NOT LISTED FOR SALE

6509 Seville Rd Goleta, CA 93117

-- Bed
-- Bath
-- Sq Ft
6,502 Sq Ft Lot

Last Sold April 26, 2016

Last sale price $3,425,000

25 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Laundry Room
  • Isla Vista Elementary School Rated A
  • Property is near a park
  • 2-minute walk to People's Park

About This Home

As of April 2016

Do you want location? How about one parcel - that is 100 feet to the UCSB campus? This attractive, perfectly located building features a nice diverse mix of units with substantial upside rental potential. Eight units feature either a balcony or patio. Location, demographics and the new UCSB enrollment plan make for a perfect investment!

Last Agent to Sell the Property

Brian Bailey

Central Coast Investments License #00680927 Listed on: 03/10/2016

Last Buyer's Agent

Robert Adams

Lee & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,502 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 10 Parking Spaces
  • 7 Carport Spaces

Outdoor Features

  • Property is near an ocean
  • Deck

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

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 075-172-004

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $1,656
  • Trash Expense $3,756
  • Water Sewer Expense $2,580
  • Gross Income $217,440
  • Net Operating Income $147,982

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Income Expenses Annual Income: 217440.0
  • Capitalization Rate: 4.29
  • Income Expenses Electric Expense: 600.0
  • Income Expenses Gas Expense: 1656.0
  • Gross Rent Multiplier: 15.87
  • Monthly Income: 16850.0
  • Income Expenses Trash Expense: 3756.0
  • Income Expenses Water Expense: 2580.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 10.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1963
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Carport Spaces2: 7.0
  • Parking Info Total # Unconvered Spaces: 3.0
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6502.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Amenities Deck2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Income Expenses Actual: Yes
  • Amenities Fncd Prt: Yes
  • IncomeExpenses NOI2: 147982
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.15
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 3.0
  • Parking Features: Carport, Uncovered, Cpt #7
  • Total Parking Spaces: 10.0

Fee Information

  • Annual Fuel Expense: 1656.0
  • Trash Expense: 3756.0
  • Annual Water Sewer Expense: 2580.0

Schools

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

Lot Info

  • Parcel #: 075-172-004
  • Zoning: SR
  • Lot Size Sq Ft: 6502.0

Multi Family

  • Number Of Units Total: 10
  • Electric Expense: 600.0
  • Annual Gross Income: 217440.0
  • Total Actual Rent: 16850.0

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
04/26/2016 04/26/16 Sold $3,425,000 -0.7% --
04/04/2016 04/04/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $3,450,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Bailey

    Seller's Agent in 2016

    Brian Bailey

    Central Coast Investments

    (805) 637-1031

    3 in this area

    5 Total Sales

    Section Image

  • R

    Buyer's Agent in 2016

    Robert Adams

    Lee & Associates

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-779

Santa Barbara Multiple Listing Service

California Santa Barbara County Goleta 93117

6509 Seville Rd, Goleta, CA

This home is located at 6509 Seville Rd, Goleta, CA 93117 since 10 March 2016. This property was built in 1963. 6509 Seville 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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