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410 W Micheltorena St, Santa Barbara, CA 93101

$5,750,000

  • For Sale
  • Active
  • Multi-Family
410 W Micheltorena St, Santa Barbara, CA 93101View this property at 410 W Micheltorena St, Santa Barbara, CA 93101
410 W Micheltorena StSanta BarbaraCA93101
Property Description
This recently updated 12+ apartment multi-family investment generating a 4% cap return features a 12,014 square foot building with 16 covered parking spaces, onsite laundry, and lovely landscaped grounds . New flooring, updated kitchens/baths, fresh paint and close to market rents with room to grown makes this an excellent opportunity!! Assumable financing is available for 50% of the list price.

Full Property Details for 410 W Micheltorena St

General

  • Price: $5,750,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 17-1081
  • Updated: 6/27/2018
  • Added: 500 day(s) ago

Rooms

Other Rooms

  • Laundry: Room

Additional Information

  • Security/Safety: Smoke Detc

Parking

  • Parking: Detached

Location

  • Area: 20 - SB/WEST OF STATE
  • County: Santa Barbara
  • Subdivision: 15 or 20 - Downtown
  • Cross Streets: Castillo Street

School Information

  • Elementary School: Peabody
  • Middle School: S.B. Jr.
  • High School: S.B. Sr.

Community

  • Community Features: 220V, Cable TV, Dryer, Fncd Prt, Ovens/Bltin, Patio, Refrigerator, Washer

Heating & Cooling

  • Heating/Cooling: Heat Other

Structural Information

  • Foundation: Other
  • Stories/Levels: 2.0
  • Year Built: 1968

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1

Lot Features

  • Lot Size (Sq. Ft.): 15,552
  • Zoning: Other

Financial Considerations

  • Terms: Cash, Ctel, Ctnl

Listed by Goodwin & Thyne Properties

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Schools

Schools serving 410 W Micheltorena St

Score
Name
Grades
Distance
6
3018 Calle Noguerra, Santa Barbara, CA 93105
K-6
1.6 mi
5
721 East Cota Street, Santa Barbara, CA 93103
7-8
1.4 mi
7
700 East Anapamu St, Santa Barbara, CA 93103
9-12
1.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 410 W Micheltorena St Get Price Alerts

Date
Details
Price
Change
Source
6/27/2018
Price Reduced
$5,750,000
-7.26%
MLS
5/09/2018
Price Reduced
$6,200,000
-1.59%
MLS
10/12/2017
Price Reduced
$6,300,000
-1.49%
MLS
4/24/2017
Price Reduced
$6,395,000
-0.08%
MLS
4/03/2017
Listed
$6,400,000
56.1%
MLS
10/28/2016
Sold
$4,100,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 410 W Micheltorena St

Listed by Goodwin & Thyne Properties

410 W Micheltorena St, Santa Barbara, CA 93101 (MLS# 17-1081) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 410 W Micheltorena St is currently listed for $5,750,000 and was received on April 03, 2017. Want to learn more about 410 W Micheltorena St? Do you have questions about finding other Multi-Family real estate for sale in West of State? You can browse all West of State real estate or contact a Coldwell Banker agent to request more information.