$4,360,000
$6,750,000
35.4%For more information regarding the value of a property, please contact us for a free consultation.
0.37 Acres Lot
SOLD DATE : 12/15/2023
Key Details
Sold Price $4,360,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Santa Barbara: Other (80)
MLS Listing ID PI23170398
Sold Date 12/15/23
HOA Y/N No
Year Built 1968
Lot Size 0.370 Acres
Property Description
Sheri Apartments is a 22-unit multi-family building close to downtown Santa Barbara, 4 blocks west of State Street, and 5 blocks south of Santa Barbara Cottage Hospital. Very low cost per unit for Santa Barbara! Originally built in 1968, the property sits on a 16,117 SF lot, and the rentable space is approximately 7,088 SF. Property consists of (2) small 1Bed/1Bath and (20) studio units, all separately metered for electricity and gas. There are 22 uncovered parking spaces and a common laundry area. Property may be purchased with 3963 Via Lucero, a 16-unit apartment building which is also being sold by the same seller.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Zoning R-4
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 36-40 Units/Acre, Cul-De-Sac
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 027081021
Energy Description 1.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Stephen Epstein • Keller Williams Realty Santa Barbara
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "