1315 Bath Street, Santa Barbara, CA 93101 $4,950,000

Status: Closed    MLS# 18-3671

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Property Description

Now for sale for the 1st time in over 40 years, the 12 units at 1315 Bath are one of the very best located apartment buildings of this size you will find in Santa Barbara. Just 2 blocks to the Arts & Theater District, the close-in downtown location provides an investor extraordinary tenant demand due to many tenant-rich employment centers nearby (restaurants, theaters, law offices, government offices), and the attractive vibrant lifestyle at a tenant's doorstep. The building has been professionally maintained by the same family for decades - ready to continue as a safe diversification for a portfolio, or take advantage of the A+ location to transform the property a little or a lot, and realize more upside return (see Documents). With a fantastic unit mix too, this is a rare opportunity!

Property Information
Property Details
MLS ID: #18-3671
Current Price: $4,950,000 
Status: Closed
Days on Market: 5
Address: 1315 Bath Street
City / Zip: Santa Barbara, CA 93101
Area / Neighborhood: Sb/West Of State
Year Built: 1966 
Proximity: Near Bus, Near Park(s), Near Shopping 
Schools
Elementary School: Peabody
Jr. High School: S.B. Jr.
Sr. High School: S.B. Sr.
Interior Features
Heating / Cooling: Elec, Radia 
Flooring: Carpet, Vinyl, Wood/Laminate 
Laundry: Room 
Exterior Features
Misc.
Zoning: Other 
Reports Available: Home Inspection, Pest Inspection, Roof 
Owner Provides: Trash, Water
Exchange: Yes
Location

Listed with Berkshire Hathaway Home Services California Properties