Janice Laney
Responds Quickly
Keller Williams Santa Barbara
(805) 865-7385
31 Total Sales
3 in Goleta
$769K - $1.6M Price Range
171 Nectarine Ave Goleta, CA 93117
Goleta Area
Studio
--
Baths
--
Sq Ft
0.59
Acre Lot
About This Home
As of September 2015Actual CAP Rate of 4.83% and 6.12% Proforma. This property has been under the same ownership for over 40 years.The property is well positioned, just off of Hollister Avenue, the main thoroughfare in Goleta. The property sits between Kellogg and Fairview Avenue.
The property is a single story complex that features cottage style units, laundry room, on site parking and good storage. Convenient to Highway 101, shopping, dining and many other businesses this property has always enjoyed long term tenants. Residents enjoy easy access to the public transportation as there are numerous MTD stops along Hollister Avenue.
This is an ideal situation for an investor who is seeking a property with upside potential in the rents and the opportunity to own a property that has historically featured very low turnover and strong demand. The property is a Trust sale and is to be sold "As Is".
Last Agent to Sell the Property
Radius Group Commercial RE License #01361925 Listed on: 08/06/2015
Last Buyer's Agent
Non Member
Non Member Office
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 25,700 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 071053010
Community Details
Overview
- 26 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Goleta, CA
-
Janice Laney
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
31 Total Sales
2 in Goleta
$650,000 Price Range
-
Lisa Lee
Lisa Lee
Berkshire Hathaway HomeServices California Properties
(805) 892-6322
18 Total Sales
4 in Goleta
$2 - $1.4M Price Range
-
Kevin Goodwin
Kevin Goodwin
Goodwin Properties
(805) 979-2658
49 Total Sales
4 in Goleta
$595K - $2.7M Price Range
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
139 Total Sales
12 in Goleta
$425K - $1.7M Price Range
-
Stephanie Young
Stephanie Young
Responds QuicklyBerkshire Hathaway HomeServices California Properties
(805) 429-2452
81 Total Sales
14 in Goleta
$569K - $3.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Kenny Thomas J | -- | None Available | |
| Glaces Llc | -- | None Available | |
| 1716Sp Llc | $2,500,000 | Fidelity National Title Co | |
| Cain Glen E | -- | None Available | |
| Dicken Debra | -- | None Available | |
| Cain Clare H | $250,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2015 09/03/15 | Sold | $2,500,000 | +2.0% | -- | View Prior Sale |
| 09/03/2015 09/03/15 | Sold | $2,450,000 | 0.0% | -- | View Prior Sale |
| 09/03/2015 09/03/15 | Sold | $2,450,000 | -9.1% | -- | |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- | |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- | |
| 08/05/2015 08/05/15 | Pending | -- | -- | -- | |
| 03/05/2015 03/05/15 | For Sale | $2,695,000 | 0.0% | -- | |
| 03/05/2015 03/05/15 | For Sale | $2,695,000 | -- | -- |
Source: Ventura County Regional Data Share
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $42,591 | $3,018,675 | $1,207,469 | $1,811,206 |
| 2025 | $42,018 | $2,959,487 | $1,183,794 | $1,775,693 |
| 2023 | $42,018 | $2,844,569 | $1,137,827 | $1,706,742 |
| 2022 | $40,986 | $2,788,794 | $1,115,517 | $1,673,277 |
| 2021 | $40,482 | $2,734,113 | $1,093,645 | $1,640,468 |
| 2020 | $39,688 | $2,706,080 | $1,082,432 | $1,623,648 |
| 2019 | $39,153 | $2,653,020 | $1,061,208 | $1,591,812 |
| 2018 | $38,238 | $2,601,000 | $1,040,400 | $1,560,600 |
| 2017 | $37,486 | $2,550,000 | $1,020,000 | $1,530,000 |
| 2016 | $16,923 | $720,656 | $617,718 | $102,938 |
| 2015 | $16,836 | $709,832 | $608,440 | $101,392 |
| 2014 | $17,253 | $695,928 | $596,522 | $99,406 |
Source: Public Records
Agents Affiliated with this Home
-
BJ
Seller's Agent in 2015
Brian Johnson
Marcus and Millichap
-
Jon Standring
Seller Co-Listing Agent in 2015
Jon Standring
Beachside Partners
(805) 705-7311
53 Total Sales
-
Don Ford
Buyer's Agent in 2015
Don Ford
Sun Coast Real Estate
(805) 689-7776
3 Total Sales
-
NM
Buyer's Agent in 2015
Non Member
Non Member Office
Map
Source: Ventura County Regional Data Share
MLS Number: V0-215003276
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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