1525 San Andres St

    Santa Barbara, CA 93101
    • $1,799,000
    • STATUS: Active
    • ON SITE: 114 days
    • MLS #: 18-685
    UPDATED: 23 min ago
    $1,799,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Evans Realty & Investments.

    Description

    Exceptional opportunity to acquire an updated three unit complex located on Santa Barbara's up and coming West Side. Seller's have identified another investment and would like to get this under contract ASAP! This outstanding property consists of a three bedroom, two bath single family home and a duplex with each unit offering two bedrooms, one bath and a single car garage. Recently updated all the units boast: new interior/exterior paint, refinished hardwood floors, modern kitchens, new bathrooms, and appliances. With easy access to downtown, the beach, SBCC and many of Santa Barbara great amenities this property will be a breeze to keep occupied with great tenants. This turn-key property is being offered fully occupied with high rents and low expenses making it an ideal investment.

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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 2018-06-21T11:47:32.227.
    www.theziagroup.com/homes/81093786

    1525 San Andres St Santa Barbara, CA 93101

    • Price: $1,799,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 18-685
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    Neighborhood:
    20 - Westside
    County:
    Santa Barbara
    Area:
    SB/West of State
    Elementary School:
    Harding
    Middle School:
    Lacumbre
    High School:
    San Marcos
    Property Description
    Exceptional opportunity to acquire an updated three unit complex located on Santa Barbara's up and coming West Side. Seller's have identified another investment and would like to get this under contract ASAP! This outstanding property consists of a three bedroom, two bath single family home and a duplex with each unit offering two bedrooms, one bath and a single car garage. Recently updated all the units boast: new interior/exterior paint, refinished hardwood floors, modern kitchens, new bathrooms, and appliances. With easy access to downtown, the beach, SBCC and many of Santa Barbara great amenities this property will be a breeze to keep occupied with great tenants. This turn-key property is being offered fully occupied with high rents and low expenses making it an ideal investment.
    Exterior Features

    Parking Information GaragesUncovered

    Interior Features

    Amenities Fncd BackFncd PrtGas StoveRefrigerator Floor Window Coverings HardwoodTileWood/Laminate Heating Cooling GfaWall Laundry Some Refrigerators 3.00 Unit1 Baths 2.00 Unit1 Bedrooms 3.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 2.00 Unit3 Baths 1.00 Unit3 Bedrooms 2.00

    Property Features

    Condition Excellent Cross Street Arrellaga Deposit 3.00 Foundation Raised Income Expenses Annual Income 104400.00 Income Expenses Capitalization Rate 4.37 Income Expenses Gross Rent Multiplier 17.23 Income Expenses Insurance 1645.00 Income Expenses Maintenance Expense 1200.00 Income Expenses NOI 78574.96 Income Expenses Total Annual Exp 27805.00 Income Expenses Total Monthly Income 8700.00 Income Expenses Vacancy Factor 1044 Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Owner Provides TrashWater Proximity Near BusNear HospitalNear Park(S)Near School(S)Near Shopping Public Listing Details None Reports Available NhdPrelimTds Stoves 3.00 Terms CashCtnl Unit1 Furnished No Unit1 Monthly Total 3500.00 Unit1 Rent 3500.00 Unit1 Units 1.00 Unit2 Furnished No Unit2 Monthly Total 2550.00 Unit2 Rent 2550.00 Unit2 Units 1.00 Unit3 Monthly Total 2650.00 Unit3 Rent 2650.00 Unit3 Units 1.00 Zoning R-2



    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 2018-06-21T11:47:32.227.
     
    The Zia Group
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Evans Realty & Investments.