NOT LISTED FOR SALE

4609 10th St Guadalupe, CA 93434

2 Beds
2 Baths
18,144 Sq Ft
0.43 Acres

Last Sold November 04, 2022

Last sale price $3,085,000 $170 Per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Neighborhood Views
  • Laundry Room
  • No HOA

About This Home

As of November 2022

Incredible investment opportunity! First time on the market! Very nice multi-unit property consisting of 6 buildings and 21 units. Each unit has 2 bedrooms, 1.5 bathrooms and a laundry room. All 21 units are tenant occupied and rented slightly below market. The driveway has been repaved and a new roof was installed. There is a total of 37 parking spaces, consisting of carports and uncovered spaces. Income producing opportunities like this do not come around often!

Last Agent to Sell the Property

Lindsey Harn

Christie's International Real Estate Sereno License #01868098 Listed on: 11/04/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Melody Avant

Christie's International Real Estate Sereno License #01403697

Christie's International Real Estate Sereno

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1984

Lot Details

  • Two or More Common Walls
  • Density is 21-25 Units/Acre
  • 115270002,115270003,115270004,115270005,115270006,115270007,115270008,115270009,115270010,115270011,115270012,115270013,115270014,115270015,115270016,115270017,115270018,115270019,115270020,115270021

Home Design

  • Composition Roof

Interior Spaces

  • 18,144 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • Parking Available
  • Paved Parking
  • Uncovered Parking

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1-21
  • Assessor Parcel Number 115270001

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 21 Units
  • Guadalupe/Casmalia Subdivision

Building Details

  • 21 Leased Units
  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 21 Separate Water Meters
  • Maintenance Expense $1,542
  • Professional Management Expense $20,931
  • Operating Expense $78,067
  • Gross Income $196,850
  • Net Operating Income $118,783

Townhouse Details

Home Type

Townhome

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 20931.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Guadalupe/Casmalia(850)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential Income
  • Parcel Number: 115270001
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 170.03
  • Room Type: Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Paved, Uncovered

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 115270002,115270003,115270004,115270005,115270006,115270007,115270008,115270009,115270010,115270011,115270012,115270013,115270014,115270015,115270016,115270017,115270018,115270019,115270020,115270021
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 18872.00
  • Lot Size Acres: 0.4332

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 898 Square Feet
  • Gross Income: 196850.00
  • Gross Operating Income: 78066.60
  • Gross Scheduled Income: 196850.00
  • Lot Size Area: 18872.0000 Square Feet
  • Maintenance Expense: 1542.00
  • Net Operating Income: 118783.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 21
  • Number Of Units Leased: 21
  • Number Of Units Total: 21
  • Operating Expense: 78066.60
  • Rent Control: No
  • Total Actual Rent: 25725.00
  • Total Expenses: 78066.68

Tax Info

  • Tax Lot: 1-21

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 List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $3,085,000 -5.1% $170 / Sq Ft
11/04/2022 11/04/22 For Sale $3,250,000 -- $179 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lindsey Harn

    Seller's Agent in 2022

    Lindsey Harn

    Christie's International Real Estate Sereno

    (805) 250-5993

    1 in this area

    736 Total Sales

    Lindsey Harn
    Section Image
  • Melody Avant

    Buyer's Agent in 2022

    Melody Avant

    Christie's International Real Estate Sereno

    (805) 202-1247

    1 in this area

    124 Total Sales

    Melody Avant
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22233522

California Regional Multiple Listing Service (CRMLS)
California Santa Barbara County Guadalupe 93434

4609 10th St, Guadalupe, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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