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918 E Ortega Street, SANTA BARBARA, CA 93103

$2,051,000
Property Type: Res Inc Square Footage: 2,549 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $2,051,000 List Date: 8/07/2024 Last Modified: 12/05/2024

Overview

Description

Built in 2004, this tastefully designed Cape Cod duplex is perfect for an owner-occupant looking to make one of these spacious units their home, or for an investor looking for a quality property with significant rent potential. Downstairs is a 3BD/2BA with an additional room totaling 1,188 square feet of living space that boasts top-of-the line appliances, in-unit washer and dryer, a gas fireplace in the living room, and excellent natural light throughout. Upstairs is a 3BD/2BA totaling 1,361 square feet of living space offering gorgeous views of the Riviera from the entry deck and kitchen, vaulted ceilings, living room and primary suite, newer counter tops, fixtures and lights in the kitchen and in-unit washer and dryer. Currently, both units share a 442 square foot two-car garage.

Supplements: This property has been lovingly cared for by its owner and is primed for the next generation of ownership to capitalize on the property's quality and size. Top floor owner's unit will be available for an owner occupant. Downstairs is currently rented for $5,295 per month with market rent estimated at $5,500. Upstairs estimated market rent is $5,7 ...

Listing Details MLS# 24-2616

Location Info

District
15 - SB/EAST OF STATE
Street #
918
Dir
E
Street Name
Ortega
Street Suffix
Street
State
CA
Country
US
Postal Code
93103
Compass Map
Santa Barbara
Map Grid
P12
County
Santa Barbara
Parcel Number
031-182-003
Cross Street
Spring
Walk Score
93
Bike Score
82

Contract Info

Price
2099000
Begin Date
2024-08-07

Status Information

Sold Date
2024-12-05
Under Contract Date
2024-11-18

Property Information

Number of Units
2
Stories
2
Year Built
2004
Main House SqFt
2549
Apx # Acres
0.12
Recurring Fees
No

NeighborhoodSchools

Neighborhood
15 - Lower Eastside

Remarks

Hot Sheet Comment
price

More Information

Owner Info

Deposit
68700

Unit 1

# Units
2
# Bedrooms
3
# Baths
2
Furnished
N
Rent
10995
Monthly Total
10995
# Half Baths
0

Meters

Sep Meter Wtr
N
Sep Meter Elec
N
Sep Meter Gas
No

Neighborhood/Schools

Elementary School
Franklin
Junior High School
S.B. Jr.
High School
S.B. Sr.

Condition

Excellent
Yes

Proximity

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

Laundry

In Unit
Yes

Amenities

Deck
Yes
Patio
Yes
Fireplace
Yes
Gas Stove
Yes
Dishwasher
Yes
Disposal
Yes
Washer
Yes
Dryer
Yes
Refrigerator
Yes

Income/Expenses

Total Monthly Income
10995
Annual Income
131940
Estimated
Yes

Zoning

R-2
Yes

Terms

Cash
Yes

Listing Type

ER
Yes

Parking Info

Garage
Yes
Outside
Yes

Owner Provides

Heat
Yes
Elec
Yes
Gas
Yes
Water
Yes

Property Features

Condition: Excellent Parking Info: Garage; Outside Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: In Unit Amenities: Deck; Patio; Fireplace; Gas Stove; Dishwasher; Disposal; Washer; Dryer; Refrigerator Owner Provides: Heat; Elec; Gas; Water Zoning: R-2 Terms: Cash Listing Type: ER
IDX
Listing Office: Hayes Commercial Group
Last Updated: December - 05 - 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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