948 Camino Del Sur

Goleta, CA 93117

$3,200,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

100% Leased for 2024/2025 School Year! Wonderfully maintained and updated student housing asset in the heart of Isla Vista consisting of three separate structures. This asset is only a short walk to the beach and IV's popular eateries while being blocks away from UCSB's campus. Nestled conveniently on the corner of Camino Del Sur and Pasado Road, these houses offer a combined ten bedrooms and six full baths. Tenants enjoy the convenience of off street parking and a private front yard. The property...100% Leased for 2024/2025 School Year! Wonderfully maintained and updated student housing asset in the heart of Isla Vista consisting of three separate structures. This asset is only a short walk to the beach and IV's popular eateries while being blocks away from UCSB's campus. Nestled conveniently on the corner of Camino Del Sur and Pasado Road, these houses offer a combined ten bedrooms and six full baths. Tenants enjoy the convenience of off street parking and a private front yard. The property has recently been outfitted with new roofs and windows. The original structure includes two houses positioned at the rear of the lot, while a new front house, added as an ADU in September 2023, completes the trio.
  1. Listed by Steven J Golis • DRE #00772218 • Radius Group Commercial R.E.

Property Details for 948 Camino Del Sur

Zoning
Other
Cross Street
Pasado
Recurring Fees
No

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218
Add your commute
LISTING UPDATED: 05/21/2024 06:54 PM

Property Details for 948 Camino Del Sur

StatusActive
MLS #24-1651
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1960
Lot Size0.23 AC / 10,018 SF
CountySanta Barbara County

Location

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

Building Information for 948 Camino Del Sur

Stories-Residences3Year Built1960Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$18,099 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$635

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 948 Camino Del Sur

Details
Features
  • District: 30 - SB/GOL SOUTH
  • Property Type: B
Location Info
Location Info
  • Tax Parcel Number: 075-102-024
  • City: GOLETA
  • County: Santa Barbara
  • Postal Code: 93117
Neighborhood/Schools
  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Junior High School: Other
Property / Assessor Information
Property / Assessor Info
  • Realtorcom Type: Multi-Family
  • Total # Units: 3
Income / Expense Info
Income / Expense Info
  • Capitalization Rate: 6.14
  • NOI: 196,420
  • Total Monthly Income: $275,040
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 3
  • Unit 1Num Of Bedrooms: 5
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 1
  • Unit 1Monthly Total: $9,650
  • Unit 1Rent: $9,650
Unit 2 Info
  • Unit 2Num Of Baths: 2
  • Unit 2Num Of Bedrooms: 3
  • Unit 2Num Of Units: 2
  • Unit 2Monthly Total: $7,920
Unit 3 Info
  • Unit 3Num Of Bedrooms: 3
  • Unit 3Num Of Units: 3
  • Unit 3Monthly Total: $5,350
Contract Info
Contract Info
  • Deposit: 3
  • List Price: $3,200,000.00
  • Terms: Cash, Ctnl
  • Status: Active

Property History for 948 Camino Del Sur

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 948 Camino Del Sur

Taxable ValueLand$369,315Additions$184,651Total$553,966
Tax Record2023$7,625 ($635 / month)
Home Facts
Lot Size10,018 SqFtStyleDuplexYear Built1960CountySANTA BARBARAAPN075-102-024

Schools near 948 Camino Del Sur

This home is within Goleta Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Isla Vista Elementary School
PublicK to 6

Goleta Valley Junior High School
Public7 to 8

Dos Pueblos Senior High School
Public9 to 12

Santa Barbara Charter School
CharterK to 8

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

948 Camino Del Sur is a multi-family home for sale in Goleta, CA 93117. This property was listed for sale on May 21, 2024 by Radius Group Commercial R.E., it's currently listed at $3,200,000. It has been on the market for a total of 28 days and was last sold on August 19, 1999. This listing's school districts are Goleta Union Elementary School District, Santa Barbara Unified School District. Nearby schools include Isla Vista Elementary School, Goleta Valley Junior High School and Dos Pueblos Senior High School. 948 Camino Del Sur is a 0-bed, 0-bath, multi-family home built in 1960.

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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.