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Address Not Published

Goleta, CA 93111
  • $4,250,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 21-4235
$4,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Radius Group Commercial R.E..

Description

This is a truly exceptional opportunity for a potential redevelopment hotel/ motel use directly across the street from Goleta Valley Cottage Hospital in close proximity to Hwy 217. This property comprises seven (7) residential units and one (1) retail commercial unit, giving new ownership the ability to explore a redevelopment opportunity while collecting current income. The residential rental units are well under market leaving room for tremendous upside on current income. Most of the cottages have been extensively renovated and feature the following updates: remodeled kitchens & baths, vaulted ceilings & laminated floors, freshly painted interiors & exteriors, private patios/porches, washer/dryer in each unit, and new windows.The property comprises two separate APN: #071-101-015 and #071-101-002. Please Do Not Disturb the Occupants.

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© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-12-08T23:46:52.26. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-12-08T23:46:52.26.
www.theepsteinpartners.com/homes/123507335
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Address Not Published Goleta, CA 93111

  • Price: $4,250,000
  • Status: Active
  • On Site: 15 Days
  • MLS #: 21-4235
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1957
Built
Neighborhood:
SB/Gol South
County:
Santa Barbara
Area:
SB/Gol South
Elementary School:
Other
Middle School:
Other
High School:
Other
Property Description
This is a truly exceptional opportunity for a potential redevelopment hotel/ motel use directly across the street from Goleta Valley Cottage Hospital in close proximity to Hwy 217. This property comprises seven (7) residential units and one (1) retail commercial unit, giving new ownership the ability to explore a redevelopment opportunity while collecting current income. The residential rental units are well under market leaving room for tremendous upside on current income. Most of the cottages have been extensively renovated and feature the following updates: remodeled kitchens & baths, vaulted ceilings & laminated floors, freshly painted interiors & exteriors, private patios/porches, washer/dryer in each unit, and new windows.The property comprises two separate APN: #071-101-015 and #071-101-002. Please Do Not Disturb the Occupants.
Exterior Features

Parking Information Gar #1MixedUncovered

Interior Features

Amenities Fireplace Floor Window Coverings Wood/Laminate Unit1 Baths 1.00 Unit1 Bedrooms 3.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 1.00 Unit3 Baths 1.00 Unit3 Bedrooms 2.00

Property Features

Cross Street S La Patera Ln Deposit 3.00 Proximity Near BusNear HospitalNear Park(S)Near School(S)Near Shopping Terms CashCtnl Unit1 Furnished No Unit1 Monthly Total 13590.00 Unit1 Rent 3500.00 Unit1 Units 1.00 Unit2 Units 2.00 Unit3 Units 4.00 Zoning Other

Listing information © 2021 Santa Barbara MLS
Listing provided courtesy of Radius Group Commercial R.E..



© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-12-08T23:46:52.26. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-12-08T23:46:52.26.
 
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Keller Williams
1503 Chapala Street
Santa Barbara CA, 93101
Listing provided courtesy of Radius Group Commercial R.E..