427 Corona Del Mar, SANTA BARBARA, CA 93103
$5,645,000
Property Type:
Res Inc
Square Footage:
1,600
Lot Size (sq. ft.):
12,000
Status:
Closed
Current Price:
$5,645,000
List Date:
7/03/2018
Last Modified:
9/15/2024
Description
Live the Dream! Own this fully operational 1900's Bed & Breakfast that features 13 en suite bedrooms in 3 separate buildings (Old Yacht Club Inn, Hitchcock House + Cottage) on 2 legal lots. The property is Hotel zoned for a perfect short term rental business by the beach! This sale includes a Title 41 ABC license (beer + wine) and an ongoing, fully furnished operation with SB Vacation Rentals as manager. Located very close to East beach, this amazing hotel opportunity offers a commercial kitchen, laundry, storage, 2 car garage, off site parking, large living room, fireplace, and sitting porch. Abundant charm and the chance to improve this already exciting business makes it an excellent opportunity!
More Information MLS# 18-2399
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: Q12
Cross Street: Cabrillo Blvd
District: 15 - SB/EAST OF STATE
Street #: 427
Street Name: Corona Del Mar
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 017-322-020
Contract Info
Financing: Cash
Buyers Agent $/%: 2
Current Price: $5,645,000
Price: 6500000
Begin Date: 2018-07-03
Status: Closed
Property Information
Year Built: 1900
Stories: 2
Apx Lot SqFt: 12000
Apx # Acres: 0.28
Main House SqFt: 1600
Other Structures SqFt: 1950
Recurring Fees: No
Number of Units: 13
Neighborhood/Schools
Elementary School: Other
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 200000
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Good: 1
Foundation
Raised: 1
Miscellaneous
Parking Spaces: 6
# Refrigerators: 2
# Stoves: 2
Proximity
Near Bus: 1
Near Ocean: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Amenities
Deck: 1
Patio: 1
Cable TV: 1
Fireplace: 1
Gas Stove: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Washer: 1
Dryer: 1
Refrigerator: 1
220V: 1
Fncd Prt: 1
Unit 1
# Units: 5
# Bedrooms: 5
# Baths: 5
# Half Baths: 0
Furnished: Y
Rent: 789
Monthly Total: 21000
Security
Smoke Detector(s): 1
Heating
GFA: 1
Unit 2
# Units: 7
# Bedrooms: 7
Furnished: Y
Zoning
Other: 1
Reports Available
TDS: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 2
# Baths: 1
Furnished: Y
Meters
Sep Meter Wtr: N
Sep Meter Elec: N
Sep Meter Gas: No
Parking Info
Garage: 1
Gar #2: 1
Outside: 1
Unc #4: 1
Detached: 1
Flr/Wdw Coverings
Hardwood: 1
Tile: 1
Pub Listing Details
None: 1
Contingent Remarks
HOME INSPECTN: 1
Exchange
Poss: 1
Status Information
Sold Date: 2018-12-06
Sold Price: $5,645,000
Under Contract Date: 2018-09-09
NeighborhoodSchools
Neighborhood: 15 - East Beach
Property Features
Condition: Excellent; Good
Foundation: Raised
Parking Info: Garage; Gar #2; Outside; Unc #4; Detached
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Amenities: Deck; Patio; Fireplace; Gas Stove; Dishwasher; Disposal; Microwave; Washer; Dryer; Refrigerator; 220V; Cable TV; Fncd Prt
Security: Smoke Detector(s)
Heating: GFA
Zoning: Other
Reports Available: TDS
Exchange: Poss
Terms: Cash; Conventional
Listing Type: ER
Pub Listing Details: None
Contingent Remarks: HOME INSPECTN
Listing Office:
Goodwin & Thyne Properties
Last Updated: September - 15 - 2024
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