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Sold for $2,750,000 on 09/04/24
  • $2,750,000

    2011 Oak Ave, Santa Barbara, CA 93101

    --beds
    0baths
    4,218sqft
    Multi Family
    Built in 1973
    -- sqft lot
    $2,784,900 Zestimate®
    $652/sqft
    $4,563 Estimated rent

    What's special

    Located at the end of a quiet cul-de-sac in Santa Barbara's burgeoning Westside neighborhood, sits 2011 Oak Avenue. This ±4,218 SF Multifamily property features (8) 1 bedroom/1 bathroom units boasting spacious floor plans and private entrances, each flowing with an abundance of natural light. Upstairs units are peaked with cathedral ceilings and offer fireplaces and breathless mountain views. Tenants enjoy the ease of a recently paved 14-space parking lot, beautiful landscaping and convenient on-site laundry. The building has been very well maintained over the course of its longtime ownership. Current rents for these units are below market, offering an investor a fantastic opportunity for upside.

    Zillow last checked: 7 hours ago

    Listing updated: September 14, 2024 at 08:39pm

    Listed by:

    Steven J Golis 00772218 805-965-5500,

    Radius Group Commercial R.E.

    Bought with:

    Steven J Golis, 00772218

    Radius Group Commercial R.E.

    Source: SBMLS,MLS#: 24-733MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: Laundry Room
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,218 sqft

    Property

    Parking
    • Total spaces: 14
    Lot
    • Size: 9,583 sqft
    • Features: Near Public Transit
    Details
    • Parcel number: 049092016
    • Zoning: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Good
    • Year built: 1973

    Community & neighborhood

    Location
    • Region: Santa Barbara

    HOA & financial

    Other financial information
    • Total actual rent: 14708

    Other

    Other facts
    • Listing terms: Cash,Ctnl
    Services availability