1206 Coast Village Circle, SANTA BARBARA, CA 93108
$3,375,000
Property Type:
Commercial Sale
Baths:
4
Square Footage:
6,300
Lot Size (sq. ft.):
11,761
Status:
Closed
Current Price:
$3,375,000
List Date:
12/19/2014
Last Modified:
9/16/2024
Description
Multi-tenant poperty located in the heart of Montecito's ''lower village.'' Six office suites. Walking distance to many restaurants and amenities. Convenient access to the freeway. Owner/user or investor potential.
There is an existing loan in the amount of approximately $1,360,000 that buyer may apply to assume. The interest rate is 3.374%, on a 25 year amortization schedule, due in April 2018
More Information MLS# 14-3781
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: S12
Cross Street: Coast Village Road
District: 10 - MONTECITO
Street #: 1206
Street Name: Coast Village
Street Suffix: Circle
State: CA
Postal Code: 93108
County: Santa Barbara
Parcel Number: 009-291-009
Contract Info
Buyers Agent $/%: 2.5
Current Price: $3,375,000
Price: 3700000
Begin Date: 2014-12-19
Status: Closed
Property Information
For Sale/Lease: For Sale
#Offices: 6
Total Bathrooms: 4
Gross Sq Ft: 6300
Nt Rt Sq Ft.: 5948
Apx Lot SqFt: 11761
TYP: Business
Owner Info
Deposit: 100000
Remarks
Hot Sheet Comment: new
Condition
Good: 1
Business Info
# Pk/1000: 2.5
% Currently Leased: 55%
Sales/Lse BK: Sale
Heating
GFA: 1
Cooling
A/C Central: 1
Use
Medical Office: 1
Office: 1
Zoning
C-1: 1
Terms
Cash: 1
Other: 1
Listing Type
ER: 1
Owner Pays
Gas: 1
Wtr: 1
Taxes: 1
Trash: 1
Ext Main: 1
Tenant Pays
Heat: 1
Elec: 1
Gas: 1
Int Main: 1
Parking
Uncovrd: 1
Reservd: 1
Loan
Yes: 1
Contingent Remarks
LOAN APPROVAL: 1
Reports
Leases Copy: 1
Phase 1: 1
Status Change Info
Sold Date: 2015-04-10
Sold Price: $3,375,000
Under Contract Date: 2015-01-12
Property Features
Use: Medical Office; Office
Zoning: C-1
Condition: Good
Owner Pays: Gas; Wtr; Taxes; Trash; Ext Main
Tenant Pays: Heat; Elec; Gas; Int Main
Parking: Uncovrd; Reservd
Cooling: A/C Central
Heating: GFA
Loan: Yes
Reports: Leases Copy; Phase 1
Terms: Cash; Other
Listing Type: ER
Contingent Remarks: LOAN APPROVAL
Documents
Listing Office:
Santa Barbara Property Group
Last Updated: September - 16 - 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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