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$3,379,000
212 Cottage Grove Ave
SANTA BARBARA, CA 93101
MLS# 18-37
Status: Closed
7005 sqft


212 Cottage Grove Ave, SANTA BARBARA, CA 93101
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212 Cottage Grove Ave, SANTA BARBARA, CA 93101 212 Cottage Grove Ave, SANTA BARBARA, CA 93101 212 Cottage Grove Ave, SANTA BARBARA, CA 93101 212 Cottage Grove Ave, SANTA BARBARA, CA 93101 212 Cottage Grove Ave, SANTA BARBARA, CA 93101 212 Cottage Grove Ave, SANTA BARBARA, CA 93101

Property Description
Amazing opportunity to purchase this 100% occupied mixed-use property in downtown Santa Barbara. This well-maintained Craftsman building includes 4,050 SF of commercial office/retail space on the ground floor plus three (3) residential units on the 2nd floor (two 2BD/1BA and one 3BD/1BA apartments), all located on a 12,196 SF lot with 22 on-site parking spaces. Excellent location near State Street, the Funk Zone, Santa Barbara City College and the beach, with convenient access to Highway 101.

Details
Maps
Location Info
District: 20 - SB/WEST OF STATE
Street #: 212
Street Name: Cottage Grove
Street Suffix: Ave
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O13
County: Santa Barbara
Parcel Number: 037-201-017
Cross Street: De La Vina
Contract Info
Current Price: $3,175,000
Price: 3379000
Buyers Agent $/%: 2.5
Begin Date: 2018-01-03
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
Gross Sq Ft: 7005
Nt Rt Sq Ft.: 7005
SqFt.: 7005
Apx Lot SqFt: 12196
Remarks
Hot Sheet Comment: new
Status Change Info
Sold Date: 2018-03-01
Sold Price: $3,175,000
Under Contract Date: 2018-01-26
Business Info
# Pk/1000: 4
Income/Expenses
Annual Gross Income: 217095
NOI: 155948
Total Ann Exp: 61147
Property Features
Use: Office; Retail/Commercial; Residential; Mixed Use
Zoning: C-2
Terms: Other
Listing Type: ER
Contingent Remarks: OTHER

Listing Office: Hayes Commercial Group

Last Updated: November - 04 - 2020

212 Cottage Grove Ave, SANTA BARBARA, CA 93101 - MLS# 18-37
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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