245 Ellwood Beach Drive

Goleta, CA 93117

$1,650,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 245 Ellwood Beach Drive

StatusActive
MLS #19-1804
Year Built-
DOM155
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size-
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountySanta Barbara County

Listing Agent

Ken Switzer

Berkshire Hathaway Home Services California Properties

kenswitzer1@yahoo.com

P: (805) 969-5026

M: (805) 680-4622

DRE #01245644

Contact Agent(s)

Property Details for 245 Ellwood Beach Drive

MLS Neighborhood
30 - Ellwood/Santa Barbara Shores
Zoning
Other
Cross Street
Hollister
Recurring Fees
No

Description

Located in the heart of Goleta's booming technology corridor, this 4-unit building offers an upside investment opportunity in a very high rental demand area of well-paying employers. The unit mix of 1 x 3/2, 2 x 2/1.5, 1 x 1/1 is a desirable variety of floorplans, and mix of single-level and townhomes. The total living area is a substantial 3700+sf (per assessor), plus a large private patio for the 3-BR unit, smaller patios for the other units, and a 4-car carport + 5th space. Located within 2 miles... of many of the top local companies, and near to UCSB, Camino Real Marketplace, Bacara Resort and Pacific Ocean. Financials are actual only - room in the rents as-is, or invest further in a value-add upgrade supported by this tenant-rich location. Floorplan and Offering Memorandum in Documents

Location

Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Building Information for 245 Ellwood Beach Drive

Stories-Residences4Year Built-Building Size-Lot Size-

Payment Calculator

$5,935 per month

30 year fixed, 3.51% Interest

Principal and Interest

$5,935

Property Taxes

HOA Dues

$0

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Property Information for 245 Ellwood Beach Drive

Details
    Features
  • District: 30 - SB/GOL SOUTH
  • Property Type: B
  • Property Sub Type: ER
  • Laundry: Room
    Parking/Garage
  • Parking Info: Cpt #4,Unc #1
    Miscellaneous
  • Parking Spaces: 5
Location Info
    Location Info
  • Proximity: Near Bus, Near Park(s), Near School(s), Near Shopping
    Neighborhood/Schools
  • Elementary School: Ellwood
  • High School: Dos Pueblos
  • Junior High School: Gol Valley
Property / Assessor Information
    Property / Assessor Info
  • Condition: Good
  • Foundation: Slab
  • Total # Units: 4
  • Year Built: 0
    Utility Info
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
Income / Expense Info
    Income / Expense Info
  • Income/Expenses: Actual
  • Gross Rent Multiplier: 17.0
  • NOI: 55000
  • Annual Income: $97,200
  • Insurance: $1,400
  • Other Income: $100
  • Electric Expense: $400
  • Gas Expense: $1,200
  • Taxes: $18,300
  • Total Annual Exp: $42,000
  • Total Monthly Income: $8,000
  • Trash Expense: $2,400
  • Water Expense: $3,400
Unit Info
    Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 2
  • Unit 1Num Of Bedrooms: 3
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 1
  • Unit 1Monthly Total: $2,400
  • Unit 1Rent: $2,400
    Unit 2 Info
  • Unit 2Furnished: N
  • Unit 2Num Of Baths: 2
  • Unit 2Num Of Bedrooms: 2
  • Unit 2Num Of Half Baths: 1
  • Unit 2Num Of Units: 1
  • Unit 2Monthly Total: $2,100
  • Unit 2Rent: $2,100
    Unit 3 Info
  • Unit 3Furnished: N
  • Unit 3Num Of Baths: 2
  • Unit 3Num Of Bedrooms: 2
  • Unit 3Num Of Units: 1
  • Unit 3Monthly Total: $1,900
  • Unit 3Rent: $1,900
    Unit 4 Info
  • Unit 4Furnished: N
  • Unit 4Num Of Baths: 1
  • Unit 4Num Of Bedrooms: 1
  • Unit 4Num Of Units: 1
  • Unit 4Monthly Total: $1,600
  • Unit 4Rent: $1,600
Contract Info
    Contract Info
  • Deposit: 3
  • Terms: Cash, Ctnl

Property History for 245 Ellwood Beach Drive

DateEvent & SourcePriceAppreciation
May 22, 2019Listed (Active)

SBMLS #19-1804

$1,650,000
DateEvent & SourcePrice
05/22/2019
Listed (Active)

SBMLS #19-1804

$1,650,000

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

Schools near 245 Ellwood Beach Drive

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Ellwood Elementary SchoolPublicK-60.6 mi
6
Santa Barbara Montessori SchoolPrivatePK-90.7 mi
NR
Dos Pueblos Senior High SchoolPublic9-120.8 mi
8
Santa Barbara Charter SchoolCharterK-83.2 mi
7

Ellwood Elementary School

K-6, 0.6 mi, Public

6

Santa Barbara Montessori School

PK-9, 0.7 mi, Private

NR

Dos Pueblos Senior High School

9-12, 0.8 mi, Public

8

Santa Barbara Charter School

K-8, 3.2 mi, Charter

7

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.

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245 Ellwood Beach Drive is a multi-family home for sale in Goleta, CA 93117. This property was listed for sale on May 22, 2019 by Berkshire Hathaway Home Services California Properties at $1,650,000. Nearby schools include Ellwood Elementary School, La Cuesta Continuation High School and Open Alternative School. 245 Ellwood Beach Drive is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644
Based on information from the Santa Barbara MLS as of 05/22/2019 07:00 AM, 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, the Broker/Agent has not and may or may 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/04/2019 08:28 PM