NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1961 Built

Last Sold February 27, 2015

Last sale price $2,135,000

125 Days on Market

Highlights

  • Property is near public transit
  • San Marcos Senior High School Rated A
  • Laundry Room

About This Home

As of February 2015

Great investment opportunity! 8 units in good condition, recently painted, low maintenance landscaping. Two units are 2bd, 1 ba and six units are 1bd, 1ba. Zoned R-3. Please do not disturb tenants

Last Agent to Sell the Property

Emmet Hawkes

Hawkes & Company Realtors License #00286416 Listed on: 12/15/2014

Last Buyer's Agent

Emmet Hawkes

Hawkes & Company Realtors License #00286416 Listed on: 12/15/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Home Design

  • Slab Foundation

Location

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

Schools

  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Laundry Room
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 051-080-008

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $4,015
  • Maintenance Expense $2,685
  • New Taxes Expense $21,181
  • Gross Income $124,142

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1961
  • Income Expenses Annual Income: 124142.0
  • Maintenance Expense: 2685.0
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Income And Expenses Maintenance Expense: 2685.0
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1961
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • IncomeExpenses Taxes6: 21181.4
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab

Schools

  • Elementary School: Other
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 051-080-008
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 124142.0
  • Insurance Expense: 4015.0

Range of Values:

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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
02/27/2015 02/27/15 Sold $2,135,000 -14.6% --
01/06/2015 01/06/15 Pending -- -- --
09/03/2014 09/03/14 For Sale $2,500,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-2790

Santa Barbara Multiple Listing Service