1115 Garden Street, Santa Barbara, CA 93101

$4,563,000
Property Type: Residential Income Bedrooms: 10 Baths: 10 Square Footage: 4,350 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $4,563,000 List Date: 8/15/2021 Last Modified: 1/24/2022

Overview

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.

Listing Details MLS# 221004509

General Property Information

# Bedrooms
10
Baths - Full
10
Baths - Total
10
Approx SqFt
4350
Lot Acres
0.12
Lot SqFt
5227
Year Built
2019
Common Walls
Yes

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 Location and Property Info

Entry Date
2021-08-15
Listing Price
4722000
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

Listing Info

Total # of Units in Complex
4

Property Info

Dwelling Total Floors
3
# of Buildings
Yes
Pool
No
Spa
No
Fireplace
No

Status Change Info

Pending Date
2022-01-10
Closed Date
2022-01-20
Closed Price
4563000
Sold Price/SqFt
1048.97

More Information

Units Information

# Separate Electric Meters
4
# Separate Gas Meters
4
# Separate Water Meters
4

Parking SpacesInformation

Total Covered Spaces
4

HOA 1 Information

HOA
No

PropertyLand Information

Cap Rate %
3.93
Net Operating Income $
186012

Unit 1 Information

Unit-1 # of Beds
4
Unit-1 # of Baths
4
Unit-1 Monthly Rent
7950

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 4 Information

Unit-4 # of Beds
2
Unit-4 # of Baths
2
Unit-4 Monthly Rent
3250
Listing Office: Ryan Real Estate & Development
Listing Agent: Timothy Ryan
818-825-0006 | 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.
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