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1225/1227 Bath Street, SANTA BARBARA, CA 93101

$2,000,000
Property Type: Res Inc Square Footage: 3,500 Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $2,000,000 List Date: 1/30/2024 Last Modified: 11/08/2024

Description

INCREDIBLE DOWNTOWN SB MULTI-UNIT INVESTMENT OPPORTUNITY. Early 1900's Craftsman 6-unit apartment house situated on approximately .25 acre in a prime downtown Santa Barbara location. Versatile R-MH zoning offers potential for multi-unit apartments/condominiums, hotel/bed & breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (2)1BD/1BA, (1)2BD/1BA, (3)Studio. Walking distance to Downtown/State Street, The Public Market & SB Theatre District. Offered individually or together with adjacent property (1229 Bath Street). Do not go on property without an appointment.

More Information MLS# 24-325

Location Info

Country: US Compass Map: Santa Barbara Map Grid: O12 Cross Street: Victoria Street Walk Score: 91 Bike Score: 96 District: 20 - SB/WEST OF STATE Street #: 1225/1227 Street Name: Bath Street Suffix: Street State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 039-162-011

Property Information

Year Built: 1905 Stories: 2 Apx Lot SqFt: 10890 Apx # Acres: 0.25 Main House SqFt: 3500 Recurring Fees: No Number of Units: 6

Neighborhood/Schools

Elementary School: Peabody Junior High School: LaCumbre High School: S.B. Sr.

Owner Info

Deposit: 3

Remarks

COVID Showing Remarks: Do not show if you or your client are feeling sick/unwell. Hot Sheet Comment: price

Condition

Fair: 1

Foundation

Mixed: 1

Proximity

Near Bus: 1 Near Hospital: 1 Near Ocean: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1

Laundry

Laundry Room: 1

Amenities

Deck: 1 Gas Stove: 1 Microwave: 1 Washer: 1 Dryer: 1 Refrigerator: 1 Insul Prt: 1 Fncd Prt: 1

Unit 1

# Units: 6 # Bedrooms: 7 # Baths: 6 # Half Baths: 0 Furnished: N Rent: 14550 Monthly Total: 14550

Income/Expenses

Total Monthly Income: 14550 Annual Income: 174600

Security

Smoke Detector(s): 1

Heating

Heat Other: 1

Pets

Yes: 1

Handicapped Access

Other: 1

Zoning

R-4: 1 Other: 1

Reports Available

TDS: 1 Prelim: 1 NHD: 1 Other: 1

Terms

Cash: 1 OTHER/CLA: 1

Listing Type

ER: 1

Parking Info

Outside: 1 Total # Unconvered Spaces: 10

Flr/Wdw Coverings

Hardwood: 1 Other: 1

Pub Listing Details

None: 1

Contingent Remarks

CONTACT AGENT: 1 SUBJ 2 INSPECT: 1

Owner Provides

Water: 1 Trash: 1 Other: 1

Exchange

Yes: 1

Contract Info

Current Price: $2,000,000 Price: 2800000 Begin Date: 2024-01-30 Status: Closed

Status Information

Sold Date: 2024-11-07 Sold Price: $2,000,000 Under Contract Date: 2024-07-11

NeighborhoodSchools

Neighborhood: 15 or 20 - Downtown

Property Features

Condition: Fair Foundation: Mixed Parking Info: Outside Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Amenities: Deck; Gas Stove; Microwave; Washer; Dryer; Refrigerator; Insul Prt; Fncd Prt Security: Smoke Detector(s) Heating: Heat Other Pets: Yes Handicapped Access: Other Owner Provides: Water; Trash; Other Zoning: R-4; Other Reports Available: TDS; Prelim; NHD; Other Exchange: Yes Terms: Cash; OTHER/CLA Listing Type: ER Pub Listing Details: None Contingent Remarks: CONTACT AGENT; SUBJ 2 INSPECT
Listing Office: Compass
IDX
Last Updated: November - 08 - 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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