NOT LISTED FOR SALE

213 Ladera St Santa Barbara, CA 93101

Alta Mesa Neighborhood
5 Beds
-- Bath
2,800 Sq Ft
0.25 Acres

Last Sold September 14, 2020

Last sale price $1,445,905 $516 Per Sq Ft

18 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • 1-Story Property
  • San Marcos Senior High School Rated A
  • Laundry Room

About This Home

As of September 2020

Excellent opportunity to own a multifamily property near Santa Barbara's favorite amenities. Three minute drive from Santa Barbara City College, West Beach and the harbor. Very close to the popular Funk Zone, Downtown and Amtrak Station. Lots of nearby options for beaches, shopping, dining, boating, parks and museums. High demand rental location with ample parking.

Last Agent to Sell the Property

Brian Barrios

Cooperation Capital Group, Inc License #01379489 Listed on: 06/26/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.25 Acre Lot
  • Property is in average condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Mckinley Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Shared Gas Meter
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 037-260-010

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $40,543
  • Gross Income $93,168
  • Net Operating Income $50,761

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Income Expenses Annual Income: 93168.0
  • Capitalization Rate: 3.17
  • Gross Rent Multiplier: 17.54
  • Annual Expenses: 40543.0
  • Monthly Income: 7764.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 8.0
  • Building Stories: 1
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1975
  • Property Information Apx # Acres: 0.25
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 8.0
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Main House SqFt: 2800.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 10890.0
  • Proximity Near Bus: Yes
  • General Property Information Stories2: 1.0
  • Condition Average2: Yes
  • Income Expenses Actual: Yes
  • IncomeExpenses NOI2: 50761
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.25
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 8.0
  • Parking Features: Uncovered
  • Total Parking Spaces: 8.0

Schools

  • Elementary School: McKinley
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 037-260-010
  • Zoning: CLA
  • Lot Size Sq Ft: 10890.0

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 93168.0
  • Annual Operating Expense: 40543.0
  • Total Actual Rent: 7764.0

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $1,445,905 -9.6% $516 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,600,000 -- $571 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Barrios

    Cooperation Capital Group, Inc

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2398

Santa Barbara Multiple Listing Service

California Santa Barbara County Santa Barbara 93101 Alta Mesa

213 Ladera St, Santa Barbara, CA

This home is located at 213 Ladera St, Santa Barbara, CA 93101 since 26 June 2020. This property was built in 1975. 213 Ladera St is a home located in Santa Barbara County with nearby schools including McKinley Elementary School, La Cumbre Junior High School, and San Marcos Senior High School.

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