Seller's Agent in 2017
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
2 in this area
92 Total Sales
This is an outstanding value-add opportunity to purchase a complex with rents 27% below current market. These apartments consist of (3) 2-story buildings, each with six units, for a total of 18 units. The unit mix is (6) 1BD/1BA and (12) 2BD/1BA apartments. The approx. 20,907 SF property is composed of two separate legal parcels. The Seller is also offering two other nearby apartment properties.
Last Agent to Sell the Property
Radius Group Commercial R.E. License #00772218 Listed on: 09/06/2016
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2017 03/07/17 | Sold | $2,045,455 | -4.9% | -- |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- |
| 09/06/2016 09/06/16 | For Sale | $2,150,000 | -- | -- |
| 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 |
|---|---|---|---|---|
| 2025 | $8,551 | $783,389 | $98,647 | $684,742 |
| 2023 | $8,551 | $752,970 | $94,817 | $658,153 |
| 2022 | $8,404 | $738,207 | $92,958 | $645,249 |
| 2021 | $8,498 | $723,734 | $91,136 | $632,598 |
| 2020 | $8,407 | $716,314 | $90,202 | $626,112 |
| 2019 | $8,270 | $702,270 | $88,434 | $613,836 |
| 2018 | $8,143 | $688,500 | $86,700 | $601,800 |
| 2017 | $5,910 | $497,000 | $88,000 | $409,000 |
| 2016 | $5,636 | $473,000 | $84,000 | $389,000 |
| 2014 | $4,948 | $409,000 | $73,000 | $336,000 |
Seller's Agent in 2017
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
2 in this area
92 Total Sales
Buyer's Agent in 2017
Andrew 'Andy' Adler
Century 21 Masters
(805) 722-2640
4 in this area
19 Total Sales
Source: Santa Barbara Multiple Listing Service
MLS Number: 16-2965