1115 Garden Street, SANTA BARBARA, CA 93101
$4,563,000
Property Type:
Res Inc
Square Footage:
4,350
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$4,563,000
List Date:
1/16/2021
Last Modified:
9/15/2024
Description
Brand new Apartment Building located in the heart of the charming and peaceful El Pueblo District. Short stroll to the historic Santa Barbara Courthouse and Sunken Garden and many other historic sites. Walk, bike or enjoy easy access to all in-town transportation including the Santa Barbara Trolley and Pedi-cabs for a quick ride to the beach, pier and zoo. Just 2 short blocks to some of downtown Santa Barbara's finest cafes, eateries, fine shops, galleries, museums, theaters and restaurant, Showing subject to accepted contract, See attached document for floor plans.
One seller is a real estate Broker.
More Information MLS# 21-173
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: Figueroa St.
District: 15 - SB/EAST OF STATE
Street #: 1115
Street Name: Garden
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 029-162-013
Contract Info
Buyers Agent $/%: 2.5
Current Price: $4,563,000
Price: 4722000
Begin Date: 2021-01-16
Status: Closed
Property Information
Year Built: 2019
Apx # Acres: 0.12
Main House SqFt: 4350
Recurring Fees: No
Number of Units: 4
Neighborhood/Schools
Elementary School: Other
Junior High School: Other
High School: Other
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: price
Condition
Excellent: 1
Miscellaneous
Parking Spaces: 5
# Refrigerators: 5
Proximity
Near Bus: 1
Near Park(s): 1
Near Shopping: 1
Laundry
In Unit: 1
Amenities
Fire Spkl: 1
Patio: 1
Gas Stove: 1
Dishwasher: 1
Microwave: 1
Washer: 1
Dryer: 1
Refrigerator: 1
Unit 1
# Units: 1
# Bedrooms: 4
# Baths: 4
# Half Baths: 0
Furnished: N
Rent: 7950
Lease: 1
Monthly Total: 7950
Income/Expenses
Total Monthly Income: 18739
Annual Income: 224868
Gross Rent Multiplr: 21
Capitalization Rate: 3.93
Actual: 1
Vac Factor: 0
Taxes: 2500
Insurance: 183
Water Expense: 225
Electric Expense: 80
Gas Expense: 40
Trash Expense: 60
Maintenance Expense: 150
Total Monthly Exp: 3238
Total Annual Exp: 38856
NOI: 186012
Heating
Elec: 1
Cooling
A/C Central: 1
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 2
Rent: 3800
Lease: 1
Monthly Total: 3800
Zoning
CLA: 1
Terms
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 2
# Baths: 2
Rent: 3745
Lease: 1
Monthly Total: 3745
Unit 4
# Units: 2
# Bedrooms: 2
Rent: 3250
Lease: 1
Monthly Total: 3250
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Other: 1
Total # Garage Spaces: 5
Pub Listing Details
Owner is Licensee: 1
Owner Provides
Trash: 1
Exchange
Poss: 1
Status Information
Sold Date: 2022-01-20
Sold Price: $4,563,000
Under Contract Date: 2021-10-11
Property Features
Unit 1: Lease
Unit 2: Lease
Unit 3: Lease
Unit 4: Lease
Condition: Excellent
Parking Info: Other
Proximity: Near Bus; Near Park(s); Near Shopping
Laundry: In Unit
Amenities: Patio; Gas Stove; Dishwasher; Microwave; Washer; Dryer; Refrigerator; Fire Spkl
Cooling: A/C Central
Heating: Elec
Owner Provides: Trash
Zoning: CLA
Exchange: Poss
Terms: Conventional
Listing Type: ER
Pub Listing Details: Owner is Licensee
Documents
Listing Office:
Ryan Real Estate & Development Inc.
Last Updated: September - 15 - 2024
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers.
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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