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
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.
More Information MLS# 24-1288
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: N12
Cross Street: Arrellaga St
District: 20 - SB/WEST OF STATE
Street #: 1605
Street Name: Bath
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 027-162-012
Contract Info
Seller Consider Concessions: Yes
Current Price: $2,400,000
Price: 3150000
Begin Date: 2024-04-24
Status: Closed
Property Information
Year Built: 0
Apx # Acres: 0.45
Recurring Fees: No
Number of Units: 9
Neighborhood/Schools
Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Condition
Good: 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
Unit 1
# Units: 10
# Bedrooms: 9
# Baths: 9
# Half Baths: 0
Furnished: N
Rent: 18083
Monthly Total: 18083
Zoning
R-4: 1
Reports Available
Prelim: 1
Leases: 1
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Parking Info
Outside: 1
Contingent Remarks
HOME INSPECTN: 1
LOAN APPROVAL: 1
Status Information
Sold Date: 2025-02-28
Sold Price: $2,400,000
Under Contract Date: 2024-10-02
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
Documents
Preliminary Title Report ›
Listing Office:
Santa Barbara Brokers, Inc.
Last Updated: March - 06 - 2025
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