38 N SANTA BARBARA, Mesa, AZ 85201

$261,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Closed
Current Price: $261,000 Last Modified: 9/10/2026

Overview

Description

38 N Santa Barbara is just one of the three fourplexes available! All three must close together (38-44-48 N Santa Barbara). Three identical fourplexes side by side! Excellent for combining maintenance & management endeavors. Just steps away from the Light Rail Station too! Great freeway access! Perfect for ASU students! All 2 bedroom units! Buyer to verify all items during the due diligence period.

Listing Details MLS# 5510700

Location, Tax & Legal

Map Code/Grid
R38
House Number
38
Compass
N
Street Name
SANTA BARBARA
St Suffix
--
City/Town Code
Mesa
State/Province
AZ
Zip Code
85201
Zip4
6869
Country
US
County Code
Maricopa
Subdivision
SAN CLEMENTE ADD TO MESA
Assessor Number
135-47-068
Tax Year
2015
Assessor's Map #
47
Legal Description (Abbrev)
SAN CLEMENTE
Assessor's Parcel #
68
Add'l Parcels
Yes
Tax Municipality
Mesa
Census Tract
421303
Taxes
1305
Legal
SAN CLEMENTE
Marketing Name
Santa Barbara 4 Plexes

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irr
Year Built
1985
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
Yes
Zoning
Multi
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
Apache & Loop 101
Directions
East to Santa Barbara, North to property on West side of street.

Status Change Info

Off Market Date
2016-12-24
Under Contract Date
2016-11-03
Close of Escrow Date
2016-12-23

Legal Info

Township
1N
Range
5E
Section
19
Lot Number
66

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
598
Avg SqFt
863
# Baths
Yes

Structure

Bedrooms Total
8
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
28716
Net Operating Income
18463

Contact Info

List Agent Home Phn
602-265-6617

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1250
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
1998
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
3627
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
27280.2

Pmt & Rate Info

Cap Rate
6.62
Down Payment
0
Equity
279000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Electric
Yes
Individual
Yes

Cooling

Electric
Yes
Heat Pump
Yes
Individual
Yes

Exterior Amenities

Desert Landscaping
Yes
Partially Fenced
Yes
Cable TV Available
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes
Paved
Yes

Electric

APS
Yes
SRP
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
No Carry
Yes

Existing 1st Loan

Conventional
Yes
Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property Community Features: No Pool Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator Heating: Individual; Heat Pump Cooling: Electric; Heat Pump; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS; SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Projected Proforma Existing 1st Loan: Conventional; Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; No Carry Environmental: None
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: September - 10 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.