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817 De La Vina Street, SANTA BARBARA, CA 93101

$2,920,500
Property Type: Res Inc Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $2,920,500 List Date: 4/07/2021 Last Modified: 9/15/2024

Overview

Description

Excellent opportunity to acquire a fully rented, cottage style 7-unit complex with upside rent potential! Located in downtown Santa Barbara just two blocks from State Street and Paseo Nuevo Mall. Excellent location, with a walk score of 94 (and a bike score of 99), close to restaurants and a short distance to the beach, pier and Funk Zone. This beautiful bungalow courtyard property consists of a Craftsman home four-plex plus three separate cottages. The main house consists of (2) 2BD/1BA; (1) 1 BD/1BA,; 3BD/2BA; Cottage #1: 1 BD/1BA, Cottage #2: 2BD/1BA; Cottage #3: 1BD/1BA. The three cottages have private yards, units have hardwood floors, updated kitchens and tile in the bathrooms along with ample onsite parking and a community laundry room.

Supplements: Potential awaits this 14,810 SF lot as it sits in the high-priority overlay of Santa Barbara's AUD program for future development and is rarely vacant due to its proximity to everything downtown Santa Barbara has to offer. Offers accepted subject to the approval of existing reports. Access to the units subject to accepted offer. Please do not dis ...

Listing Details MLS# 21-775

Location Info

District
15 - SB/EAST OF STATE
Street #
817
Street Name
De La Vina
Street Suffix
Street
State
CA
Country
US
Postal Code
93101
Compass Map
Santa Barbara
Map Grid
O12
County
Santa Barbara
Parcel Number
037-041-007
Cross Street
W. Carrillo St.

Contract Info

Price
3375000
Buyers Agent $/%
2
Begin Date
2021-03-03

Status Information

Sold Date
2021-06-17
Under Contract Date
2021-04-12

Property Information

Number of Units
7
Year Built
1925
Apx Lot SqFt
14810
Recurring Fees
No

Remarks

COVID Showing Remarks
Before entry all visitor are required to complete and submit the PEAD-V form and comply with the Posted Rules of Entry guidelines (attached).
Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
9

Unit 1

# Units
7
# Bedrooms
12
# Baths
8
Furnished
N
Rent
17215
Monthly Total
17215
# Half Baths
0

Neighborhood/Schools

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

Proximity

Near Ocean
Yes
Near Shopping
Yes

Laundry

Bldg
Yes

Income/Expenses

Total Monthly Income
17215
Annual Income
206580

Zoning

C-2
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Parking Info

Outside
Yes

Pub Listing Details

Owner is Licensee
Yes

Contingent Remarks

LOAN APPROVAL
Yes
REPORTS
Yes
SUBJ 2 INSPECT
Yes

Property Features

Parking Info: Outside Proximity: Near Ocean; Near Shopping Laundry: Bldg Zoning: C-2 Terms: Cash; Conventional Listing Type: ER Pub Listing Details: Owner is Licensee Contingent Remarks: LOAN APPROVAL; REPORTS; SUBJ 2 INSPECT
IDX
Listing Office: Radius Group Commercial R.E.
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.

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