2024 Anacapa Street, SANTA BARBARA, CA 93101 (MLS# 22-743)

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2024 Anacapa Street, SANTA BARBARA, CA 93101

$4,000,000

Property Type: Res Inc Lot Size (sq. ft.): 21,344 Status: Closed

Current Price: $4,000,000 List Date: 3/10/2022 Last Modified: 9/15/2024

Overview

Description

First time on the market since 1984, this historic Victorian is situated in Santa Barbara's coveted Upper East neighborhood. This redwood castle has been meticulously maintained over the years and is surrounded by mature trees, lush landscaping, and convenient to the Mission and downtown Santa Barbara. The building opens to a spectacular parlor highlighting fine wood craftsmanship, coffered ceilings, parquet floors, and two fireplaces. One of them being a carved redwood fireplace with Italian glazed tile. This 9-unit multi-family investment includes (7) 1BD+1BA units, (1) studio, and a separate (1) 3BD+1BA house located in the rear of the property.

Supplements: The second building, a multi-level Carriage House (2024 1/2), once used as a school auditorium, features stairs leading up to the old stage that now houses a 3-bedroom apartment. The ±0.49-acre grounds span from Anacapa St. to Green Ln., and include 7.5 private garages and ample storage space. Originally the dream home of Milton S. Stewart and his ... (Read more)

Listing Details MLS# 22-743

Location Info

District: 15 - SB/EAST OF STATE
Street #: 2024
Street Name: Anacapa
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N11
County: Santa Barbara
Parcel Number: 025-321-004
Cross Street: E Mission Street

Contract Info

Price: 3975000
Buyers Agent $/%: 2.5
Begin Date: 2022-03-10

Status Information

Sold Date: 2022-06-03
Under Contract Date: 2022-03-17

Property Information

Number of Units: 9
Year Built: 1887
Apx Lot SqFt: 21344
Recurring Fees: No

NeighborhoodSchools

Neighborhood: 15 - Upper Eastside

Remarks

Hot Sheet Comment: new

More Information

Owner Info

Deposit: 3

Miscellaneous

Parking Spaces: 7.5

Unit 1

# Units: 9
# Bedrooms: 11
# Baths: 9
Furnished: N
Rent: 16710
Monthly Total: 17060
# Half Baths: 0

Parking Info

Total # Garage Spaces: 7.5
Garage: Yes

Neighborhood/Schools

Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.

Condition

Good: Yes

Proximity

Near Park(s): Yes
Near School(s): Yes
Near Shopping: Yes

Laundry

Bldg: Yes

Amenities

Fireplace: Yes

Income/Expenses

Total Monthly Income: 18882

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Contingent Remarks

LOAN APPROVAL: Yes

Property Features

Condition: Good Parking Info: Garage Proximity: Near Park(s); Near School(s); Near Shopping Laundry: Bldg Amenities: Fireplace Zoning: Other Terms: Cash; Conventional Listing Type: ER Contingent Remarks: LOAN APPROVAL

Listing Office: Radius Group Commercial R.E.

Last Updated: September - 15 - 2024

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