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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

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.
IDX
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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