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1206 Coast Village Circle, SANTA BARBARA, CA 93108

$3,375,000
Property Type: Comm/Ofc 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: 4/18/2019

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

District: 10 - MONTECITO Street #: 1206 Street Name: Coast Village Street Suffix: Circle State/Province: CA 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

Current Price: $3,375,000 Price: 3700000 Buyers Agent $/%: 2.5 Begin Date: 2014-12-19 Status: Closed

Property Information

TYP: Commercial 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 Sold Price: $3,375,000 Under Contract Date: 2015-01-12

Business Info

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

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 Heating/Cooling: GFA; A/C Central Loan: Yes Reports: Leases Copy; Phase 1 Terms: Cash; Other Listing Type: ER Contingent Remarks: LOAN APPROVAL
Listing Office: Santa Barbara Property Group
Last Updated: April - 18 - 2019
1206 Coast Village Circle, SANTA BARBARA, CA 93108- MLS# 14-3781
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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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