C
Seller's Agent in 2021
Charley Pavlosky
Coldwell Banker Realty
Estimated Value: $2,014,830 - $2,335,000
CHARMING CALIFORNIA COTTAGE STYLE FOUR-UNIT INCOME PROPERTY JUST MINUTES AWAY FROM AMENITY RICH DOWNTOWN SANTA BARBARA. Beautifully renovated from the roof down, including all electrical and plumbing. Interior upgrades include kitchens, baths and hardwood floors with charming porches and open spaces to the front and rear of each unit. This lovely, ever-evolving Eastside location offers great potential for additional rental income. Property is zoned as R-M (Residential Multi-Unit) which allows for multi-story, multi-unit development.
100% occupancy. 4 units. 2+1; 1+1+Loft; 3+1; 1+1 rear separate unit. All leases month to month.
All Rents Up to Date. NOTE: Please allow 48 hours notice to show. Text agent for quickest response.
SLIDE SHOW:
shorturl.at/mst38 List Price: $2,195,000.00
Price Per Unit: $548,750.00
APN #: 031-042-003
Year Built: 1950 (Circa)
Building Size: 2360
Total Lot Size: 11,325
Zoning: R-M Residential Multi-Unit Multi-Level
Rents Per Unit:
Unit #A: 2 bd 1 bath 630 sq ft $2400. Lease Month to month
Unit #B: 1bed room 1 bath 560sq ft. $1650. Month to month
Unit #C: 3 bedrooms 1 bath 630 sq. ft. $2500. Month to month
Unit #D 1 bedroom 1 bath 540 sq. ft. $2250. Month to month
Total Gross Monthly Rental Income: $8800.00
SCHEDULED GROSS TOTAL INCOME: 104,470.50
GRM: 21 (Market 17.55)
NOI: $76,086.72
CAP RATE: 3.4%
Last Agent to Sell the Property
Charley Pavlosky
Coldwell Banker Realty License #01904821 Listed on: 03/17/2021
Last Buyer's Agent
Charley Pavlosky
Coldwell Banker Realty License #01904821 Listed on: 03/17/2021
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Short William | $1,900,000 | First American Title Company | |
Chasse Scott | -- | None Available | |
Parris Bill | -- | Chicago Title Company | |
Chasse Scott | -- | Chicago Title Company | |
Lemer Eugene M | -- | Chicago Title Company |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Short William | $795,000 |
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/30/2021 10/30/21 | Sold | $1,900,000 | -24.0% | $1,044 / Sq Ft |
09/21/2021 09/21/21 | Pending | -- | -- | -- |
03/16/2021 03/16/21 | For Sale | $2,500,000 | -- | $1,374 / Sq Ft |
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 | $20,939 | $1,423,266 | $1,114,268 | $308,998 |
2023 | $20,939 | $1,938,000 | $1,071,000 | $867,000 |
2022 | $20,207 | $1,900,000 | $1,050,000 | $850,000 |
2021 | $13,778 | $1,298,750 | $1,064,466 | $234,284 |
2020 | $13,636 | $1,285,434 | $1,053,552 | $231,882 |
2019 | $13,399 | $1,260,231 | $1,032,895 | $227,336 |
2018 | $13,210 | $1,235,522 | $1,012,643 | $222,879 |
2017 | $12,458 | $1,181,297 | $992,788 | $188,509 |
2016 | $11,410 | $1,083,667 | $973,322 | $110,345 |
2015 | $11,285 | $1,067,390 | $958,702 | $108,688 |
2014 | $11,101 | $1,046,482 | $939,923 | $106,559 |
C
Seller's Agent in 2021
Charley Pavlosky
Coldwell Banker Realty
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-964
APN: 031-042-003