Property · 2 recorded sales since 2015
Listing Agent: Brian Johnson (DRE #01361925) · Listing Office: Marcus & Millichap · Contact: (805) 351-8796 · Bought with: Non Member · Non Member Office · MLS #V0-215003276 · Source: CRMLS
26 unit apartment complex located in the heart of Old Town Goleta. This property has been under the same ownership for over 40 years.The property is well positioned, just off of Hollister Avenue, the main thoroughfare in Goleta. The property sits between Kellogg and Fairview Avenue. The property is a single story complex that features cottage style units, laundry room, on site parking and good storage. Convenient to Highway 101, shopping, dining and many other businesses this property has always enjoyed long term tenants. Residents enjoy easy access to the public transportation as there are numerous MTD stops along Hollister Avenue. This is an ideal situation for an investor who is seeking a property with upside potential in the rents and the opportunity to own a property that has historically featured very low turnover and strong demand. The property is a Trust sale and is to be sold As Is.
Listing description from the September 2015 sale, as reported to CRMLS.