NOT LISTED FOR SALE

6503 Pardall Rd Isla Vista, CA 93117

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold November 09, 2016

Last sale price $1,870,000

8 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Carpet
  • Isla Vista Elementary School Rated A
  • Forced Air Heating System
  • 4-minute walk to Greek Park

About This Home

As of November 2016

This building, which is located immediately adjacent to the University of California campus, consists of
six one bedroom units plus a studio/recreation room. There is a common laundry room with washer/dryer
owned by the property, there is carport parking for three vehicles, plus additional open parking for five
vehicles. All units are in good condition.
Full package attached under documents.

Last Agent to Sell the Property

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 10/10/2016

Last Buyer's Agent

Robert Adams

Lee & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Carpet
  • Laundry Room

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • 3 Carport Spaces

Location

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

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 075-122-005

Community Details

Overview

  • 6 Units

Pet Policy

  • No Pets Allowed

Building Details

  • New Taxes Expense $20,185
  • Operating Expense $37,972
  • Gross Income $116,450
  • Net Operating Income $68,417

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Income Expenses Annual Income: 116450.0
  • Capitalization Rate: 3.73
  • Gross Rent Multiplier: 14.5
  • Annual Expenses: 37972.0
  • Monthly Expense: 3164.33
  • Monthly Income: 10185.0
  • Miscellaneous Parking Spaces: 8.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Carpet
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1969
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Condo:Laundry in Unit: Yes
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Carport Spaces2: 3.0
  • Parking Info Total # Unconvered Spaces: 5.0
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Apx Lot SqFt: 6098.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Pets No8: Yes
  • HeatingCooling GFA: Yes
  • IncomeExpenses Taxes6: 20185.0
  • IncomeExpenses NOI2: 68417.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 5.0
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 8.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 075-122-005
  • Zoning: C-2
  • Lot Size Sq Ft: 6098.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 116450.0
  • Annual Operating Expense: 37972.0
  • Total Actual Rent: 10185.0

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
11/09/2016 11/09/16 Sold $1,870,000 +1.9% --
10/18/2016 10/18/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $1,835,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ronald Wolfe

    Seller's Agent in 2016

    Ronald Wolfe

    Ronald L. Wolfe & Assoc. Inc.

    (805) 618-3223

    6 Total Sales

    Ronald Wolfe
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Adams

    Lee & Associates

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-3369

Santa Barbara Multiple Listing Service
California Santa Barbara County Isla Vista 93117

6503 Pardall Rd, Isla Vista, CA

This home is located at 6503 Pardall Rd, Isla Vista, CA 93117 since 10 October 2016. This property was built in 1969. 6503 Pardall Rd is a home located in Santa Barbara County with nearby schools including Isla Vista Elementary School, Goleta Valley Junior High School, and Dos Pueblos Senior High School.

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