125 Greenwell Ave | Summerland, CA 93067
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- LoopNet Team
125 Greenwell Ave
Summerland, CA 93067
Coastal Zoned Asset in California Beach Town · Multifamily Property For Sale
·
10 Units
Investment Highlights
- First time on market in 32 years
- 3.01% Current CAP · 3.50% AB1482
- Superior location on the California coast just south of Santa Barbara and Montecito and just north of Carpinteria along the US 101 Freeway
- 10-Unit Coastal Zoned Apartment Asset Located in Sunny Beach Town South of Santa Barbara
- Seller to carry papers with excellent terms
Property Facts
| No. Units | 10 | Lot Size | 0.47 AC |
| Property Type | Multifamily | Building Size | 6,654 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1976 |
| Building Class | C | ||
| Zoning | Coastal Zoned | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 6,654 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Zoning | Coastal Zoned |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 005-204-048 | Improvements Assessment | $3,912,480 |
| Land Assessment | $1,560,600 | Total Assessment | $5,473,080 |
Property Taxes
Parcel Number
005-204-048
Land Assessment
$1,560,600
Improvements Assessment
$3,912,480
Total Assessment
$5,473,080
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