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1605 Bath Street, SANTA BARBARA, CA 93101

$2,400,000
Property Type: Res Inc Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $2,400,000 List Date: 8/24/2024 Last Modified: 3/06/2025

Overview

Description

10 units for sale with 8-9 car parking, approximately 5315 sq/ft (buyer to verify) on a 19,596 sq/ft lot, on-site laundry area. Features (9) 1 bedroom units and (1) studio unit. There is a 4 unit Victorian House, a separate duplex, a separate 1 bedroom cottage, and a separate triplex. Current rents below market. Convenient location for tenants with easy access to downtown, shopping, and Hwy 101. Excellent opportunity for an investor to purchase 10 units with development potential.

Listing Details MLS# 24-1288

Location Info

District
20 - SB/WEST OF STATE
Street #
1605
Street Name
Bath
Street Suffix
Street
State
CA
Country
US
Postal Code
93101
Compass Map
Santa Barbara
Map Grid
N12
County
Santa Barbara
Parcel Number
027-162-012
Cross Street
Arrellaga St

Contract Info

Price
3150000
Seller Consider Concessions
Yes
Begin Date
2024-04-24

Status Information

Sold Date
2025-02-28
Under Contract Date
2024-10-02

Property Information

Number of Units
9
Apx # Acres
0.45
Recurring Fees
No
Year Built
0

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Unit 1

# Units
10
# Bedrooms
9
# Baths
9
Furnished
N
Rent
18083
Monthly Total
18083
# Half Baths
0

Neighborhood/Schools

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

Condition

Good
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

Zoning

R-4
Yes

Reports Available

Prelim
Yes
Leases
Yes
Other
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Parking Info

Outside
Yes

Contingent Remarks

HOME INSPECTN
Yes
LOAN APPROVAL
Yes

Property Features

Condition: Good Parking Info: Outside Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Zoning: R-4 Reports Available: Prelim; Leases; Other Terms: Cash; Conventional Listing Type: ER Contingent Remarks: HOME INSPECTN; LOAN APPROVAL
IDX
Listing Office: Santa Barbara Brokers, Inc.
Last Updated: March - 06 - 2025
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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