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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
Listing Office: Santa Barbara Property Group
IDX
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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