1206 Coast Village Circle, SANTA BARBARA, CA 93108 (MLS# 14-3781)

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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

Overview

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

Listing Details MLS# 14-3781

Location Info

District: 10 - MONTECITO
Street #: 1206
Street Name: Coast Village
Street Suffix: Circle
State: CA
Country: US
Postal Code: 93108
Compass Map: Santa Barbara
Map Grid: S12
County: Santa Barbara
Parcel Number: 009-291-009
Cross Street: Coast Village Road

Contract Info

Price: 3700000
Buyers Agent $/%: 2.5
Begin Date: 2014-12-19

Property Information

TYP: Business
For Sale/Lease: For Sale
#Offices: 6
Total Bathrooms: 4
Gross Sq Ft: 6300
Nt Rt Sq Ft.: 5948
Apx Lot SqFt: 11761

Owner Info

Deposit: 100000

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2015-04-10
Under Contract Date: 2015-01-12

More Information

Business Info

# Pk/1000: 2.5
% Currently Leased: 55%
Sales/Lse BK: Sale

Condition

Good: Yes

Heating

GFA: Yes

Cooling

A/C Central: Yes

Use

Medical Office: Yes
Office: Yes

Zoning

C-1: Yes

Terms

Cash: Yes
Other: Yes

Listing Type

ER: Yes

Owner Pays

Gas: Yes
Wtr: Yes
Taxes: Yes
Trash: Yes
Ext Main: Yes

Tenant Pays

Heat: Yes
Elec: Yes
Gas: Yes
Int Main: Yes

Parking

Uncovrd: Yes
Reservd: Yes

Loan

Yes: Yes

Contingent Remarks

LOAN APPROVAL: Yes

Reports

Leases Copy: Yes
Phase 1: Yes

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

Floor Plans & Site Plan ›

Listing Office: Santa Barbara Property Group

Last Updated: September - 16 - 2024

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