717 Cook Avenue

Santa Barbara, CA 93101

$1,235,000
Last Sold Price
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Description

This four-plex is a desirable bread & butter investment property. Cook Ave. is a one block long street on the Westside of Santa Barbara between Chino & San Andres Street. There are two units downstairs, & two units upstairs. Each level has a 2 bedroom, 1 bath apartment & a 1 bedroom, 1 bath apartment. There are four uncovered parking spaces behind the building. The driveway & parking were resurfaced with new asphalt in 2019. A laundromat is at the neighboring commercial plaza along with Foodland...This four-plex is a desirable bread & butter investment property. Cook Ave. is a one block long street on the Westside of Santa Barbara between Chino & San Andres Street. There are two units downstairs, & two units upstairs. Each level has a 2 bedroom, 1 bath apartment & a 1 bedroom, 1 bath apartment. There are four uncovered parking spaces behind the building. The driveway & parking were resurfaced with new asphalt in 2019. A laundromat is at the neighboring commercial plaza along with Foodland Grocery & other retail stores. Storage space below the stairs might be a space to improve if on-site laundry is desired. Stable tenants have resided here long term. Rents are currently low with little turnover or vacancy. Some units have been updated when repairs have been made. The location has convenient access to downtown Santa Barbara, schools, nearby shopping, restaurants, Cottage Hospital, and the freeway.
  1. Listed by Lynette M Naour • DRE #01035763 • Village Properties - 1

Property Details for 717 Cook Avenue

MLS Neighborhood
20 - Westside
Zoning
R-2
Cross Street
Chino
Recurring Fees
No

Location

Listing Courtesy of Village Properties - 1, Lynette M Naour, DRE #01035763

Sold By Christine Carter, Broker, Christine Carter, DRE #01921056

Add your commute
LISTING UPDATED: 04/06/2021 06:02 PM

Property Details for 717 Cook Avenue

StatusClosed
MLS #21-193
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size-
CountySanta Barbara County

Location

Listing Courtesy of Village Properties - 1, Lynette M Naour, DRE #01035763

Sold By Christine Carter, Broker, Christine Carter, DRE #01921056

Add your commute

Virtual Tour

Building Information for 717 Cook Avenue

Stories2Residences4Year Built1970Building Size-Lot Size-

Payment Calculator

$7,877 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,740

Property Taxes

$1,137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 717 Cook Avenue

Details
Features
  • UnBranded Virtual Tour: https://youtu.be/mr09W5wqF5k
  • Property Type: Multi-Family
  • Floor Window Coverings: Carpet, Tile, Vinyl, Wnd/Cv Prt
  • Laundry: None
  • Security: Smoke Detc
Parking/Garage
  • Parking Info: Unc #4,Uncovered
  • Total Unconvered Spaces: 4
Miscellaneous
  • Num Of Refrigerators: 4
  • Num Of Stoves: 4
  • Parking Spaces: 4
Location Info
Neighborhood/Schools
  • Elementary School: Harding
  • High School: S.B. Sr.
  • Junior High School: LaCumbre
Property / Assessor Information
Property / Assessor Info
  • Condition: Average
  • Foundation: Slab
  • Stories: 2
Utility Info
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
Income / Expense Info
Income / Expense Info
  • Income/Expenses: Actual
  • Capitalization Rate: 4.7
  • Gross Rent Multiplier: 16.8
  • Vac Factor: 0
  • Annual Income: $81,780
  • Insurance: $2,601
  • Maintenance Expense: $2,100
  • Taxes: $5,546
  • Total Annual Exp: $17,072
  • Total Monthly Exp: $1,423
  • Total Monthly Income: $6,815
  • Trash Expense: $1,375
  • Water Expense: $5,450
Unit Info
Unit 1 Info
  • Unit 1: M/M
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 1
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 1
  • Unit 1Monthly Total: $1,600
  • Unit 1Rent: $1,600
Unit 2 Info
  • Unit 2: M/M
  • Unit 2Furnished: N
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 2
  • Unit 2Num Of Half Baths: 0
  • Unit 2Num Of Units: 1
  • Unit 2Monthly Total: $1,845
  • Unit 2Rent: $1,845
Unit 3 Info
  • Unit 3: M/M
  • Unit 3Furnished: N
  • Unit 3Num Of Baths: 1
  • Unit 3Num Of Bedrooms: 1
  • Unit 3Num Of Half Baths: 0
  • Unit 3Num Of Units: 1
  • Unit 3Monthly Total: $1,525
  • Unit 3Rent: $1,525
Unit 4 Info
  • Unit 4: M/M
  • Unit 4Furnished: N
  • Unit 4Num Of Baths: 1
  • Unit 4Num Of Bedrooms: 2
  • Unit 4Num Of Half Baths: 0
  • Unit 4Num Of Units: 1
  • Unit 4Monthly Total: $1,845
  • Unit 4Rent: $1,845
Contract Info
Contract Info
  • Deposit: 3
  • Terms: Cash, Ctnl

Property History for 717 Cook 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 717 Cook Avenue

Taxable ValueLand$676,260Additions$608,634Total$1,284,894
Tax Record2023$13,647 ($1,137 / month)
Home Facts
Total Finished SqFt2,556 SqFtAbove Grade Finished SqFt2,556 SqFtLot Size5,227 SqFtStyleDuplexCountySANTA BARBARAAPN043-244-004

Schools near 717 Cook 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
Harding University Partnership
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.

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Listing Courtesy of Village Properties - 1, Lynette M Naour, DRE #01035763

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.