$4,563,000
Santa Barbara, CA 93101
MLS# 221004509
Status: Closed
10 beds | 10 baths | 4350 sqft
1 / 16
Property Description
Brand new Apartment Building located in the heart of the charming and peaceful El Pueblo District. Short stroll to the historic Santa Barbara Courthouse and Sunken Garden and many other historic sites. Walk, bike or enjoy easy access to all in-town transportation including the Santa Barbara Trolley and Pedi-cabs for a quick ride to the beach, pier and zoo. Just 2 short blocks to some of downtown Santa Barbara's finest cafes, eateries, fine shops, galleries, museums, theaters and restaurant, Showing subject to accepted contract.
Details
Maps
Status Change Info
Sold Price/SqFt: 1048.97
Pending Date: 2022-01-10
Closed Date: 2022-01-20
Closed Price: 4563000
Listing, Location and Property Info
Entry Date: 2021-08-15
List Price/SqFt: 1085.52
Zip + 4: 1434
General Property Information
Common Walls: Yes
# Bedrooms: 10
Baths - Full: 10
Baths - Total: 10
Approx SqFt: 4350
Lot Acres: 0.12
Lot SqFt: 5227
Year Built: 2019
Listing Info
Total # of Units in Complex: 4
Property Info
View: Yes
Pool: No
Spa: No
Fireplace: No
Dwelling Total Floors: 3
# of Buildings: 1
Land Lease Type
Other: 1
Special Conditions
Real Estate Owned: 1
Terms
Cash to New Loan: 1
Possession
Close of Escrow: 1
Financing
Cash to New Loan: 1
View Type
Hills View: 1
Disclosures
Owner Has Real Estate License: 1
Laundry Locations
Area in Unit: 1
Levels
Multi Level: 1
Appliances
Dishwasher: 1
Dryer: 1
Garbage Disposal: 1
Refrigerator: 1
Washer: 1
Water Softener-Owned: 1
Cooking Appliances
Built-In Gas: 1
Cooktop - Gas: 1
Microwave: 1
Range: 1
Kitchen Features
Quartz Counters: 1
Security Safety
Carbon Monoxide Detector(s): 1
Fire & Smoke Det Sys: 1
Fire Sprinklers: 1
Flooring
Stained Concrete: 1
Wood/Wood Like: 1
Property/Land Information
Actual Total Rent $: 224868
Adjusted Gross Income $: 224868
Annual Gross Rent $: 224868
Electricity $: 960
Gardener $: 1800
Gas $: 480
Gross Rent Multiplier $: 21
Insurance $: 2200
Monthly Gross Income: 18739
Operating Expenses $: 36856
Tax Rate Year: 2021
Total Taxes: 30000
Trash $: 720
Water Expense $: 2700
Cooling Type
Central A/C: 1
Heat Pump(s): 1
Heating Type
Heat Pumps: 1
Heating Fuel
Natural Gas: 1
TV Services
Cable TV: 1
Water Heater Feature
None: 1
Green Energy Efficient
Water Heater: 1
Parking Spaces/Information
Total Garage Spaces: 4
Parking Type
Community Garage: 1
Garage Attached: 1
HOA 1 Information
HOA: No
Landlord Pays For
Gardner: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Water: 1
Unit 1 Furnished
Unfurnished: 1
Unit 1 Information
Unit-1 # of Beds: 4
Unit-1 # of Baths: 4
Unit-1 Monthly Rent: 7950
Unit 2 Furnished
Unfurnished: 1
Unit 2 Information
Unit-2 # of Beds: 2
Unit-2 # of Baths: 2
Unit-2 Monthly Rent: 3800
Unit 3 Information
Unit-3 # of Baths: 2
Unit-3 Monthly Rent: 3745
Unit 3 Furnished
Unfinished: 1
Unit 4 Information
Unit-4 # of Beds: 2
Unit-4 # of Baths: 2
Unit-4 Monthly Rent: 3250
Listing Location and Property Info
Status: Closed
Entry Date: 2021-08-15
Listing Price: 4722000
Current Price: $4,563,000
Street #: 1115
Street Name: Garden
Suffix: Street
County: Santa Barbara
State/Province: CA
Zip Code: 93101
APN/Tax ID: 029162013
Area: VC81 - Santa Barbara
Subdivision/Tract Code: Santa Barbara: Other - 0080
Country: US
Units Information
# Separate Electric Meters: 4
# Separate Gas Meters: 4
# Separate Water Meters: 4
Parking SpacesInformation
Total Covered Spaces: 4
PropertyLand Information
Cap Rate %: 3.93
Net Operating Income: 186012
Property Features
Land Lease Type: Other
Special Conditions: Real Estate Owned
Terms: Cash to New Loan
Possession: Close of Escrow
View Type: Hills View
Disclosures: Owner Has Real Estate License
Levels: Multi Level
Appliances: Dishwasher; Dryer; Garbage Disposal; Refrigerator; Washer; Water Softener-Owned
Cooking Appliances: Built-In Gas; Cooktop - Gas; Microwave; Range
Kitchen Features: Quartz Counters
Flooring: Stained Concrete; Wood/Wood Like
Cooling Type: Central A/C; Heat Pump(s)
Heating Type: Heat Pumps
Heating Fuel: Natural Gas
TV Services: Cable TV
Laundry Locations: Area in Unit
Security Safety: Carbon Monoxide Detector(s); Fire & Smoke Det Sys; Fire Sprinklers
Water Heater Feature: None
Green Energy Efficient: Water Heater
Parking Type: Community Garage; Garage Attached
Landlord Pays For: Gardner
Tenant Pays: Cable TV; Electricity; Gas; Water
Unit 1 Furnished: Unfurnished
Unit 2 Furnished: Unfurnished
Unit 3 Furnished: Unfinished
Financing: Cash to New Loan
Listing Office: Ryan Real Estate & Development
Listing Agent: Timothy Ryan | Timryan.re@gmail.com
Agent Email: Timryan.re@gmail.com
Last Updated: January - 24 - 2022
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.