125 W Mason St

    Santa Barbara, CA 93101
    • $3,565,000
    • STATUS: Pending
    • ON SITE: 139 days
    • MLS #: 18-48
    Pending
    $3,565,000
    • 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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    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 2018-05-23T23:47:28.267.
    www.theziagroup.com/homes/79714634

    125 W Mason St Santa Barbara, CA 93101

    • Price: $3,565,000
    • Status: Pending
    • 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



    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 2018-05-23T23:47:28.267.
     
    The Zia Group
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Hayes Commercial Group.