$4,600,000
$5,250,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
6,615 SqFt
SOLD DATE : 04/30/2018
Key Details
Sold Price $4,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,615 sqft
Price per Sqft $695
MLS Listing ID SR17224654
Sold Date 04/30/18
HOA Y/N No
Year Built 1967
Property Description
Del Playa Apartments is a well maintained 5-unit (44 Bed) student housing complex that consists of a 2-story building in the neighborhood of Isla Vista, California. Set on a 13,939 square foot lot, the 6,615 square foot property offers 20 bedrooms with a total of 44 beds at a current monthly income of $32,750. Built in 1967, the property is non-rent-controlled, adjacent to UC Santa Barbara, has spectacular ocean views, updated kitchens and bathrooms, balconies, large living rooms, ample storage and parking.
Del Playa Apartments is located along Del Playa Drive between Camino Corto to the west and Camino Del Sur to the east. ?e property overlooks the beach to the south and Sabado Tarde Road is just north.
Can also be sold in conjunction with 6745 & 6747 Del Playa which are both also listed on the MLS.
Location
State CA
County Santa Barbara
Area Isla - Isla Vista
Zoning SR-M-8
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Pool None
Community Features Street Lights, Urban
Parking Type Assigned
Private Pool No
Building
Lot Description Bluff
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 075192003
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Steve Golis • Radius Group Commercial Real E
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