100 - 102 E Haley Street

    Santa Barbara, CA 93101
    • $2,200,000
    • STATUS: Closed
    • ON SITE: 225 days
    • MLS #: 18-70
    Sold - 05/18/2018
    $2,200,000
    SOLD - 05/18/2018
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Berkshire Hathaway Home Services California Properties.

    Description

    Fully occupied, Mixed Use Investment Property at 5.23% cap rate!!! This downtown Santa Barbara property at the signalized intersection of Anacapa and Haley features 4 fully furnished 1 bedroom, 1 bath residential units located above 2 highly versatile commercial spaces consisting of approximately 1,100 SF each. The commercial units are occupied by solid tenants; Pedego Electric Bikes and Santa Barbara Shoe Repair, both with a good track record of success, and they have significant lease term remaining on their leases.The building has recently been painted & each residential unit is beautifully updated to include noise reducing dual pane windows, refinished oak hardwood floors, and much more. These fully furnished apartments include kitchen appliances, flat screen televisions, & Apple TV(r)This property is located in the rapidly gentrifying East Haley Street area with 152 apartment units and 14,600 SF of commercial space under construction or approved within 1/2-mile radius. Ideally situated, 1 block to State Street and the up and coming craft beer trail, close to the beach, Stearn's Warf, Funk Zone and the new La Entrada, 5-star Hotel Californian.

    Monthly Payment Calculator



    The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than The Zia Group are marked with the "MLS" logo and detailed information about them includes the name of the listing brokers. All information is deemed reliable, but is not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Zia Group shall be responsible for any typographical errors, misinformation, or misprints. © 2018 Santa Barbara Multiple Listing Service. All rights reserved. Data last updated 2018-08-21T23:47:23.82.
    www.theziagroup.com/homes/79822907

    100 - 102 E Haley Street Santa Barbara, CA 93101

    • Price: $2,295,000
    • Status: Closed
    • Updated: 200 min ago
    • MLS #: 18-70
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1948
    Built
    Neighborhood:
    15 Or 20 - Downtown
    County:
    Santa Barbara
    Area:
    SB/East of State
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    Property Description
    Fully occupied, Mixed Use Investment Property at 5.23% cap rate!!! This downtown Santa Barbara property at the signalized intersection of Anacapa and Haley features 4 fully furnished 1 bedroom, 1 bath residential units located above 2 highly versatile commercial spaces consisting of approximately 1,100 SF each. The commercial units are occupied by solid tenants; Pedego Electric Bikes and Santa Barbara Shoe Repair, both with a good track record of success, and they have significant lease term remaining on their leases.The building has recently been painted & each residential unit is beautifully updated to include noise reducing dual pane windows, refinished oak hardwood floors, and much more. These fully furnished apartments include kitchen appliances, flat screen televisions, & Apple TV(r)This property is located in the rapidly gentrifying East Haley Street area with 152 apartment units and 14,600 SF of commercial space under construction or approved within 1/2-mile radius. Ideally situated, 1 block to State Street and the up and coming craft beer trail, close to the beach, Stearn's Warf, Funk Zone and the new La Entrada, 5-star Hotel Californian.
    Exterior Features

    Parking Information Street

    Interior Features

    Floor Window Coverings CarpetOtherTile Heating Cooling A/C OtherWall Laundry None Refrigerators 4.00 Unit1 Baths 4.00 Unit1 Bedrooms 4.00 Unit1 Half Baths 0.00 Unit2 Half Baths 2.00

    Property Features

    Condition ExcellentGood Cross Street Anacapa Deposit 3.00 Income Expenses Annual Income 169358.00 Income Expenses Capitalization Rate 5.23% Income Expenses NOI 120037 Income Expenses Taxes 24196.00 Income Expenses Total Annual Exp 49321.00 Income Expenses Vacancy Factor 5% Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Meters Separate Meter Water No Proximity Near BusNear OceanNear Park(S)Near Shopping Reports Available Home InspectionLeasesNHDOtherPest InspectionPrelimTDSZoning Security Smoke DetcSys Stoves 4.00 Terms CashCtnl Unit1 Furnished Yes Unit1 Monthly Total 8023.00 Unit1 Rent 8023.00 Unit1 Units 4.00 Unit2 Lease Unit2 Monthly Total 5099.00 Unit2 Units 2.00 Zoning C-M



    The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than The Zia Group are marked with the "MLS" logo and detailed information about them includes the name of the listing brokers. All information is deemed reliable, but is not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Zia Group shall be responsible for any typographical errors, misinformation, or misprints. © 2018 Santa Barbara Multiple Listing Service. All rights reserved. Data last updated 2018-08-21T23:47:23.82.
     
    The Zia Group
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Berkshire Hathaway Home Services California Properties.