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Address
410 W MICHELTORENA Street Santa Barbara, CA
Price
$ 5,285,000
Property Attributes
  • MLS#18342446
  • TypeIncome
  • CountySANTA BARBARA
  • CitySanta Barbara
  • AreaSanta Barbara
  • Zip93101
  • Style
  • Price$ 5,285,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12014
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
John Thyne with Goodwin & Thyne Properties Inc.
Property Description

This recently updated 12+ apartment multi-family investment generating a 4% cap return features a 12,014 square foot building with 16 covered parking spaces, onsite laundry, and lovely landscaped grounds . New flooring, updated kitchens/baths, fresh paint and close to market rents with room to grown makes this an excellent opportunity!! Assumable financing is available for 50% of the list price.

Price History
5/9/2018 Listed $6,200,000
7/9/2018 8% - $5,750,000
10/10/2018 9% - $5,250,000

General Features

Assessments None
Directions 101 freeway to Mission Exit, turn on Mission Street toward the mountains, turn Right on 1st cross Street onto Castillo Street, turn right onto W Micheltorena Street, Destination will be on the right.
Listagentaor Out of Area Board
Listing Agent John Thyne - BRE#01477382
Listing Agent State License 01477382
MLS Area VC81 - Santa Barbara
Price Per Square Foot 439.90
Source System CRMLS
Special Listing Conditions Standard
Total Units 12
Zoning R-4

Interior Features

Appliances Refrigerator
Appliances Y/N Yes
Cooling None
Laundry Features Individual Room
Laundry Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 12014.00
Lot Features Sprinklers None
Lot Size Acres 0.3800
Lot Size Area 16553.0000
Lot Size Square Feet 16553.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Detached Carport
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93101

Price
AVG $2.63M
$5.29M
Visits
AVG 23
374
Year Built
AVG 1947
1968
Walkscore
AVG 69
74
Data Provided by Walkscore ® not using MLS data

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