Seller's Agent in 2024
Lori Zahn
Beachside Partners
(805) 626-3150
2 in this area
20 Total Sales
Estimated Value: $1,639,000 - $1,967,000
Situated in the highly sought-after rental market of Isla Vista, the Turn-Key Duplex on Sabado Tarde offers an exceptional student housing opportunity. Located just moments from the prestigious University of California, Santa Barbara (UCSB), this meticulously remodeled 2-unit property presents a rare 5.2% cap rate based on current rents. The property features coveted amenities including off-street parking, a fenced backyard, and the potential for an Accessory Dwelling Unit (ADU) on its 4,791 SF parcel. Property is constantly leased at top market rents due to the renovated kitchens and bathrooms, alongside convenient in unit laundry machines and well-designed living spaces.
Last Agent to Sell the Property
Beachside Partners License #01914851 Listed on: 04/17/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mohammad E Mohajerin Living Trust | $1,850,000 | Fidelity National Title | |
| The West Llc | $1,305,000 | Fidelity National Title Co | |
| Vanservellen Albert | -- | Fidelity National Title Co | |
| Vanservellen Albert P | -- | First American Title Ins Co | |
| Vanservellen Albert P | -- | First American Title Ins Co | |
| Pelikaan Holdings Llc | -- | None Available | |
| Vanservellen Evelyn R | -- | Indecomm Global Services | |
| Vanvanservellen Albert Van | -- | Fidelity National Title Co | |
| Pelikaan Holdings Llc | -- | -- | |
| Vanvanservellen Albert Van | $407,000 | Fidelity National Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The West Llc | $875,000 | |
| Previous Owner | Vanservellen Albert P | $522,000 | |
| Previous Owner | Vanservellen Evelyn R | $417,000 | |
| Previous Owner | Vanvanservellen Albert Van | $315,000 | |
| Previous Owner | Vanvanservellen Albert Van | $323,200 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2024 06/11/24 | Sold | $1,850,000 | -2.6% | -- |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/17/2024 04/17/24 | For Sale | $1,899,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,070 | $1,887,000 | $1,020,000 | $867,000 |
| 2023 | $16,070 | $1,357,722 | $754,290 | $603,432 |
| 2022 | $15,287 | $1,331,100 | $739,500 | $591,600 |
| 2021 | $15,026 | $1,305,000 | $725,000 | $580,000 |
| 2020 | $7,161 | $571,973 | $281,069 | $290,904 |
| 2019 | $7,040 | $560,758 | $275,558 | $285,200 |
| 2018 | $6,918 | $549,763 | $270,155 | $279,608 |
| 2017 | $6,768 | $538,984 | $264,858 | $274,126 |
| 2016 | $6,477 | $528,416 | $259,665 | $268,751 |
| 2015 | $6,448 | $520,480 | $255,765 | $264,715 |
| 2014 | $6,350 | $510,285 | $250,755 | $259,530 |
Seller's Agent in 2024
Lori Zahn
Beachside Partners
(805) 626-3150
2 in this area
20 Total Sales
Seller Co-Listing Agent in 2024
Jon Standring
Beachside Partners
(805) 705-7311
14 in this area
59 Total Sales
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-1211
APN: 075-142-058