$3,400,000
SOLD NOV 7, 2024

1225 Bath St Santa Barbara, CA 93101

-- Bed
-- Bath
3,500 Sq Ft
0.42 Acres

Recently Sold

$971 Per Sq Ft

29% Below List Price

173 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • Laundry Room

About This Home

As of November 2024

EXCEPTIONAL DOWNTOWN SANTA BARBARA PORTFOLIO ASSET! 6-unit plus 3-unit property (9-units total) on separate/adjacent parcels. Early 1900's Craftsman multi-unit apartment house situated on approx. .25 acre + Craftsman tri-plex situated on approx. .17 acre (.42 flat acre combined) in a prime downtown Santa Barbara location. Parking accommodates approx. 10 vehicles. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, Inn/Hotel/Bed & Breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (4)1BD/1BA, (2)2BD/1BA, (3)Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown, The Public Market & SB Theatre District.

>1225/1227 & 1229 Bath Street LP: $4,500,000

Last Agent to Sell the Property

Christopher Hunt

Compass License #01326111

Compass

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Property is in average condition

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Peabody Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Utilities

  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 039-162-011
  • Seller Concessions Offered

Community Details

Overview

  • 9 Units
  • 15 Or 20 Downtown Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $259,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1930
  • Income Expenses Annual Income: 259800.0
  • Monthly Income: 21650.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Guard Dog, Smoke Detector(s)
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Accessibility Features: Other
  • Reso Flooring: Hardwood, Other
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1930
  • Property Information Apx # Acres: 0.42
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 10.0
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 3500.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 18295.0
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • General Property Information Stories2: 2.0
  • Condition Fair2: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.42
  • Foundation Details: Mixed

Garage/Parking

  • Open Parking Spaces: 10.0
  • Parking Features: Uncovered

Utilities

  • Heating: Other
  • HeatingYN: Yes

Schools

  • Elementary School: Peabody
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 039-162-011
  • Zoning: Other, R-4
  • Lot Size Sq Ft: 18295.0

Rental Info

  • Owner Pays: Other, Trash Collection, Water

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 259800.0
  • Total Actual Rent: 21650.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $3,400,000 -24.4% $971 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $4,500,000 -6.3% $1,286 / Sq Ft
01/19/2024 01/19/24 For Sale $4,800,000 -- $1,371 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-207

Santa Barbara Multiple Listing Service

California Santa Barbara County Santa Barbara 93101

1225 Bath St, Santa Barbara, CA

Homes for Sale in Santa Barbara, CA

This home is located at 1225 Bath St, Santa Barbara, CA 93101 and is currently priced at $3,400,000, approximately $971 per square foot. This property was built in 1930. 1225 Bath St is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Peabody Charter School.

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