NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
9,000 Sq Ft Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $3,325,000

8 Days on Market

Highlights

  • Cooling Available
  • Laundry Facilities
  • Heating Available
  • Santa Barbara Senior High School Rated A-

About This Home

As of August 2022

Great start to building your investment portfolio or to increase it. Convenient location to downtown and always easy to rent. Plenty of off-street parking and laundry on-site. Can also be bought together with 234 W. Valerio a 5 unit building priced at 2,250,000.

Last Agent to Sell the Property

Donna Bayet

Home Realty & Investments License #00865203 Listed on: 05/24/2022

Last Buyer's Agent

Donna Bayet

Home Realty & Investments License #00865203 Listed on: 05/24/2022

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 9,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Parking

  • 9 Parking Spaces
  • 9 Carport Spaces

Schools

  • Roosevelt Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 027-091-018

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 7 Units
  • Laundry Facilities
  • Gross Income $184,728

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

9,000 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Income Expenses Annual Income: 184728.0
  • Capitalization Rate: 3.56
  • Gross Rent Multiplier: 17
  • Monthly Income: 15394.0
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 9.0
  • ResoLaundryFeatures: Bldg
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1970
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Carport2: Yes
  • Parking Info Total # Carport Spaces2: 9.0
  • Foundation:Slab: Yes
  • Property Information Apx Lot SqFt: 9000.0
  • Condition Good2: Yes
  • Pets No8: Yes
  • HeatingCooling Elec: Yes
  • Laundry Bldg: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.21
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 9.0

Utilities

  • Heating: Radia, Elec
  • HeatingYN: Yes

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 027-091-018
  • Zoning: R-4
  • Lot Size Sq Ft: 9000.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 184728.0
  • Total Actual Rent: 15394.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 10, 2022
Sold by
Bought by
Seller's Agent
Donna Bayet
Home Realty & Investments
Buyer's Agent
Donna Bayet
Home Realty & Investments
List Price
$3,200,000
Sold Price
$3,325,000
Premium/Discount to List
$125,000
3.91%

Purchase Details

Closed on
Aug 18, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$3,325,000 Wfg National Title
-- None Available
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
08/31/2022 08/31/22 Sold $3,325,000 0.0% --
08/31/2022 08/31/22 Off Market $3,325,000 -- --
06/02/2022 06/02/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $3,200,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $36,533 $3,528,516 $981,617 $2,546,899
2025 $35,908 $3,459,330 $962,370 $2,496,960
2023 $35,908 $3,325,000 $925,000 $2,400,000
2022 $3,445 $318,705 $88,922 $229,783
2021 $3,364 $312,505 $87,179 $225,326
2020 $3,329 $309,327 $86,286 $223,041
2019 $3,271 $303,311 $84,595 $218,716
2018 $3,225 $297,413 $82,937 $214,476
2017 $3,119 $291,630 $81,311 $210,319
2016 $3,121 $285,961 $79,717 $206,244
2014 $3,039 $276,233 $76,982 $199,251
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1677

Santa Barbara Multiple Listing Service
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