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1605 Bath Street, SANTA BARBARA, CA 93101 (MLS# 24-1288)

1605 Bath Street, SANTA BARBARA, CA 93101

$2,400,000
Property Type: Res Inc Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $2,400,000 List Date: 8/24/2024 Last Modified: 3/06/2025

Overview

Description

10 units for sale with 8-9 car parking, approximately 5315 sq/ft (buyer to verify) on a 19,596 sq/ft lot, on-site laundry area. Features (9) 1 bedroom units and (1) studio unit. There is a 4 unit Victorian House, a separate duplex, a separate 1 bedroom cottage, and a separate triplex. Current rents below market. Convenient location for tenants with easy access to downtown, shopping, and Hwy 101. Excellent opportunity for an investor to purchase 10 units with development potential.

Listing Details MLS# 24-1288

Location Info

District
20 - SB/WEST OF STATE
Street #
1605
Street Name
Bath
Street Suffix
Street
State
CA
Country
US
Postal Code
93101
Compass Map
Santa Barbara
Map Grid
N12
County
Santa Barbara
Parcel Nbr
027-162-012
Cross Street
Arrellaga St

Contract Info

Price
3150000
Seller Consider Concessions
Yes
Begin Date
2024-04-24

Status Information

Sold Date
2025-02-28
Under Contract Date
2024-10-02

Property Information

Number of Units
9
Apx # Acres
0.45
Recurring Fees
No

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Unit 1

# Units
10
# Bedrooms
9
# Baths
9
Furnished
N
Rent
18083
Monthly Total
18083

Property Features

Condition: Good Parking Info: Outside Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Zoning: R-4 Reports Available: Prelim; Leases; Other Terms: Cash; Conventional Listing Type: ER Contingent Remarks: HOME INSPECTN; LOAN APPROVAL
IDX
Listing Office: Santa Barbara Brokers, Inc.
Last Updated: March - 06 - 2025
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