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1915 Chapala Street, SANTA BARBARA, CA 93101

$5,350,000
Property Type: Commercial Sale Square Footage: 15,038 Lot Size (sq. ft.): 28,750 Status: Closed
Current Price: $5,350,000 List Date: 8/03/2022 Last Modified: 9/17/2024

Description

Rare opportunity to own two adjacent parcels at one address totaling .66 acres in a prime downtown location. Use or reimagine existing 15,038 square foot tri-level structure on APN 025-363-010 which is .47 acres & zoned R-MH Residential Multi-Unit or Hotel & currently used as a church with commercial kitchen. APN 025-363-009 is .19 acres & zoned C-G Commercial General & currently used as a parking lot. See City of Santa Barbara zoning website for nearly limitless options. Short-term, low rate, interest-only seller financing may be offered up to 70% Loan to Value & maximum of 3 years while approvals/permits are obtained; Subject to seller terms, underwriting, & approval at Seller's sole discretion. Some information available regarding current & proposed easements, repairs, etc.

More Information MLS# 22-2662

Location Info

Country: US Compass Map: Santa Barbara Map Grid: N11 Cross Street: Mission District: 20 - SB/WEST OF STATE Street #: 1915 Street Name: Chapala Street Suffix: Street State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 025-363-010

Contract Info

Buyers Agent $/%: 2 Current Price: $5,350,000 Price: 5450000 Begin Date: 2022-08-02 Status: Closed

Property Information

For Sale/Lease: For Sale Yr Built Remarks: Phases Stories: 3 #Offices: 5 Apx # Acres: 0.66 TYP: Business Total SqFt.: 15038

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: price Directions: Chapala between Pedregosa & Mission

Condition

Fair: 1

Amenities

Views: 1 Meter/Gas: 1 Meter/Elec: 1 Meter/Wtr: 1

Use

Other: 1

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1 OMC 1st: 1

Listing Type

ER: 1

Parking

Uncovrd: 1

Reports

Prelim: 1 Build Plans: 1 NHD: 1

Status Change Info

Sold Date: 2023-06-02 Sold Price: $5,350,000 Under Contract Date: 2023-03-13

Property Features

Use: Other Zoning: Other Condition: Fair Parking: Uncovrd Amenities: Views; Meter/Gas; Meter/Elec; Meter/Wtr Reports: Prelim; Build Plans; NHD Terms: Cash; Conventional; OMC 1st Listing Type: ER
Listing Office: Metzner Realty
IDX
Last Updated: September - 17 - 2024
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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