2011 Oak Avenue

Santa Barbara, CA 93101

$2,975,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located at the end of a quiet cul-de-sac inSanta 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...Located at the end of a quiet cul-de-sac inSanta 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 unitsare below market, offering an investor a fantastic opportunity for upside.
  1. Listed by Steven J Golis • DRE #00772218 • Radius Group Commercial R.E.

Property Details for 2011 Oak Avenue

Zoning
Other
Cross Street
Modoc
Recurring Fees
No

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218
Add your commute
LISTING UPDATED: 05/17/2024 02:26 PM

Property Details for 2011 Oak Avenue

StatusPending
MLS #24-733
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1973
Lot Size0.22 AC / 9,583 SF
CountySanta Barbara County

Location

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

Building Information for 2011 Oak Avenue

Stories-Residences8Year Built1973Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$16,804 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,236

Property Taxes

$568

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2011 Oak Avenue

Details
Features
  • District: 20 - SB/WEST OF STATE
  • Property Type: B
  • Laundry: Laundry Room
Miscellaneous
  • Parking Spaces: 14
Location Info
Location Info
  • Tax Parcel Number: 049-092-016
  • LotLocation: Near Bus, Near Ocean, Near Park(s), Near School(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93101
Neighborhood/Schools
  • Elementary School: Adams
  • High School: San Marcos
  • Junior High School: LaCumbre
Property / Assessor Information
Property / Assessor Info
  • Condition: Good
  • Reports Available: Pest Inspection, Prelim, Roof
  • Realtorcom Type: Multi-Family
  • Total # Units: 8
Income / Expense Info
Income / Expense Info
  • Annual Income: $176,500
  • Total Monthly Income: $14,708
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 1
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 8
  • Unit 1Monthly Total: $14,708
  • Unit 1Rent: $14,708
Contract Info
Contract Info
  • Deposit: 3
  • List Price: $2,975,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 05-17-2024
  • Status: Pending

Property History for 2011 Oak Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2011 Oak Avenue

Taxable ValueLand$341,491Additions$296,082Total$637,573
Tax Record2023$6,814 ($568 / month)
Home Facts
Lot Size9,583 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN043-092-016

Schools near 2011 Oak Avenue

This home is within Santa Barbara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Adams Elementary School
PublicK to 6

La Cumbre Junior High School
Public7 to 8

San Marcos Senior High School
Public9 to 12

Santa Barbara Community Academy
PublicK to 6

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.