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283 Ellwood Beach Drive Goleta, CA 93117
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Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $555
MLS Listing ID 23000011
Bedrooms 11
Full Baths 12
Year Built 1970
Lot Size 10,019 Sqft
Property Sub-Type Multi-Family
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
Area 99 - Out Of Area
Interior
Heating Other Heat
Cooling None
Exterior
Parking Features 11 - 25
Roof Type Other
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Exchange, New Loan
Listing Terms Cash, Exchange, New Loan
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Bought with Stephen Leider • Lee & Associates
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