618 W Mission Street, SANTA BARBARA, CA 93101
$768,000
Property Type:
Res
Bedrooms:
3
Baths:
2
Square Footage:
1,115
Lot Size (sq. ft.):
3,920
Status:
Closed
Current Price:
$768,000
List Date:
4/14/2020
Last Modified:
5/29/2021
Description
Desirable California cottage plus guest house at a prime downtown location. Both cottages are thoroughly and tastefully remodeled with new kitchens, bathrooms, appliances and more. This is a wonderful rental investment opportunity, or if you prefer, a move-in ready home with a multipurpose living space that can be used for additional income to offset the mortgage. The main two-bed, one-bath home showcases refurbished original hardwood floors, a bright and open floor plan encompassing the kitchen, dining and living areas, with updated lighting and electrical. The one bedroom one bath guest cottage is a detached private space, superbly finished with vaulted ceilings. The main home has a projected income of $2800/mo while the guest cottage is $2000/mo with a total projected cap rate of 5.37%
More Information MLS# 20-1333
Location Info
District: 20 - SB/WEST OF STATE
Street #: 618
Dir: W
Street Name: Mission
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 043-092-008
Cross Street: Modoc
Contract Info
Current Price: $768,000
Price: 779000
Buyers Agent $/%: 2.5
Affordable Housing: No
Begin Date: 2020-04-14
Status: Closed
Status Information
Sold Date: 2020-09-25
Sold Price: $768,000
Under Contract Date: 2020-06-14
Property Information
TYP: Home/Estate
Total Bedrooms: 3
Total Bathrooms: 2
Total Full Baths: 2
Year Built: 1910
Total SqFt.: 1115
Source: Other/See Remarks
Main House SqFt: 704
Other Structures SqFt: 411
Apx # Acres: 0.09
Apx Lot SqFt: 3920
ADU: Yes
Within City Limits: Yes
Total #Units: 2
Recurring Fees: No
Neighborhood/Schools
Neighborhood: 20 - Westside
Elementary School: Harding
Junior High School: LaCumbre
High School: S.B. Sr.
Remarks
Directions: From the 101 frwy exit Mission St and head South. Property on the right side.
Hot Sheet Comment: price
Geo Lat: 34.424273
Geo Lon: -119.721781
Owner Info
Deposit: 3
Parking/Garage
Total # Uncovered Spaces: 2
Property Features
Condition: Excellent
Style: Cal. Cottage; Contemporary
Construction: Single Story; Outside Stairs
Roof: Composition
Exterior: Wood Siding; Stucco
Parking/Garage: Unc #2
Grounds/Landscaping: Fenced: BCK
Other Buildings: Second Residence
View: Setting
Location/Topo: Level
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping
Rooms: Ground Floor Bedroom; Ground Floor Primary
Dining: Dining Area
Laundry: In Unit
Amenities: Cathedral Ceilings; Dual Pane Window; Guest House; Remodeled Bath; Remodeled Kitchen; Second Residence
Appliances Included: Gas Range; Refrigerator
Flr/Wdw Coverings: Tile; Wood
Heating: Wall
Water/Sewer: S.B. Wtr
Pets: Yes
Occupancy: Occ All Ages
Zoning: R-3
Terms: Cash
Contingent Remarks: SUBJ 2 INSPECT
Documents
Features & Upgrades ›Listing Office: Keller Williams Realty Santa Barbara
Last Updated: May - 29 - 2021
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