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    614 W Pedregosa St

    Santa Barbara, CA 93101
    • $4,375,000
    • STATUS: Pending
    • ON SITE: 32 days
    • MLS #: 21-977
    Pending
    UPDATED: 21 min ago
    $4,375,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Radius Group Commercial R.E..

    Description

    This well maintained 10-unit property is located on Santa Barbara's Westside. The property includes 2 buildings with 9 apartments and a stand-alone house. The apartments include (1) 3BD+1BA, (4) 2BD+1BA, and (4) 1BD+1BA. The house is a 3BD+1BA. The property also boasts ample off street parking including 8 garages and 3 additional spaces.Nestled on a residential block with only light traffic, the two buildings are sited on a deep lot with lush landscaping providing a quiet, oasis-like feel despite being just blocks from the Mission St. and 101 Freeway interchange. The units are located near Harding School & La Cumbre Junior High, with downtown Santa Barbara in easy bicycle distance.This property has not been available for sale in decades and is competitively priced at $437,000/unit with a proforma cap rate of 4.2%. Access to the building subject to accepted offer. Please contact listing agent for available inspections. Please do not disturb the occupants.

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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-04-19T17:47:07.673. 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 2021-04-19T17:47:07.673.
    www.theziagroup.com/homes/115199520
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    614 W Pedregosa St Santa Barbara, CA 93101

    • Price: $4,375,000
    • Status: Pending
    • Updated: 21 min ago
    • MLS #: 21-977
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    Neighborhood:
    SB/West of State
    County:
    Santa Barbara
    Area:
    SB/West of State
    Elementary School:
    Adams
    Middle School:
    Lacumbre
    High School:
    San Marcos
    Property Description
    This well maintained 10-unit property is located on Santa Barbara's Westside. The property includes 2 buildings with 9 apartments and a stand-alone house. The apartments include (1) 3BD+1BA, (4) 2BD+1BA, and (4) 1BD+1BA. The house is a 3BD+1BA. The property also boasts ample off street parking including 8 garages and 3 additional spaces.Nestled on a residential block with only light traffic, the two buildings are sited on a deep lot with lush landscaping providing a quiet, oasis-like feel despite being just blocks from the Mission St. and 101 Freeway interchange. The units are located near Harding School & La Cumbre Junior High, with downtown Santa Barbara in easy bicycle distance.This property has not been available for sale in decades and is competitively priced at $437,000/unit with a proforma cap rate of 4.2%. Access to the building subject to accepted offer. Please contact listing agent for available inspections. Please do not disturb the occupants.
    Exterior Features

    Parking Information GaragesMixed Parking Spaces 11.00

    Interior Features

    Laundry Bldg Unit1 Baths 10.00 Unit1 Bedrooms 19.00 Unit1 Half Baths 0.00

    Property Features

    Condition Excellent Cross Street San Andres Street Deposit 3.00 Foundation Slab Income Expenses Annual Income 266280.00 Income Expenses Capitalization Rate 3.7 Income Expenses Vacancy Factor 2 Terms CashCtnl Unit1 Furnished No Unit1 Monthly Total 22190.00 Unit1 Rent 0.00 Unit1 Units 10.00 Zoning Other

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of Radius Group Commercial R.E..



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-04-19T17:47:07.673. 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 2021-04-19T17:47:07.673.
     
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    The Zia Group | Keller Williams Santa Barbara
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Radius Group Commercial R.E..