125-129 Greenwell Avenue

Summerland, CA 93067

$5,200,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Call to offers: april 5th Seller must carry papers with exceptional terms! See details in ''More''.. Tucked between the Pacific Ocean and the Santa Ynez mountain range sits 125-129 Greenwell Ave. This Coastal Zoned property boasts two buildings consisting of (4) 2 bed / 1 bath and (6) 1 bed / 1 bath apartments. Units offer an abundance of natural light and have been well maintained and refreshed with various updates over the years. Tenants enjoy the ease of off-street parking and a communal deck...Call to offers: april 5th Seller must carry papers with exceptional terms! See details in ''More''.. Tucked between the Pacific Ocean and the Santa Ynez mountain range sits 125-129 Greenwell Ave. This Coastal Zoned property boasts two buildings consisting of (4) 2 bed / 1 bath and (6) 1 bed / 1 bath apartments. Units offer an abundance of natural light and have been well maintained and refreshed with various updates over the years. Tenants enjoy the ease of off-street parking and a communal deck with patio tables. This asset is centrally located in the charming beach town of Summerland, within walking distance to shops and eateries including Field + Fort and The Nugget, while being only a short drive to Santa Barbara's most popular hiking trails.
  1. Listed by Steven J Golis • DRE #00772218 • Radius Group Commercial R.E.

Property Details for 125-129 Greenwell Avenue

Zoning
Other
Cross Street
Lillie Avenue
Recurring Fees
No

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

Sold By Radius Group Commercial R.E., Chris Parker, DRE #01887788; Radius Group Commercial R.E., Austin Herlihy, DRE #01518112

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LISTING UPDATED: 05/25/2023 04:13 PM

Property Details for 125-129 Greenwell Avenue

StatusClosed
MLS #23-722
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1976
Lot Size0.47 AC / 20,473 SF
CountySanta Barbara County

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

Sold By Radius Group Commercial R.E., Chris Parker, DRE #01887788; Radius Group Commercial R.E., Austin Herlihy, DRE #01518112

Add your commute

Building Information for 125-129 Greenwell Avenue

Stories-Residences10Year Built1976Building Size-Lot Size0.47 AC / 20,473 SF

Payment Calculator

$28,379 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,379

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 125-129 Greenwell Avenue

Details
Features
  • District: 05 - CARPINTERIA-SUMMERLAND
  • Property Type: B
  • Laundry: Laundry Room
Parking/Garage
  • Parking Info: Uncovered
Location Info
Location Info
  • Tax Parcel Number: 005-204-048
  • LotLocation: Near Bus, Near Ocean, Near Park(s), Near School(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93067
Neighborhood/Schools
  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Junior High School: Carp. Jr.
Property / Assessor Information
Property / Assessor Info
  • Condition: Good
  • Reports Available: Pest Inspection, Prelim, Roof
  • Realtorcom Type: Multi-Family
  • Total # Units: 10
Income / Expense Info
Income / Expense Info
  • Capitalization Rate: 3.01
  • Gross Rent Multiplier: 18.55
  • Annual Income: $253,248
  • Total Monthly Income: $21,104
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 1
  • Unit 1Num Of Half Baths: 1
  • Unit 1Num Of Units: 6
  • Unit 1Monthly Total: $12,063
  • Unit 1Rent: $12,063
Unit 2 Info
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 2
  • Unit 2Num Of Half Baths: 0
  • Unit 2Num Of Units: 4
  • Unit 2Rent: $9,041
Contract Info
Contract Info
  • Deposit: 3
  • Close Price: $5,200,000.00
  • List Price: $4,750,000.00
  • Terms: OMC 1st, OTHER/CLA
  • Contract Date: 04-11-2023
  • Close Date: 05-25-2023
  • Status: Closed

Property History for 125-129 Greenwell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 125-129 Greenwell Avenue

This home is within Carpinteria Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Summerland Elementary School
PublicK to 5

Carpinteria Middle School
Public6 to 8

Carpinteria Senior High School
Public9 to 12

Aliso Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.