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
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 disturb the occupants.
More Information MLS# 21-775
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: W. Carrillo St.
District: 15 - SB/EAST OF STATE
Street #: 817
Street Name: De La Vina
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 037-041-007
Contract Info
Buyers Agent $/%: 2
Current Price: $2,920,500
Price: 3375000
Begin Date: 2021-03-03
Status: Closed
Property Information
Year Built: 1925
Apx Lot SqFt: 14810
Recurring Fees: No
Number of Units: 7
Neighborhood/Schools
Elementary School: Other
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
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
Miscellaneous
Parking Spaces: 9
Proximity
Near Ocean: 1
Near Shopping: 1
Laundry
Bldg: 1
Unit 1
# Units: 7
# Bedrooms: 12
# Baths: 8
# Half Baths: 0
Furnished: N
Rent: 17215
Monthly Total: 17215
Income/Expenses
Total Monthly Income: 17215
Annual Income: 206580
Zoning
C-2: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Parking Info
Outside: 1
Pub Listing Details
Owner is Licensee: 1
Contingent Remarks
LOAN APPROVAL: 1
REPORTS: 1
SUBJ 2 INSPECT: 1
Status Information
Sold Date: 2021-06-17
Sold Price: $2,920,500
Under Contract Date: 2021-04-12
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
Documents
Rules For Entry ›
Listing Office:
Radius Group Commercial R.E.
Last Updated: September - 15 - 2024
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