6509 Seville Road, GOLETA, CA 93117
$3,425,000
Property Type:
Res Inc
Lot Size (sq. ft.):
6,502
Status:
Closed
Current Price:
$3,425,000
List Date:
3/10/2016
Last Modified:
4/18/2019
Description
Do you want location? How about one parcel - that is 100 feet to the UCSB campus? This attractive, perfectly located building features a nice diverse mix of units with substantial upside rental potential. Eight units feature either a balcony or patio. Location, demographics and the new UCSB enrollment plan make for a perfect investment!
More Information MLS# 16-779
Location Info
District: 30 - SB/GOL SOUTH
Street #: 6509
Street Name: Seville
Street Suffix: Road
State/Province: CA
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: F13
County: Santa Barbara
Parcel Number: 075-172-004
Cross Street: Embarcadero Del Nort
Contract Info
Current Price: $3,425,000
Price: 3450000
Financing: Cash
Buyers Agent $/%: 2
Begin Date: 2016-03-10
Status: Closed
Status Information
Sold Date: 2016-04-26
Sold Price: $3,425,000
Under Contract Date: 2016-04-04
Property Information
Number of Units: 10
Stories: 2
Year Built: 1963
Apx Lot SqFt: 6502
Recurring Fees: No
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 10
Unit 1
# Units: 2
# Baths: 1
Furnished: N
Rent: 2625
Monthly Total: 2625
Unit 2
# Units: 6
# Bedrooms: 1
# Baths: 1
Monthly Total: 8950
Unit 3
# Units: 2
# Bedrooms: 2
# Baths: 1
Monthly Total: 5275
Income/Expenses
Total Monthly Income: 16850
Other Income: 1275
Annual Income: 217440
Gross Rent Multiplr: 15.87
Capitalization Rate: 4.29
Water Expense: 2580
Electric Expense: 600
Gas Expense: 1656
Trash Expense: 3756
NOI: 147982
Meters
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Total # Carport Spaces: 7
Total # Unconvered Spaces: 3
Property Features
Unit 1: Lease
Unit 2: Lease
Unit 3: Lease
Income/Expenses: Actual
Condition: Good
Foundation: Slab
Parking Info: Carport; Uncovered; Cpt #7
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Amenities: Deck; Washer; Dryer; Refrigerator; Fncd Prt
Flr/Wdw Coverings: Carpet; Vinyl
Heating/Cooling: Wall
Zoning: SR
Reports Available: Prelim; NHD
Exchange: Yes
Terms: Cash; Ctnl
Listing Type: ER
Contingent Remarks: OTHER
Listing Office: Central Coast Investments
Last Updated: April - 18 - 2019
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