$4,150,000
For more information regarding the value of a property, please contact us for a free consultation.
10,019 Sqft Lot
SOLD DATE : 04/17/2023
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision 30 - Ellwood/Santa Barbara Shores
MLS Listing ID 23-21
Sold Date 04/17/23
Year Built 1970
Lot Size 10,019 Sqft
Acres 0.27
Lot Dimensions 10019.0
Source Santa Barbara Multiple Listing Service
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
Community 30 - Ellwood/Santa Barbara Shores
Interior
Laundry Laundry Room
Exterior
Parking Features Carport, Uncovered
Building
Foundation Slab
New Construction No
Others
Tax ID 079-552-028
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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