1915 Chapala Street, SANTA BARBARA, CA 93101 (MLS# 22-2662)

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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

Overview

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.

Listing Details MLS# 22-2662

Location Info

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

Contract Info

Price: 5450000
Buyers Agent $/%: 2
Begin Date: 2022-08-02

Property Information

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

Owner Info

Deposit: 3

Remarks

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

Status Change Info

Sold Date: 2023-06-02
Under Contract Date: 2023-03-13

More Information

Condition

Fair: Yes

Amenities

Views: Yes
Meter/Gas: Yes
Meter/Elec: Yes
Meter/Wtr: Yes

Use

Other: Yes

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes
OMC 1st: Yes

Listing Type

ER: Yes

Parking

Uncovrd: Yes

Reports

Prelim: Yes
Build Plans: Yes
NHD: Yes

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

Documents

City of SB AUD Map ›

City of SB General Plan Map ›

City of SB Land/Zoning Uses ›

1915 Chapala Prelim ›

1915 Chapala APN 9 NHD ›

1915 Chapala APN 10 NHD ›

Listing Office: Metzner Realty

Last Updated: September - 17 - 2024

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