$1,895,000
$1,895,000
For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 12/18/2024
Key Details
Sold Price $1,895,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24-3646
Sold Date 12/18/24
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 6534.0
Source Santa Barbara Multiple Listing Service
Property Description
Exceptional student housing opportunity located along the mountain side of Del Playa Drive, just two-and-a-half blocks from UCSB's campus and within easy walking distance of the restaurants, shops and amenities of Isla Vista's ''Loop.'' This 100%-leased duplex is being offered at a 4.89% Cap Rate on 2024-2025 rents with significant upside potential for the 2025-2026 school year. The property consists of a two large 2BD/2BA units each with an extra room that's utilized as a third single occupancy bedroom. There's also onsite laundry and off-street parking for four cars.
Location
State CA
County Santa Barbara
Interior
Laundry Other
Exterior
Parking Features Carport
Building
Lot Description Near Public Transit
Others
Tax ID 075-201-041
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
