134 Chapala, SANTA BARBARA, CA 93101
$3,750,000
Property Type:
Res Inc
Status:
Closed
Current Price:
$3,750,000
List Date:
4/22/2021
Last Modified:
9/26/2022
Description
This amazing property represents one of the last unrealized development
opportunities in Santa Barbara this close to the ocean.
Located in the prized West Beach neighborhood, the ''Gateway to the City,''
just beyond the Moxi Museum and Hotel Californian, this 15,000 SF parcel
is perfectly situated for a boutique hotel, hostel or possible vacation rental.
Overlooking the creek and with ocean view potential, this property has
extremely attractive characteristics from a hospitality standpoint.
The building was previously used as a youth hostel for travelling tourists and
surfers and was temporarily shut down due to the Mission Creek restoration
project in 2013. At the time it was operating the hostel had 47 beds.
More Information MLS# 19-2927
Location Info
District: 20 - SB/WEST OF STATE
Street #: 134
Street Name: Chapala
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P13
County: Santa Barbara
Parcel Number: 033-074-001
Cross Street: Yanonali
Contract Info
Current Price: $3,750,000
Price: 3750000
Buyers Agent $/%: 2.5
Begin Date: 2019-08-20
Status: Closed
Status Information
Sold Date: 2021-10-21
Sold Price: $3,750,000
Under Contract Date: 2021-05-04
Property Information
Number of Units: 1
Year Built: 1960
Recurring Fees: No
Neighborhood/Schools
Elementary School: Other
Junior High School: Other
High School: Other
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 3
Unit 1
# Units: 1
# Baths: 2
Furnished: N
Property Features
Zoning: Other
Terms: Cash; Ctnl
Listing Type: ER
Contingent Remarks: LOAN APPROVAL; REPORTS
Listing Office: Radius Group Commercial R.E.
Last Updated: September - 26 - 2022
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