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2119 De La Vina Street, SANTA BARBARA, CA 93105 (MLS# 21-4186)

2119 De La Vina Street, SANTA BARBARA, CA 93105

$4,190,000
Property Type: Res Inc Square Footage: 8,530 Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $4,190,000 List Date: 11/18/2021 Last Modified: 9/15/2024

Overview

Description

Purported 3.05% actual cap rate, 5.10% market level cap rate. $210,000 actual gross income, $302,000 market level income. Court-ordered probate sale. 8-Plex in wonderful location: Less than 3 blocks to Cottage Hospital and all of the medical district, less than 2 blocks to the restaurants and shopping of Mission Street. All units are spacious 2 bedroom/1 bathroom homes. Beautifully maintained with tasteful upgrades and lush landscaping. Individual metering for electricity and gas. 8 car ports for off-street parking, each with additional storage, plus individual storage units in the coin-operated laundry area. 8,530 square feet of building on a 0.26 acre lot. One of the cleanest, best-located apartment complexes in town. Unbranded slideshow/virtual tour at 2119DeLaVina . com

Listing Details MLS# 21-4186

Location Info

District
20 - SB/WEST OF STATE
Street #
2119
Street Name
De La Vina
Street Suffix
Street
State
CA
Country
US
Postal Code
93105
Compass Map
Santa Barbara
Map Grid
N11
County
Santa Barbara
Parcel Nbr
025-232-005
Cross Street
West Los Olivos

Contract Info

Price
4190000
Buyers Agent $/%
2.5
Begin Date
2021-11-18

Status Information

Sold Date
2022-01-28
Under Contract Date
2021-11-19

Property Information

Number of Units
8
Year Built
1956
Main House SqFt
8530
Apx # Acres
0.26
Apx Lot SqFt
11326
Recurring Fees
Yes

Remarks

COVID Showing Remarks
Wear a mask. Obey all health guidelines.
Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
8

Unit 1

# Units
8
# Bedrooms
2
# Baths
Yes
Furnished
N
Rent
2189
Monthly Total
17510

Meters

Sep Meter Elec
Y
Sep Meter Gas
Yes

Parking Info

Total # Carport Spaces
8

Property Features

Condition: Good Foundation: Slab Proximity: Near Bus; Near Hospital; Near Park(s); Near Shopping Laundry: Bldg Amenities: Gas Stove Heating: Wall Owner Provides: Water; Trash Zoning: Other Reports Available: Other Terms: Cash; Conventional Listing Type: ER Pub Listing Details: Probate/Court
IDX
Listing Office: Santa Barbara Estates
Last Updated: September - 15 - 2024
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