133 Chapala Street, SANTA BARBARA, CA 93101 (MLS# 24-1741)

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133 Chapala Street, SANTA BARBARA, CA 93101

$3,360,000

Property Type: Res Inc Square Footage: 3,011 Lot Size (sq. ft.): 4,356 Status: Closed

Current Price: $3,360,000 List Date: 5/29/2024 Last Modified: 9/15/2024

Overview

Description

Four-unit asset in Santa Barbara's West Beach neighborhood! In an approx. 3,011 square foot building, 4 spacious 1BR/1BA units average 679 square feet each. One unit leased through 4/25 at market rent; three units vacant. All units have hardwood floors and vintage tile accents, while one unit boasts in-unit laundry. Common laundry/utility room and three one-car garages. Zoned R-4 / S-D-3 in the Coastal Zone on a 4,356 square-foot lot, this property presents a rare investment or owner-user opportunity. Three blocks from the Waterfront with access to beach, bike path, Stearns Wharf, the Harbor, Shoreline Park, State Street and the Funk Zone. Nearby SBCC, downtown businesses and local tourist attractions enhance rental potential.

Listing Details MLS# 24-1741

Location Info

District: 20 - SB/WEST OF STATE
Street #: 133
Street Name: Chapala
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P13
County: Santa Barbara
Parcel Number: 033-072-006
Cross Street: W Yanonali St

Contract Info

Price: 2995000
Buyers Agent $/%: 2.5
Begin Date: 2024-05-29

Status Information

Sold Date: 2024-06-12
Under Contract Date: 2024-06-02

Property Information

Number of Units: 4
Year Built: 1950
Main House SqFt: 3011
Apx Lot SqFt: 4356
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Miscellaneous

# Refrigerators: 5
# Stoves: 4

Unit 1

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Furnished: N
Rent: 3050
Monthly Total: 3050
# Half Baths: 0

Unit 2

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 3850
Monthly Total: 3850

Unit 3

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 3355
Monthly Total: 3355
Lease: Yes

Unit 4

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 4400
Monthly Total: 4400

Meters

Sep Meter Wtr: N
Sep Meter Elec: Y
Sep Meter Gas: Yes

Parking Info

Total # Garage Spaces: 3
Garage: Yes

Neighborhood/Schools

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

Condition

Good: Yes

Foundation

Raised: Yes

Proximity

Near Bus: Yes
Near Ocean: Yes
Near Park(s): Yes
Near Shopping: Yes

Laundry

In Unit: Yes
Laundry Room: Yes

Amenities

Patio: Yes
Gas Stove: Yes
Refrigerator: Yes
Fncd Back: Yes

Security

Smoke Detector(s): Yes

Heating

Wall: Yes
GFA: Yes

Zoning

R-4: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Flr/Wdw Coverings

Hardwood: Yes
Tile: Yes
Wnd/Cv Prt: Yes

Owner Provides

Water: Yes

Property Features

Unit 3: Lease Condition: Good Foundation: Raised Parking Info: Garage Proximity: Near Bus; Near Ocean; Near Park(s); Near Shopping Laundry: In Unit; Laundry Room Amenities: Patio; Gas Stove; Refrigerator; Fncd Back Security: Smoke Detector(s) Heating: GFA; Wall Owner Provides: Water Zoning: R-4 Terms: Cash; Conventional Listing Type: ER

Documents

Floor Plans ›

Projected Income, Expenses & Upgrades ›

Listing Office: Village Properties - 1

Last Updated: September - 15 - 2024

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