6503 Pardall Road, ISLA VISTA, CA 93117
$1,870,000
Property Type:
Res Inc
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$1,870,000
List Date:
10/10/2016
Last Modified:
4/17/2019
Description
This building, which is located immediately adjacent to the University of California campus, consists of
six one bedroom units plus a studio/recreation room. There is a common laundry room with washer/dryer
owned by the property, there is carport parking for three vehicles, plus additional open parking for five
vehicles. All units are in good condition.
Full package attached under documents.
More Information MLS# 16-3369
Location Info
District: 30 - SB/GOL SOUTH
Street #: 6503
Street Name: Pardall
Street Suffix: Road
State/Province: CA
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: F13
County: Santa Barbara
Parcel Number: 075-122-005
Cross Street: Embarcadero Del Nort
Contract Info
Current Price: $1,870,000
Price: 1870000
Buyers Agent $/%: 2.5
Begin Date: 2016-10-10
Status: Closed
Status Information
Sold Date: 2016-11-09
Sold Price: $1,870,000
Under Contract Date: 2016-10-18
Property Information
Number of Units: 6
Stories: 2
Year Built: 1969
Apx # Acres: 0.14
Apx Lot SqFt: 6098
Recurring Fees: No
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 50000
Miscellaneous
Parking Spaces: 8
# Refrigerators: 6
# Stoves: 6
Unit 1
# Units: 1
# Bedrooms: 1
# Baths: 1
Furnished: N
Rent: 1450
Monthly Total: 1450
Unit 2
# Units: 1
# Bedrooms: 1
# Baths: 1
Rent: 1450
Monthly Total: 1450
Unit 3
# Units: 1
# Bedrooms: 1
# Baths: 1
Rent: 1385
Monthly Total: 1385
Unit 4
# Units: 1
# Bedrooms: 1
# Baths: 1
Rent: 1475
Monthly Total: 1475
Income/Expenses
Total Monthly Income: 10185
Other Income: 105
Annual Income: 116450
Gross Rent Multiplr: 14.5
Capitalization Rate: 3.73
Taxes: 20185
Total Monthly Exp: 3164.33
Total Annual Exp: 37972
NOI: 68417.00
Parking Info
Total # Carport Spaces: 3
Total # Unconvered Spaces: 5
Property Features
Unit 1: Lease
Unit 2: Lease
Unit 3: Lease
Unit 4: Lease
Condition: Good
Foundation: Slab
Parking Info: Carport; Uncovered
Proximity: Near Bus; Near Park(s); Near School(s)
Laundry: In Unit; Laundry Room
Flr/Wdw Coverings: Carpet
Heating/Cooling: GFA
Pets: No
Owner Provides: Water; Trash
Zoning: C-2
Reports Available: Home Inspection; Pest Inspection; Prelim; Leases
Terms: Cash; Ctnl
Listing Type: ER
Contingent Remarks: REPORTS
Documents
Listing packet of Information ›Listing Office: Ronald L. Wolfe & Assoc. Inc.
Last Updated: April - 17 - 2019
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