

ER: 1

Meters

Sep Meter Elec: Y Sep Meter Gas: Yes

Status Information

Sold Date: 2012-04-27 Sold Price: $4,000,000 Under Contract Date: 2012-03-02

NeighborhoodSchools

Neighborhood: Other

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.
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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