901 Olive Street, SANTA BARBARA, CA 93101
$17,850,000
Property Type:
Res Inc
Status:
Closed
Current Price:
$17,850,000
List Date:
7/20/2015
Last Modified:
9/15/2024
Description
This newly constructed 100% leased mixed-use project boasts an attractive blend of 19,213 SF refurbished contemporary office space and 19 brand new luxury loft-style residential units—the first new construction of apartments in downtown Santa Barbara since the 1970’s! A turn-key offering for investors seeking a first class,low maintenance asset in a superior Central Coast location.
More Information MLS# 15-1887
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P12
Cross Street: Olive Street
District: 15 - SB/EAST OF STATE
Street #: 901
Street Name: Olive
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 029-302-018
Contract Info
Buyers Agent $/%: 1
Current Price: $17,850,000
Price: 18895000
Begin Date: 2015-06-05
Status: Closed
Property Information
Year Built: 2015
Recurring Fees: No
Number of Units: 19
Neighborhood/Schools
Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 550000
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Miscellaneous
Parking Spaces: 66
# Refrigerators: 19
# Stoves: 19
Proximity
Near Bus: 1
Near School(s): 1
Near Shopping: 1
Laundry
In Unit: 1
Amenities
Deck: 1
Fire Spkl: 1
Cable TV: 1
Gas Stove: 1
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Other: 1
Unit 1
# Units: 9
# Bedrooms: 1
# Baths: 1
# Half Baths: 0
Furnished: N
Rent: 3544
Monthly Total: 58200
Income/Expenses
Capitalization Rate: 5%
NOI: $938,039.00
Heating
Radia: 1
Pets
Yes: 1
Unit 2
# Units: 10
# Baths: 1
Rent: 2630
Zoning
C-2: 1
Terms
Cash: 1
Conventional: 1
Listing Type
EA: 1
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Other: 1
Flr/Wdw Coverings
Other: 1
Status Information
Sold Date: 2015-11-17
Sold Price: $17,850,000
Under Contract Date: 2015-07-30
Property Features
Condition: Excellent
Parking Info: Other
Proximity: Near Bus; Near School(s); Near Shopping
Laundry: In Unit
Amenities: Deck; Gas Stove; Dishwasher; Disposal; Refrigerator; Fire Spkl; Cable TV; Other
Heating: Radia
Pets: Yes
Zoning: C-2
Terms: Cash; Conventional
Listing Type: EA
Listing Office:
Radius Group Commercial R.E.
Last Updated: September - 15 - 2024
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