$5,225,000
$5,285,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 01/29/2020
Key Details
Sold Price $5,225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18342446
Sold Date 01/29/20
HOA Y/N No
Year Built 1968
Lot Size 0.380 Acres
Acres 0.38
Property Description
This recently updated 12+ apartment multi-family investment generating a 4% cap return features a 12,014 square foot building with 16 covered parking spaces, onsite laundry, and lovely landscaped grounds . New flooring, updated kitchens/baths, fresh paint and close to market rents with room to grown makes this an excellent opportunity!! Assumable financing is available for 50% of the list price.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Zoning R-4
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Laundry Room
Exterior
Garage Detached Carport
Parking Type Detached Carport
Building
Story 2
Others
Senior Community No
Tax ID 027211011
Special Listing Condition Standard
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Bought with Krista Murchison • O.I.C. Real Estate Services