712 W Anapamu St

    Santa Barbara, CA 93101
    • $2,350,000
    • STATUS: Active
    • ON SITE: 113 days
    • MLS #: 18-355
    UPDATED: 43 min ago
    $2,350,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Information

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

    Description

    Eight-unit apartment located on the Westside close to City College, the Mesa, restaurants, shopping, parks, and only minutes to the beach and downtown Santa Barbara. This garden-style building offers its tenants large units, an expansive common courtyard, a large common second floor-deck with mountain views, onsite parking and an onsite laundry room. All units are approximately 35% below market, allowing a buyerthe opportunity to reposition the property and obtain higher rents in one of the strongest rental markets along the Central Coast. Please note the seller is providing interested buyer several reports and disclosures prior to submitting an offer.

    Monthly Payment Calculator



    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 2018-05-25T23:47:18.097.
    www.theziagroup.com/homes/80429664

    712 W Anapamu St Santa Barbara, CA 93101

    • Price: $2,350,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 18-355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1967
    Built
    Neighborhood:
    20 - Westside
    County:
    Santa Barbara
    Area:
    SB/West of State
    Elementary School:
    Harding
    Middle School:
    Lacumbre
    High School:
    San Marcos
    Property Description
    Eight-unit apartment located on the Westside close to City College, the Mesa, restaurants, shopping, parks, and only minutes to the beach and downtown Santa Barbara. This garden-style building offers its tenants large units, an expansive common courtyard, a large common second floor-deck with mountain views, onsite parking and an onsite laundry room. All units are approximately 35% below market, allowing a buyerthe opportunity to reposition the property and obtain higher rents in one of the strongest rental markets along the Central Coast. Please note the seller is providing interested buyer several reports and disclosures prior to submitting an offer.
    Exterior Features

    Parking Information Uncovered

    Interior Features

    Amenities DeckPatio Laundry Room Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 2.00

    Property Features

    Cross Street Mercedes Deposit 75000.00 Foundation Slab Income Expenses Estimated Income Expenses Annual Income 176650.00 Income Expenses Capitalization Rate 5.08 Income Expenses Electric Expense 550.00 Income Expenses Gross Rent Multiplier 13.30 Income Expenses Insurance 3870.00 Income Expenses Maintenance Expense 5200.00 Income Expenses NOI 119309 Income Expenses Other Income 71.00 Income Expenses Taxes 24707.00 Income Expenses Total Annual Exp 53808.00 Income Expenses Total Monthly Income 14650.00 Income Expenses Vacancy Factor 3533 Income Expenses Water Expense 6717.00 Meters Separate Meter Electric Yes Proximity Near BusNear HospitalNear OceanNear Park(S)Near School(S)Near Shopping Terms Cash Unit1 M/M Unit1 Furnished No Unit1 Monthly Total 12250.00 Unit1 Rent 1750.00 Unit1 Units 7.00 Unit2 M/M Unit2 Monthly Total 2400.00 Unit2 Rent 2400.00 Unit2 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 2018-05-25T23:47:18.097.
     
    The Zia Group
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Hayes Commercial Group.