948 Camino Del Sur, GOLETA
GOLETA Home For Sale
6% Cap Rate on current rents with 30% expenses and accounting for a 7% management fee. Centrally located between the University of Santa Barbara and the popular Sands Beach. The houses feature ten (10) bedrooms and six (6) full bathrooms total, a large front yard, and ample parking. All three houses have new roofs and windows throughout. The original structure consists of the two houses sitting in the back of the lot while the new house in the front was added as an ADU in September 2023. Current rent income totals $22,920/month and the property is completely pre-lease for the 24- 25 school year.
Property Details
Additional Information
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- City:
- GOLETA
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- County:
- Santa Barbara
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- Zip:
- 93117
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- MLS® #:
- 24-1155
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- Lot Size:
- 0.23
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- Neighborhood:
- 30 - SB/GOL SOUTH
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Listing information last updated on May 2nd, 2024 at 12:00am PDT.