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    318 S Voluntario St

    Santa Barbara, CA 93103
    • $2,625,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 20-3114
    $2,625,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Marcus And Millichap.

    Description

    We are proud to present 8 units located at 318 S Voluntario Street in Santa Barbara, California. Built in 1966, the offering sits on 11,761 square feet of land with approx. 5,550 square feet of rentable area and consists of 6- one bed / one bath, 1- two bed / one bath unit and 1 - three bed / one bath unit.The Property is in an irreplaceable location within one block of the beautiful Santa Barbara beaches of the Pacific Ocean and within a short drive to the famous State Street of downtown Santa Barbara. Furthermore, it offers more than enough surface parking for all tenants and guests at the back of the lot.The Seller has made numerous upgrades to the property over the past year.

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    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-10-25T23:46:57.533. 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 2020-10-25T23:46:57.533.
    www.theziagroup.com/homes/108781644
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    318 S Voluntario St Santa Barbara, CA 93103

    • Price: $2,625,000
    • Status: Active
    • MLS #: 20-3114
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1966
    Built
    Neighborhood:
    SB/West of State
    County:
    Santa Barbara
    Area:
    SB/West of State
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    Property Description
    We are proud to present 8 units located at 318 S Voluntario Street in Santa Barbara, California. Built in 1966, the offering sits on 11,761 square feet of land with approx. 5,550 square feet of rentable area and consists of 6- one bed / one bath, 1- two bed / one bath unit and 1 - three bed / one bath unit.The Property is in an irreplaceable location within one block of the beautiful Santa Barbara beaches of the Pacific Ocean and within a short drive to the famous State Street of downtown Santa Barbara. Furthermore, it offers more than enough surface parking for all tenants and guests at the back of the lot.The Seller has made numerous upgrades to the property over the past year.
    Exterior Features

    Parking Spaces 11.00

    Interior Features

    Refrigerators 8.00 Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 1.00 Unit2 Half Baths 0.00 Unit3 Baths 1.00 Unit3 Bedrooms 2.00 Unit3 Half Baths 0.00 Unit4 Baths 1.00 Unit4 Bedrooms 3.00 Unit4 Half Baths 0.00

    Property Features

    Condition Good Cross Street Indio Muerto St. Deposit 3.00 Foundation Slab Income Expenses Capitalization Rate 4.45% Income Expenses Cash Flow 116733.00 Income Expenses Debit Service 1.98 Income Expenses Electric Expense 3060.00 Income Expenses Gas Expense 3060.00 Income Expenses Gross Rent Multiplier 13.93 Income Expenses Maintenance Expense 2400.00 Income Expenses NOI 116733 Income Expenses Other Income 1920.00 Income Expenses Taxes 27996.00 Income Expenses Total Annual Exp 67935.00 Income Expenses Total Monthly Expenses 5661.00 Income Expenses Total Monthly Income 188400.00 Income Expenses Trash Expense 9612.00 Income Expenses Water Expense 6000.00 Stoves 8.00 Terms Other/Cla Unit1 Furnished No Unit1 Monthly Total 7000.00 Unit1 Rent 1750.00 Unit1 Units 4.00 Unit2 Monthly Total 3500.00 Unit2 Rent 1750.00 Unit2 Units 2.00 Unit3 Monthly Total 2800.00 Unit3 Rent 2400.00 Unit3 Units 1.00 Unit4 Monthly Total 2800.00 Unit4 Rent 2800.00 Unit4 Units 1.00 Zoning R-1

    Listing information © 2020 Santa Barbara MLS
    Listing provided courtesy of Marcus And Millichap.



    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-10-25T23:46:57.533. 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 2020-10-25T23:46:57.533.
     
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    The Zia Group | Keller Williams Santa Barbara
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Marcus And Millichap.