Monday, September 21, 2009

New Santa Barbara & Carpinteria REO Listings this morning

These two Bank-owned REO listings just came on the market.
1) San Roque 2/1.5 Condo in Santa Barbara for $330k: This is a beautifully remodeled condo unit with amenities and quality construction unlike anything else at this price in SB. Fully remodeled with granite counter tops, high-end appliances, in-unit laundry, bull-nosed corners, etc. This unit has a private and fenced patio and the complex has easy access to 5-points shopping center, La Cumbre Mall, and all that upper-state street offers.

2) 4/3 house or 2-units for $459k in Carpinteria: This property sold for this price in 1999, which by that simple equation (given that we are at 2003 prices) will make it one of the best values of the year. From my knowledge it is currently set up as a 3/1 unit downstairs and a separate, large 1/1 unit upstairs. You are within 1 mile to downtown Carpinteria and probably close to that for beach access as well. The home does have close proximity to the freeway, but you can't beat the price. Would make an excellent rental, owner-user situation, or multi-family investment property.

If you have any questions, or want to schedule an appointment to view either property, please contact me ASAP on my cell: 805-637-7148 or via email at Daniel@ZiaGroup.com. I'd be happy to provide all available info including property address, map location, pictures, square footage figures, etc.

I expect the Carpinteria property to sell quickly. The market continues to move at a very rapid pace. In the past two weeks, I had clients negotiating on 6 properties, five of which had multiple offers, and one of which had 20 offers. Hopefully, that gives you some frame of reference as far as what type of market activity we are seeing.

Labels: , ,

0 Comments:

Post a Comment

<< Home