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Krista Murchison

Call Krista
OiC Real Estate Services
Santa Maria, CA 93455

805-620-7355
Contact Me

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Listing 2 out of 299
$1,645,000 For Sale

610 Maple Avenue
Santa Barbara, CA 93103

5 units | Multi Family Home
5227 sq ft - MLS# 19421106
Property Photo
1/8

Description

The Garden Court apartment symbolize the culture of southern California living. These cottages, dating from the mid 1920's, once housed the students who attended The Normal School, the precursor to UCSB. A rare find on the Riviera are five units, with some peaks of the ocean and the Mesa. Consisting of four freestanding cottages, three one-bedroom units and the fourth cottage containing two studio apartments. Each cottage enjoys its own green yard space, and private decks, both hard to find in a rental. Light and bright all feature hardwood floors, with three of the cottages having updated kitchens and baths. The studio apartments feature Murphy beds, which make them live like a one bedroom. Located a short distance from the Mission, Orpet Park and El Encanto, these units are always in high demand. Coin.-op laundry on site.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93103
  • Year Built: 1920
  • Units: 5 units
  • Lot Size: 5227 sq ft
  • Zoning: R-2
  • Area: VC81 - Santa Barbara
  • Appliances: Water Heater Unit, None
  • Cap Rate: 4.00
  • Construction Materials: Clapboard
  • Direction Faces: South
  • Directions: Pedregosa towards APS, left on Grand Ave and first left on Maple Ave. Units are on the left.
  • Flooring: Wood
  • Gross Multiplier: 18.00
  • Gross Operating Income: 91337.00
  • Improvements Amount: 459000
  • Insurance Expense: 1872.00
  • Land Value: 867000
  • Laundry Features: Community, None
  • Laundry Income: 1000.00
  • Listing Agent License: 00863811
  • Listing Office License: 01991628
  • Lot Size Area: 5227.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CL
  • Maintenance Expense: 1543.00
  • Net Operating Income: 65300.00
  • Number Of Buildings: 4
  • Other Expense: 96.00
  • Parking Features: Street
  • Parking YN: Yes
  • Roof: Asphalt
  • Security Features: Carbon Monoxide Detector(s)
  • Total Expenses: 24538.00
  • Trash Expense: 732.00
  • Water Sewer Expense: 2516.00
Courtesy of Compass, Pamela Regan




Call Krista  | 805-620-7355 | Contact Me
1105 E Foster Rd, Ste B - Santa Maria, CA 93455
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