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1225-1229 Bath Street, SANTA BARBARA, CA 93101

$3,400,000
Property Type: Res Inc Square Footage: 3,500 Lot Size (sq. ft.): 18,295 Status: Closed
Current Price: $3,400,000 List Date: 1/19/2024 Last Modified: 11/08/2024

Overview

Description

EXCEPTIONAL DOWNTOWN SANTA BARBARA PORTFOLIO ASSET! 6-unit plus 3-unit property (9-units total) on separate/adjacent parcels. Early 1900's Craftsman multi-unit apartment house situated on approx. .25 acre + Craftsman tri-plex situated on approx. .17 acre (.42 flat acre combined) in a prime downtown Santa Barbara location. Parking accommodates approx. 10 vehicles. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, Inn/Hotel/Bed & Breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (4)1BD/1BA, (2)2BD/1BA, (3)Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown, The Public Market & SB Theatre District. >1225/1227 & 1229 Bath Street LP: $4,500,000

Listing Details MLS# 24-207

Location Info

District
20 - SB/WEST OF STATE
Street #
1225-1229
Street Name
Bath
Street Suffix
Street
State
CA
Country
US
Postal Code
93101
Compass Map
Santa Barbara
Map Grid
O12
County
Santa Barbara
Parcel Number
039-162-011
Cross Street
Victoria Street
Walk Score
91
Bike Score
96

Contract Info

Price
4500000
Begin Date
2024-01-18

Status Information

Sold Date
2024-11-07
Under Contract Date
2024-07-11

Property Information

Number of Units
9
Stories
2
Year Built
1930
Main House SqFt
3500
Other Structures SqFt
2000
Apx # Acres
0.42
Apx Lot SqFt
18295
Recurring Fees
No

NeighborhoodSchools

Neighborhood
15 or 20 - Downtown

Remarks

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

More Information

Owner Info

Deposit
3

Unit 1

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

Unit 2

# Units
3
# Bedrooms
4
# Baths
3
Rent
7100
Monthly Total
7100

Parking Info

Total # Unconvered Spaces
10
Outside
Yes

Neighborhood/Schools

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

Condition

Fair
Yes

Foundation

Mixed
Yes

Proximity

Near Bus
Yes
Near Hospital
Yes
Near Ocean
Yes
Near Park(s)
Yes
Near School(s)
Yes
Near Shopping
Yes

Laundry

Laundry Room
Yes

Amenities

Deck
Yes
Gas Stove
Yes
Microwave
Yes
Washer
Yes
Dryer
Yes
Refrigerator
Yes
Insul Prt
Yes
Fncd Prt
Yes

Income/Expenses

Total Monthly Income
21650
Annual Income
259800

Security

Smoke Detector(s)
Yes

Heating

Heat Other
Yes

Pets

Yes
Yes

Handicapped Access

Other
Yes

Zoning

R-4
Yes
Other
Yes

Reports Available

TDS
Yes
Prelim
Yes
NHD
Yes
Other
Yes

Terms

Cash
Yes
OTHER/CLA
Yes

Listing Type

ER
Yes

Flr/Wdw Coverings

Hardwood
Yes
Other
Yes

Pub Listing Details

None
Yes

Contingent Remarks

CONTACT AGENT
Yes
SUBJ 2 INSPECT
Yes

Owner Provides

Water
Yes
Trash
Yes
Other
Yes

Exchange

Yes
Yes

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
IDX
Listing Office: Compass
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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