1107 E Cota Street, SANTA BARBARA, CA 93103
$3,200,000
Property Type:
Res Inc
Square Footage:
4,394
Status:
Closed
Current Price:
$3,200,000
List Date:
5/03/2022
Last Modified:
9/15/2024
Description
Nestled at the base of SB's famed Lower Riviera lies this exceptional investment opp consisting of 3 freestanding homes located just minutes to Downtown SB, SB's County Bowl, the Funk Zone, a wide arrange of shopping, & SB's white sand beaches. Constructed in 1999, each home consists of 3BD/2BA w/ an attached 2-car garage & range in size from 1300-1600 SF. Each home features its own laundry room, its own exclusive outdoor living space, & is separately metered for all utilities. Originally built to be condominiums, this offering represents a truly unique opp for a wide array of buyers, including owner occupants, apartment investors, 1031 exchange buyers employee housing buyers, &/or a value-add buyers interested in adding one ADU or converting the homes into condominiums.
More Information MLS# 22-1384
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P11
Cross Street: N Voluntario
Walk Score: 84
District: 15 - SB/EAST OF STATE
Street #: 1107
Dir: E
Street Name: Cota
Street Suffix: Street
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 031-190-032
Contract Info
Buyers Agent $/%: 2.25
Current Price: $3,200,000
Price: 3295000
Begin Date: 2022-05-03
Status: Closed
Property Information
Year Built: 1999
Apx Lot Size FxD: 10890
Main House SqFt: 4394
Recurring Fees: No
Number of Units: 3
Neighborhood/Schools
Elementary School: Franklin
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 98850
Remarks
COVID Showing Remarks: Please follow current COVID protocols.
Hot Sheet Comment: new
Condition
Excellent: 1
Foundation
Slab: 1
Raised: 1
Miscellaneous
Parking Spaces: 5
Proximity
Near Bus: 1
Near Ocean: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Unit 1
# Units: 1
# Bedrooms: 3
# Baths: 2
# Half Baths: 0
Furnished: N
Rent: 3700
M/M: 1
Monthly Total: 3700
Income/Expenses
Total Monthly Income: 11300
Annual Income: 135600
Actual: 1
Unit 2
# Units: 1
# Bedrooms: 3
# Baths: 2
Rent: 3700
M/M: 1
Monthly Total: 3700
Zoning
R-2: 1
Reports Available
TDS: 1
Home Inspection: 1
Pest Inspection: 1
Prelim: 1
Roof: 1
Terms
Cash: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 3
# Baths: 2
Rent: 3900
Lease: 1
Monthly Total: 3900
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Garage: 1
Outside: 1
Total # Garage Spaces: 6
Total # Unconvered Spaces: 1
Contingent Remarks
SUBJ 2 INSPECT: 1
Exchange
No: 1
Status Information
Sold Date: 2022-08-31
Sold Price: $3,200,000
Under Contract Date: 2022-05-14
NeighborhoodSchools
Neighborhood: 15 - Riviera/Lower
Property Features
Unit 1: M/M
Unit 2: M/M
Unit 3: Lease
Condition: Excellent
Foundation: Slab; Raised
Parking Info: Garage; Outside
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Zoning: R-2
Reports Available: TDS; Home Inspection; Pest Inspection; Prelim; Roof
Exchange: No
Terms: Cash
Listing Type: ER
Contingent Remarks: SUBJ 2 INSPECT
Listing Office:
Hayes Commercial Group
Last Updated: September - 15 - 2024
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