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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

Overview

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.

Listing Details MLS# 21-173

Location Info

District
15 - SB/EAST OF STATE
Street #
1115
Street Name
Garden
Street Suffix
Street
State
CA
Country
US
Postal Code
93101
Compass Map
Santa Barbara
Map Grid
O12
County
Santa Barbara
Parcel Number
029-162-013
Cross Street
Figueroa St.

Contract Info

Price
4722000
Buyers Agent $/%
2.5
Begin Date
2021-01-16

Status Information

Sold Date
2022-01-20
Under Contract Date
2021-10-11

Property Information

Number of Units
4
Year Built
2019
Main House SqFt
4350
Apx # Acres
0.12
Recurring Fees
No

Remarks

Hot Sheet Comment
price

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
5
# Refrigerators
5

Unit 1

# Units
Yes
# Bedrooms
4
# Baths
4
Furnished
N
Rent
7950
Monthly Total
7950
# Half Baths
0
Lease
Yes

Unit 2

# Units
Yes
# Bedrooms
2
# Baths
2
Rent
3800
Monthly Total
3800
Lease
Yes

Unit 3

# Units
Yes
# Bedrooms
2
# Baths
2
Rent
3745
Monthly Total
3745
Lease
Yes

Unit 4

# Units
2
# Bedrooms
2
Rent
3250
Monthly Total
3250
Lease
Yes

Meters

Sep Meter Wtr
Y
Sep Meter Elec
Y
Sep Meter Gas
Yes

Parking Info

Total # Garage Spaces
5
Other
Yes

Neighborhood/Schools

Elementary School
Other
Junior High School
Other
High School
Other

Condition

Excellent
Yes

Proximity

Near Bus
Yes
Near Park(s)
Yes
Near Shopping
Yes

Laundry

In Unit
Yes

Amenities

Fire Spkl
Yes
Patio
Yes
Gas Stove
Yes
Dishwasher
Yes
Microwave
Yes
Washer
Yes
Dryer
Yes
Refrigerator
Yes

Income/Expenses

Total Monthly Income
18739
Annual Income
224868
Gross Rent Multiplr
21
Capitalization Rate
3.93
Actual
Yes
Vac Factor
No
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
Yes

Cooling

A/C Central
Yes

Zoning

CLA
Yes

Terms

Conventional
Yes

Listing Type

ER
Yes

Pub Listing Details

Owner is Licensee
Yes

Owner Provides

Trash
Yes

Exchange

Poss
Yes

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

IDX
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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