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823 E De La Guerra StreetSanta Barbara, CA 93103 0

$2,150,000
Multi-Family
Status: Active
  • Bed:8
  • Bath:6
  • Sqft:3,900
  • Lot:0.17 acre
  • MLS#: 1701727
34.428878784179688-119.68985748291016
Courtesy Of Steve Golis, Radius Commercial RE

Description:

This 2-story walk-up building is a charming investment well-situated near the Santa Barbara Bowl and downtown Santa Barbara and offers a unit mix of (2) 2BD/1BA and (4) 1BD/1BA apartments. Features include newly painted exterior, new carport roof, on-site parking, new wrought iron railing, common laundry room and two new water heaters. Upper units boast open beam ceilings and two units have been updated with new vinyl plank flooring, paint, carpet, stainless stove/oven and wood blinds. With additional upgrades a new owner can take this property to the next level--there is plenty of upside! Buyer will have the opportunity to assume $875,000 loan with 3.1% fixed interest rate for approximately two years, or obtain new financing.

Main Features:

Listing Status Active Year Built 1966
Floors 2 Full Bath 6
County Santa Barbara Rental Price $0
Units 6

Additional Features:

Air Conditioning Other
Documents Available Other
Foundation Slab
Heating NONE
Laundry Common
Listing Type Other
Lot Size Source Other
Meter(s) Electric
Gas
Parking 6 - 10
Possession Close Of Escrow
Roof Other
Sqft Source Other
Sub-Area 962 - Out of Area
Terms Cash
Other

Extra Features:

Acres 0.17 APN 031-042-013
Board Code Santa Ynez Valley Cap Rate 3.93
CDOM 32 Deposit 0.00
Document Count 0 Lot Size Sq Ft 7405.00
Net Operating Income 84442.00 Price Per SQFT 551.28

The data relating to real estate for sale on this website comes in part from the IDX program of the Central Coast Regional Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Art Gardner are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent.
Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided.
The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listings displayed are the property of the member Associations of the Central Coast Regional MLS, and are protected under one or more of the following copyright registrations:
Atascadero Association of REALTORS®, Inc. Copyright ;
Paso Robles Association of REALTORS®, Inc. Copyright ;
Pismo Coast Association of REALTORS®, Inc. Copyright ;
San Luis Obispo Association of REALTORS®, Inc. Copyright ;
Santa Maria Association of REALTORS®, Inc. Copyright ;
Santa Ynez Association of REALTORS®, Inc. Copyright ;
Scenic Coast Association of REALTORS®, Inc. Copyright . All rights reserved.
Last Updated On: 10/22/2017 4:53:00 PM

823 E De La Guerra Street, Santa Barbara, CA 93103

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The data relating to real estate for sale on this website comes in part from the IDX program of the Central Coast Regional Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Art Gardner are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent.
Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided.
The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listings displayed are the property of the member Associations of the Central Coast Regional MLS, and are protected under one or more of the following copyright registrations:
Atascadero Association of REALTORS®, Inc. Copyright ;
Paso Robles Association of REALTORS®, Inc. Copyright ;
Pismo Coast Association of REALTORS®, Inc. Copyright ;
San Luis Obispo Association of REALTORS®, Inc. Copyright ;
Santa Maria Association of REALTORS®, Inc. Copyright ;
Santa Ynez Association of REALTORS®, Inc. Copyright ;
Scenic Coast Association of REALTORS®, Inc. Copyright . All rights reserved.
Last Updated On: 10/22/2017 4:53:00 PM

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