$4,000,000
$4,150,000
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283 Ellwood Beach DR Goleta, CA 93117
11 Beds
12 Baths
7,200 SqFt
Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $555
MLS Listing ID 23000011
Sold Date 04/17/23
Bedrooms 11
Full Baths 12
Year Built 1970
Lot Size 10,019 Sqft
Acres 0.23
Property Sub-Type Multi Family
Source North Santa Barbara County Regional MLS
Property Description
Price just reduced $200k! 283 Ellwood Beach Drive is a garden style 2-story stucco apartment complex totaling 12 units that has been held by the same ownership group for 45 years. Convenient location for tenants with easy access to UCSB, major tech employers, Camino Real Marketplace and Monarch Butterfly Grove. Features (11) 1BD/1BA apartments and (1) studio with a mix of carport and uncovered parking along with onsite laundry room. Building is all electric and has individual electric meters and individual water heaters. Recent improvements include all new asphalt driveway, sewer lateral repaired, section 1 pest spot treatment completed. Roof is 10 years old. Current rents below market. Two units to be left vacant through close of escrow offering new owner immediate opportunity to remodel.
Location
State CA
County Santa Barbara
Interior
Heating Other Heat
Cooling None
Heat Source Other Heat
Exterior
Private Pool No
Building
Building Description Stucco, Stucco
Foundation Slab, None
Sewer Public Sewer
Water Public
Structure Type Stucco
Others
Senior Community No
Tax ID 079-552-028
Acceptable Financing Cash, 1031 Exchange, New Loan
Listing Terms Cash, 1031 Exchange, New Loan
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