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    318 S Voluntario St

    Santa Barbara, CA 93103
    • $2,625,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 20-617258
    UPDATED: 9 min ago
    $2,625,000
    • 11
      BEDS
    • 160.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,550
      SQFT
    • $473
      $/SQFT
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    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. These upgrades include new vinyl windows, remodeled laundry room, select remodeled bathrooms and kitchens, new liner for sewer, upgraded plumbing, new pressure regulator, patched all cracks in driveway, and there is an estimated 5-year old roof on the property.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T12:42:51.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/108781497
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    318 S Voluntario St Santa Barbara, CA 93103

    • Price: $2,625,000
    • Status: Active
    • Updated: 9 min ago
    • ID#: 20-617258
    11
    Beds
    0
    Baths
    0
    ½ Baths
    160.92
    Acres
    5,550
    SQFT
    $473
    $/SQFT
    1966
    Built
    Neighborhood:
    Mission Hills - Santa Barbara
    County:
    San Luis Obispo
    Area:
    Mission Hills - Santa Barbara
    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. These upgrades include new vinyl windows, remodeled laundry room, select remodeled bathrooms and kitchens, new liner for sewer, upgraded plumbing, new pressure regulator, patched all cracks in driveway, and there is an estimated 5-year old roof on the property.
    Exterior Features

    Lot Size Area 7009806 Other Structures Other Parking Garage Other Total Parking 10

    Interior Features

    Baths Total 8.00 Cooling Other Den No Dining Room No Equipment Other Family Room No Heating Other Rooms Other

    Property Features

    Assessed Total Value 46367 Gross Income 192900 Gross Operating Income 189033 Like Units1 4 Like Units2 2 Like Units3 1 Like Units4 1 Net Operating Income 126329.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Appraiser Source Lot Size Area Vendor Enhanced Total Annual Expense 62704 Type Of Units Standard Year Built Source Assessor Zoning Ag

    Listing provided courtesy of Filip Niculete DRE#01905352 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T12:42:51.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377