502 E Canon Perdido Street, SANTA BARBARA, CA 93103

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502 E Canon Perdido Street, SANTA BARBARA, CA 93103

$1,125,000

Property Type: Res Inc Square Footage: 1,280 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $1,125,000 List Date: 9/12/2018 Last Modified: 4/29/2024

Description

Winning combination of large sized units, good elementary school, garage, laundry, and a location that's easily accessible to Paseo Nuevo Center and State Street. Spanish style with red tile roofs built in 1979 for the current owner, this is their first time ever on the market. Wonderful condition with great patios and small front yards. There is a 3 bed townhouse and a 2-bed single level. The adjacent separate parcel is available with five more units – MLS 18-3342 for $2.25M. Rents are under market. Showing times need to be at 5 PM on Wednesdays or 11 AM on Saturdays. Please arrange your showing with LA. Tenants love these units. These parcels should sell quickly.

More Information MLS# 18-3337

Location Info

District: 15 - SB/EAST OF STATE Street #: 502 Dir: E Street Name: Canon Perdido Street Suffix: Street State/Province: CA Postal Code: 93103 Compass Map: Santa Barbara Map Grid: P12 County: Santa Barbara Parcel Number: 031-031-001 Cross Street: Olive Street

Contract Info

Current Price: $1,125,000 Price: 1175000 Buyers Agent $/%: 2.5 Begin Date: 2018-09-11 Status: Closed

Status Information

Sold Date: 2018-12-13 Sold Price: $1,125,000 Under Contract Date: 2018-09-19

Property Information

Number of Units: 2 Stories: 2 Year Built: 1979 Main House SqFt: 1280 Other Structures SqFt: 800 Apx # Acres: 0.12 Apx Lot SqFt: 5227 Recurring Fees: No

Neighborhood/Schools

Neighborhood: 15 or 20 - Downtown Elementary School: Roosevelt Junior High School: S.B. Jr. High School: S.B. Sr.

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

Miscellaneous

Parking Spaces: 4 # Stoves: 2

Unit 1

# Units: 1 # Bedrooms: 3 # Baths: 1 # Half Baths: 1 Furnished: N Rent: 2300 Monthly Total: 2300

Unit 2

# Units: 2 # Bedrooms: 2 # Baths: 1 Rent: 1900 Monthly Total: 1900

Income/Expenses

Total Monthly Income: 4200 Annual Income: 50400 Gross Rent Multiplr: 23.3

Meters

Sep Meter Wtr: N Sep Meter Elec: Y Sep Meter Gas: Yes

Parking Info

Total # Garage Spaces: 2

Property Features

Unit 1: M/M Condition: Excellent; Good Foundation: Slab Parking Info: Garages; Gar #2 Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: In Unit Amenities: Gas Stove; Washer; Dryer; Refrigerator; Cable TV; Fncd Back Flr/Wdw Coverings: Carpet; Vinyl Heating/Cooling: Elec Pets: No Owner Provides: Water; Trash Zoning: R-4; Other Terms: Cash; Ctnl Listing Type: ER; EA Pub Listing Details: Estate Sale; None

Documents

Investment Summary 7 Unit Existing Rent ›

Investment Summary 7 Unit Proforma Rent ›

Investment Summary 5 Unit Proforma Rent ›

Investment Summary 5 Unit Existing Rent ›

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: April - 29 - 2024

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