310 Ladera Street, SANTA BARBARA, CA 93101 (MLS# 24-1009)

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310 Ladera Street, SANTA BARBARA, CA 93101

$1,851,866

306-&-310-Ladera-St-Santa-Barbara-CA-Rad

Property Type: Res Inc Status: Closed

Current Price: $1,851,866 List Date: 4/03/2024 Last Modified: 4/24/2025

Overview

Description

Prime West Beach 7-Unit property on separate parcels (306 & 310 Ladera). This versatile property includes a 5-plex and a duplex with ample value-add upside potential from excess land to build an ADU adding more units or visualize a full development project between the two parcels. Preliminary city consultation suggests feasibility of building approximately 11 units on 306 Ladera St. Excellent unit mix with (5) 2BD/1BA's and (2) studios walking distance to the beach, Santa Barbara City College, the Funk Zone, Downtown, and Santa Barbara's iconic Stearn's Wharf. Contact Listing Agents for further details.

Listing Details MLS# 24-1009

Location Info

District: 20 - SB/WEST OF STATE
Street #: 310
Street Name: Ladera
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O13
County: Santa Barbara
Parcel Number: 037-222-020
Cross Street: W. Montecito St.

Contract Info

Price: 2300000
Buyers Agent $/%: 2.25
Begin Date: 2024-04-03

Status Information

Sold Date: 2024-04-03
Under Contract Date: 2024-04-03

Property Information

Number of Units: 5
Year Built: 1960
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 69000

More Information

Unit 1

# Units: 4
# Bedrooms: 2
# Baths: Yes
Furnished: N
Rent: 2500
Monthly Total: 9950
# Half Baths: 0

Unit 2

# Units: Yes
# Baths: Yes
# Bedrooms: 0
M/M: Yes

Neighborhood/Schools

Elementary School: McKinley
Junior High School: LaCumbre
High School: San Marcos

Zoning

R-4: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Property Features

Unit 2: M/M Zoning: R-4 Terms: Cash; Conventional Listing Type: ER

Listing Office: Radius Group Commercial R.E.

Last Updated: April - 24 - 2025

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