125 W Mason St

    Santa Barbara, CA 93101
    • $3,400,000
    • STATUS: Closed
    • ON SITE: 313 days
    • MLS #: 18-48
    Sold - 08/24/2018
    $3,400,000
    SOLD - 08/24/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Hayes Commercial Group.

    Description

    This ideally located five-unit apartment building, adjacent to AmbassadorPark in the idyllic West Beach neighborhood, has been inthe same family for over 15 years. Its classic Spanish Mediterraneanarchitecture and lush landscaping is reminiscent of a peacefuloasis, while the property's unit mix provides great versatility for aninvestor. With a "walk score" of 83, the location allows easy accessto the Funk Zone, the harbor, the wharf and the many amenities ofdowntown Santa Barbara, satisfying every whim of the tenants andkeeping these units in high demand.

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    © 2018 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2018-11-14T18:47:15.627. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2018-11-14T18:47:15.627.
    www.theziagroup.com/homes/79714634

    125 W Mason St Santa Barbara, CA 93101

    • Price: $3,565,000
    • Status: Closed
    • Updated: 50 min ago
    • MLS #: 18-48
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    20 - West Beach
    County:
    Santa Barbara
    Area:
    SB/West of State
    Elementary School:
    Mckinley
    Middle School:
    Lacumbre
    High School:
    S.B. Sr.
    Property Description
    This ideally located five-unit apartment building, adjacent to AmbassadorPark in the idyllic West Beach neighborhood, has been inthe same family for over 15 years. Its classic Spanish Mediterraneanarchitecture and lush landscaping is reminiscent of a peacefuloasis, while the property's unit mix provides great versatility for aninvestor. With a "walk score" of 83, the location allows easy accessto the Funk Zone, the harbor, the wharf and the many amenities ofdowntown Santa Barbara, satisfying every whim of the tenants andkeeping these units in high demand.
    Interior Features

    Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 2.00 Unit2 Half Baths 0.00 Unit3 Baths 1.00 Unit3 Bedrooms 0.00

    Property Features

    Cross Street Cabrillo Deposit 0.00 Income Expenses Annual Income 172800.00 Income Expenses Capitalization Rate 3.0 Income Expenses Gross Rent Multiplier 20.7 Terms Other/Cla Unit1 Lease Unit1 Furnished No Unit1 Monthly Total 8250.00 Unit1 Rent 0.00 Unit1 Units 3.00 Unit2 Furnished No Unit2 Monthly Total 3900.00 Unit2 Units 1.00 Unit3 Furnished No Unit3 Monthly Total 1650.00 Unit3 Units 1.00 Zoning Other

    Listing information © 2018 Santa Barbara MLS
    Listing provided courtesy of Hayes Commercial Group.



    © 2018 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2018-11-14T18:47:15.627. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2018-11-14T18:47:15.627.
     
    The Zia Group
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Hayes Commercial Group.