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314 W Alamar Avenue, SANTA BARBARA, CA 93105

$2,400,000
Property Type: Res Inc Square Footage: 4,532 Status: Closed
Current Price: $2,400,000 List Date: 1/31/2023 Last Modified: 3/10/2023

Description

Rare opportunity to own 11 units comprising of 1 two bedroom, 5 one bedrooms, and 5 studio units near Cottage hospital. Built in 1903, this historic and thoughtfully converted property has been lovingly cared for over the years. Backing up to Mission Creek, the magical setting is enhanced by the low-water landscaping, mature trees, a spacious driveway with ample off-street parking, some units include fire places and hardwood floors, and all have private entries. This convenient location is a few blocks from Downtown, De La Vina corridor, and Oak Park. Do not go on property without listing agents. Full-access showings only after accepted offers. Call listing agent for important detailed information about the property.

More Information MLS# 23-232

Location Info

District: 20 - SB/WEST OF STATE Street #: 314 Dir: W Street Name: Alamar Street Suffix: Avenue State/Province: CA Postal Code: 93105 Compass Map: Santa Barbara Map Grid: N11 County: Santa Barbara Parcel Number: 051-283-009 Cross Street: Bath St.

Contract Info

Current Price: $2,400,000 Price: 2800000 Financing: Cash Buyers Agent $/%: 2.5 Begin Date: 2023-01-31 Status: Closed

Status Information

Sold Date: 2023-03-09 Sold Price: $2,400,000 Under Contract Date: 2023-02-15

Property Information

Number of Units: 11 Year Built: 1903 Main House SqFt: 4532 Recurring Fees: No

Neighborhood/Schools

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

Remarks

COVID Showing Remarks: Current COVID protocols in place. Hot Sheet Comment: new

Owner Info

Deposit: 3

Unit 1

# Units: 11 # Bedrooms: 12 # Baths: 11 Furnished: N Rent: 15703 Monthly Total: 15703

Income/Expenses

Total Monthly Income: 15703

Parking Info

Total # Unconvered Spaces: 11

Property Features

Condition: Good Foundation: Raised; Mixed Parking Info: Uncovered Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room; Other Amenities: Deck; Gas Stove; Ovens/Bltin; Washer; Dryer; Cable TV; Fncd Prt Flr/Wdw Coverings: Carpet; Hardwood; Wood/Laminate; Other Heating/Cooling: GFA; Heat Other Owner Provides: Heat; Elec; Gas; Water; Trash Zoning: Other Reports Available: Leases; Other Terms: Cash; Ctnl Listing Type: ER Pub Listing Details: None
Listing Office: Village Properties
Last Updated: March - 10 - 2023
314 W Alamar Avenue, SANTA BARBARA, CA 93105- MLS# 23-232
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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