948 Camino Del Sur, Goleta, CA 93117
FOR SALE

948 Camino Del Sur
Goleta, CA 93117

  • Studio
  • 2,906 sqft
  • Studio
  • 2,906 sqft

$3,200,000

Est. Mortgage $19,977/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$1,101
Listed
15 days ago

Home Details for 948 Camino Del Sur

Interior Features

Dimensions and Layout
Living Area: 2906 Square Feet
Appliances & Utilities
Laundry: Other
Heating & Cooling
Heating: OtherHas HeatingHeating Fuel: Other
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Wood/Laminate
Levels, Entrance, & Accessibility
Floors: Carpet, Wood Laminate
View
No View

Exterior Features

Exterior Home Features
Fencing: Fenced
Parking & Garage
No Garage

Days on Market

Days on Market: 15

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Single Family Residence
Property Information
Condition: ExcellentParcel Number: 075102024

Price & Status

Price
List Price: $3,200,000Price Per Sqft: $1,101

Active Status

MLS Status: Active

Location

Direction & Address
City: GOLETACommunity: Other
School Information
Elementary School: Isla VistaJr High / Middle School: Gol ValleyHigh School: Dos Pueblos

Agent Information

Listing Agent
Listing ID: 24-1155

HOA

No HOA

Lot Information

Lot Area: 10018 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-1155
Last check for updates: 1 day ago
Listing courtesy of Robert Hambleton 01858350, (805) 455-4003
Radius Group Commercial R.E.
Amine Chebouli 02224613, (949) 310-1274
Link Brokerages,Inc.
Source: SBMLS, MLS#24-1155

Price History for 948 Camino Del Sur

DatePriceEventSource
04/15/2024$3,200,000Listed For SaleSBMLS #24-1155
04/14/2024ListingRemovedSBMLS #23-3429
11/14/2023$3,750,000Listed For SaleSBMLS #23-3429
08/19/1999$375,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$7,625
Assessment$553,966
Home facts updated by county records

Comparable Sales for 948 Camino Del Sur

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$2,650,000
09/01/23
-
2,109
0.14
Single-Family Home
$1,600,000
06/21/23
-
1,792
0.08
Single-Family Home
$2,700,000
04/29/24
-
3,439
0.59
Single-Family Home
$1,370,000
10/12/23
3
3
-
1.30
Single-Family Home
$1,461,000
10/06/23
3
2
1,802
0.76
Single-Family Home
$1,534,000
10/30/23
4
3
1,733
0.78
Single-Family Home
$1,800,000
01/05/24
5
3
-
0.93
Single-Family Home
$2,468,000
11/01/23
-
-
0.84
Single-Family Home
$2,100,000
03/20/24
5
3
-

What Locals Say about Goleta

  • Chinahansen
    "Easy commute. I take back roads and can get all we need in Goleta. Roads have few cars. It’s peaceful out here. "
    5
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  • Ivette.martinez
    "I have lived here for over 20 years and love it. I feel extremely safe and it is a good area to raise children"
    2
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  • Katrina9115
    "Safe and quiet neighborhood. Insurance went down because of the area. More parking and plazas than Santa Barbara "
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  • Julia W.
    "Kids friendly and nice neighbours. Close to beach, school and grocery stores. Great bike paths and side walks, easy to move around safely without a car if you feel like it."
    2
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  • Alison K.
    "Pretty safe area. Kids can bike to school. Lots of elderly people and it’s quiet. Good place for dogs. Kids are happy people walking and enjoying themselves "
    3
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  • Alice
    "great area to live and buy a family home. been up here for a year and I love it. the weather is good too and the air is fresh"
    0
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  • Mariajosem
    "8 minutes on the highway if no traffic or you can take cathedral oaks to avoid the traffic during rush hour"
    1
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  • Alison K.
    "Yes - I live near a dog park great place to have a dog. If you can afford it - super pricy place to live. Lots of dogs -few chickens - cats.. no roosters. Streams with frogs and poison oak. Lots of dogs to play with. "
    2
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  • Nathan P.
    "Dog owners would like that there are dog parks to go to and they would not like that the raccoons here will bear claw at your dog in a fight. "
    2
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  • Myerslaura2013
    "Dog are welcome in Goleta - it is hard to find apartments that take dogs. I love living here even if the cost of living here is way too expensive for a single mom. "
    0
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  • Karrinne G.
    "This neighborhood is high priced and not friendly at all. It has some pluses and mi uses. I’m moving "
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  • Karrinne G.
    "I’ve lived in this neighborhood for 2 years most people are not friendly or welcoming. It’s noisy and lots of pollen in the air. It’s priced too high and not worth it. "
    0
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  • Karrinne G.
    "I don’t commute but to my sons school in the morning and there is a little traffic. Good access to public transportation. "
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  • Stephanie B.
    "A safe neighborhood and great for families. It’s close to al community events, both in Goleta and in Santa Barbara."
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  • Mjsimonsen1
    "I love Goleta. I am new to the area. I am just here for a short time but the area is beautiful the sands beach is stunning. "
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  • Buenaboricua
    "It’s brand new. People are friendly and willing to help each other out. There are a lot of kids out playing which shows our community is safe. "
    2
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  • Clintearle
    "tidy houses, caring neighbors, clean areas, low crime, good schools. a lot of people are original owners and still live here"
    0
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  • Bpassani
    "Great up and coming neighborhood for young families. So easy to get around and park. Lots of parks and open spaces."
    0
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  • Jorge C.
    "It’s a street where people can walk and not worry about traffic, the street is a cul the sack! Neighbors are interested I keeping it clean and safe!!"
    0
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  • Mifresse
    "I have lived in Goleta for over 5 years and I totally love it!! You have a little bit of everything in this town....plus people in general are extremely nice and friendly. Thanks"
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LGBTQ Local Legal Protections

Robert Hambleton, Radius Group Commercial R.E.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
948 Camino Del Sur, Goleta, CA 93117 is a studio, 2,906 sqft single-family home built in 1960. This property is currently available for sale and was listed by SBMLS on Apr 15, 2024. The MLS # for this home is MLS# 24-1155.