NOT LISTED FOR SALE

4 Orange Ave Goleta, CA 93117

-- Bed
-- Bath
-- Sq Ft
0.69 Acres

Last Sold August 16, 2013

Last sale price $1,225,000

69 Days on Market

Highlights

  • RV Access or Parking
  • Property is near an ocean
  • Property is near a park
  • Kellogg Elementary School Rated A
  • 0.69 Acre Lot
  • 10 Car Detached Garage

About This Home

As of August 2013

5 Cottages on a large DR-12.3 zoned lot in old town Goleta. Walk to everything from here. These five cottages are older but well kept with long term tenants and lots of extra storage yards. City zoning allows 8 condos or ?? Buyer to verify. With 30% down OMC at reasonable terms for 5 years.

Last Agent to Sell the Property

Patrick Boyle

Marisol Malibu Realty License #00548836 Listed on: 05/08/2013

Last Buyer's Agent

Bryan Munoz

Village Properties - 1

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.69 Acre Lot
  • Fenced
  • Property is in average condition

Interior Spaces

  • Window Treatments
  • Laundry in unit

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 10 Car Detached Garage
  • On-Street Parking
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Property is near an ocean

Location

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

Schools

  • Kellogg Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 071-021-002

Community Details

Overview

  • 5 Units

Pet Policy

  • Pets Allowed

Building Details

  • Electric Expense $160
  • Fuel Expense $100
  • Insurance Expense $275
  • Licenses Expense $120
  • Maintenance Expense $350
  • Trash Expense $50
  • Water Sewer Expense $350
  • New Taxes Expense $2,000
  • Operating Expense $54,204
  • Gross Income $116,400
  • Net Operating Income $62,196

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Income Expenses Annual Income: 116400.0
  • Income Expenses Electric Expense: 160.0
  • Income Expenses Gas Expense: 100.0
  • Gross Rent Multiplier: 13.75
  • Income Expenses Licenses: 120.0
  • Maintenance Expense: 350.0
  • Annual Expenses: 54204.0
  • Monthly Expense: 4517.0
  • Monthly Income: 8825.0
  • Income Expenses Trash Expense: 50.0
  • Income Expenses Water Expense: 350.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • Miscellaneous Parking Spaces: 10.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Income And Expenses Maintenance Expense: 350.0
  • Subdivision Name: Other
  • Reso Flooring: Vinyl, Carpet, Tile, Wnd/Cv Prt
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Average
  • NeighborhoodSchools Elementary School: Kellogg
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 30000.0
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • FlrWdw Coverings Carpet: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Parking Info Detached3: Yes
  • Parking Info RV3: Yes
  • Condition Average2: Yes
  • Assessor's Data Assessor Lot Acres: 0.71
  • IncomeExpenses Taxes6: 2000.0
  • FlrWdw Coverings Vinyl2: Yes
  • IncomeExpenses NOI2: 62196
  • Parking Info Street: Yes
  • FlrWdw Coverings WndCv Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Other
  • Acres: 0.69
  • Foundation Details: Mixed

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Garages, Uncovered, Mixed, Street, Gar #2, Unc #5, Detached, Other, RV
  • Total Parking Spaces: 10.0

Fee Information

  • Annual Fuel Expense: 100.0
  • Trash Expense: 50.0
  • Annual Water Sewer Expense: 350.0

Schools

  • Elementary School: Kellogg
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 071-021-002
  • Zoning: PUD
  • Lot Size Sq Ft: 30000.0

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 160.0
  • Annual Gross Income: 116400.0
  • Insurance Expense: 275.0
  • Annual Operating Expense: 54204.0
  • Total Actual Rent: 8825.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $1,225,000 -23.4% --
07/16/2013 07/16/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $1,600,000 -- --
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: 13-1491

Santa Barbara Multiple Listing Service

APN: 071-021-002