427 Corona Del Mar, SANTA BARBARA, CA 93103 (MLS# 18-2399)

Your search results

427 Corona Del Mar, SANTA BARBARA, CA 93103

$5,645,000

Virtual Tour

http://www.tourfactory.com/idxr2031518

Amazing 13 unit Bed & Breakfast in 3 buildings on 2 legal lots

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

Overview

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!

Listing Details MLS# 18-2399

Location Info

District: 15 - SB/EAST OF STATE
Street #: 427
Street Name: Corona Del Mar
State: CA
Country: US
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: Q12
County: Santa Barbara
Parcel Number: 017-322-020
Cross Street: Cabrillo Blvd

Contract Info

Price: 6500000
Financing: Cash
Buyers Agent $/%: 2
Begin Date: 2018-07-03

Status Information

Sold Date: 2018-12-06
Under Contract Date: 2018-09-09

Property Information

Number of Units: 13
Stories: 2
Year Built: 1900
Main House SqFt: 1600
Other Structures SqFt: 1950
Apx # Acres: 0.28
Apx Lot SqFt: 12000
Recurring Fees: No

NeighborhoodSchools

Neighborhood: 15 - East Beach

Remarks

Hot Sheet Comment: new

More Information

Owner Info

Deposit: 200000

Miscellaneous

Parking Spaces: 6
# Refrigerators: 2
# Stoves: 2

Unit 1

# Units: 5
# Bedrooms: 5
# Baths: 5
Furnished: Y
Rent: 789
Monthly Total: 21000
# Half Baths: 0

Unit 2

# Units: 7
# Bedrooms: 7
Furnished: Y

Unit 3

# Units: Yes
# Bedrooms: 2
# Baths: Yes
Furnished: Y

Meters

Sep Meter Wtr: N
Sep Meter Elec: N
Sep Meter Gas: No

Neighborhood/Schools

Elementary School: Other
Junior High School: S.B. Jr.
High School: S.B. Sr.

Condition

Excellent: Yes
Good: Yes

Foundation

Raised: Yes

Proximity

Near Bus: Yes
Near Ocean: Yes
Near Park(s): Yes
Near School(s): Yes
Near Shopping: Yes

Laundry

Laundry Room: Yes

Amenities

Deck: Yes
Patio: Yes
Cable TV: Yes
Fireplace: Yes
Gas Stove: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Washer: Yes
Dryer: Yes
Refrigerator: Yes
220V: Yes
Fncd Prt: Yes

Security

Smoke Detector(s): Yes

Heating

GFA: Yes

Zoning

Other: Yes

Reports Available

TDS: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking Info

Garage: Yes
Gar #2: Yes
Outside: Yes
Unc #4: Yes
Detached: Yes

Flr/Wdw Coverings

Hardwood: Yes
Tile: Yes

Pub Listing Details

None: Yes

Contingent Remarks

HOME INSPECTN: Yes

Exchange

Poss: Yes

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

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.