1501 Santa Barbara Street, SANTA BARBARA, CA 93101
$4,394,000
Property Type:
Res Inc
Status:
Closed
Current Price:
$4,394,000
List Date:
10/30/2018
Last Modified:
4/16/2019
Description
Iconic Santa Barbara property nestled between the Arts and Theater District and the Park neighborhood. Built in 1960 by one of the earliest and most renowned developers and builders in the City, the D'Alfonso Family. Property has 8 units all 2 bedroom/2 bath with beautiful finishes and views of the mountains and park.
More Information MLS# 18-3910
Location Info
District: 15 - SB/EAST OF STATE
Street #: 1501
Street Name: Santa Barbara
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 027-241-009
Cross Street: Micheltorena
Contract Info
Current Price: $4,394,000
Price: 4475000
Buyers Agent $/%: 2.5
Begin Date: 2018-10-30
Status: Closed
Status Information
Sold Date: 2019-01-16
Sold Price: $4,394,000
Under Contract Date: 2018-10-30
Property Information
Number of Units: 8
Year Built: 1960
Recurring Fees: No
Neighborhood/Schools
Elementary School: Other
Junior High School: Other
High School: Other
Remarks
Hot Sheet Comment: new
Owner Info
Deposit: 3
Miscellaneous
Parking Spaces: 8
Unit 1
# Units: 8
# Bedrooms: 16
# Baths: 16
Furnished: N
Rent: 20450
Monthly Total: 20450
Income/Expenses
Capitalization Rate: 3.40
Meters
Sep Meter Elec: Y
Sep Meter Gas: Yes
Property Features
Parking Info: Carport
Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Amenities: Patio
Owner Provides: Water; Trash
Zoning: Other
Terms: Cash; OTHER/CLA
Listing Type: ER
Pub Listing Details: None
Listing Office: Radius Group Commercial R.E.
Last Updated: April - 16 - 2019
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