$5,475,000
$6,250,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 12/14/2023
Key Details
Sold Price $5,475,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Santa Barbara: Other (80)
MLS Listing ID PI23170416
Sold Date 12/14/23
HOA Y/N No
Year Built 1963
Lot Size 0.500 Acres
Property Description
3963 Via Lucero is a conveniently located multi-family property on a tree-lined street in the upper State St. area of Santa Barbara and with a WalkScore® of 78, allowing tenants to enjoy easy access to all that Santa Barbara has to offer. Property is comprised of 3 buildings with (9) 2Bed/1Bath, (6) 1Bed/1Bath, and (1) Studio surrounding an inviting pool. Property was originally built in 1963 and tenants enjoy 9 covered carports and 11 uncovered parking spaces and a common area laundry room. Electric and gas utilities are individually metered.
Gross Rent, GRM, and CAP based on proforma rents.
Property may be purchased with 427 W Islay St, a 22-unit apartment building.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Zoning R-3/S-D-2
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 9
Pool Private
Community Features Sidewalks
Total Parking Spaces 20
Private Pool Yes
Building
Lot Description 36-40 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 057233021
Energy Description 1.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Christos Celmayster • Hayes Commercial Group, Inc.
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Broker Associate | Lic# 01905244