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
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
More Information MLS# 24-207
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 #: 1225-1229
Street Name: Bath
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 039-162-011
Property Information
Year Built: 1930
Stories: 2
Apx Lot SqFt: 18295
Apx # Acres: 0.42
Main House SqFt: 3500
Other Structures SqFt: 2000
Recurring Fees: No
Number of Units: 9
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: 21650
Annual Income: 259800
Security
Smoke Detector(s): 1
Heating
Heat Other: 1
Pets
Yes: 1
Handicapped Access
Other: 1
Unit 2
# Units: 3
# Bedrooms: 4
# Baths: 3
Rent: 7100
Monthly Total: 7100
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: $3,400,000
Price: 4500000
Begin Date: 2024-01-18
Status: Closed
Status Information
Sold Date: 2024-11-07
Sold Price: $3,400,000
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
NHD Report ›
Listing Office:
Compass
Last Updated: November - 08 - 2024
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