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
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 wife, Ida, they purchased the property in 1887 and by 1904, the home had become Miss Mary Gamble's Exclusive Home & Day School for Girls, one of California's first academies for young women. In 1914, Ida and her son, also named Milton, converted the Victorian into apartments and named the property, The Stewart Apartments. Please Do Not Disturb the Occupants
More Information MLS# 22-743
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: N11
Cross Street: E Mission Street
District: 15 - SB/EAST OF STATE
Street #: 2024
Street Name: Anacapa
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 025-321-004
Contract Info
Buyers Agent $/%: 2.5
Current Price: $4,000,000
Price: 3975000
Begin Date: 2022-03-10
Status: Closed
Property Information
Year Built: 1887
Apx Lot SqFt: 21344
Recurring Fees: No
Number of Units: 9
Neighborhood/Schools
Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Condition
Good: 1
Miscellaneous
Parking Spaces: 7.5
Proximity
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
Bldg: 1
Amenities
Fireplace: 1
Unit 1
# Units: 9
# Bedrooms: 11
# Baths: 9
# Half Baths: 0
Furnished: N
Rent: 16710
Monthly Total: 17060
Income/Expenses
Total Monthly Income: 18882
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Parking Info
Garage: 1
Total # Garage Spaces: 7.5
Contingent Remarks
LOAN APPROVAL: 1
Status Information
Sold Date: 2022-06-03
Sold Price: $4,000,000
Under Contract Date: 2022-03-17
NeighborhoodSchools
Neighborhood: 15 - Upper Eastside
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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