$3,266,310
SOLD OCT 18, 2024

2016 Bath St Santa Barbara, CA 93105

Oak Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
1915 Built

Recently Sold

11% Below List Price

33 Days on Market

Highlights

  • Property near a hospital
  • Santa Barbara Senior High School Rated A-
  • 1-Story Property

About This Home

As of October 2024

*Neighboring Property also for sale!*

Owned and loved by the same owner for over 4 decades! Conveniently nestled near Mission Street, Cottage Hospital and Downtown, 2016-2018 Bath Street presents a hidden gem in Santa Barbara. This compound-style property boasts 7 residential dwellings comprising a total of 8 units, offering a versatile unit mix of (4) 2-bedroom, 1-bath units and (4) 1-bedroom, 1-bath units. Units feature private patios adorned with mature trees and lush landscaping, providing a serene retreat in the heart of the city. Six garages, with leases, currently being utilized as storage, provide additional income potential. 2016 Bath Street will be delivered vacant.

All offers are subject to inspection.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218

Radius Group Commercial R.E.

Co-Listed By

Mike Lopus

Colliers International Greater Los Angeles, Inc. License #01970736

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Parking

  • 9 Parking Spaces

Schools

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

Additional Features

  • 1-Story Property
  • Property near a hospital

Listing and Financial Details

  • Assessor Parcel Number 025-301-021

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $210
  • Fuel Expense $945
  • Maintenance Expense $7,500
  • Trash Expense $6,060
  • Water Sewer Expense $6,485
  • New Taxes Expense $42,296
  • Operating Expense $92,166
  • Gross Income $259,392
  • Net Operating Income $162,464

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1915
  • Income Expenses Annual Income: 259392.0
  • Capitalization Rate: 4.45
  • Income Expenses Electric Expense: 210.0
  • Income Expenses Gas Expense: 945.0
  • Maintenance Expense: 7500.0
  • Annual Expenses: 92166.0
  • Monthly Income: 21616.0
  • Income Expenses Trash Expense: 6060.0
  • Income Expenses Water Expense: 6485.0
  • Miscellaneous Parking Spaces: 9.0
  • Building Stories: 1
  • Income And Expenses Maintenance Expense: 7500.0
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Property Information Year Built2: 1915
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 1.0
  • IncomeExpenses Taxes6: 42296.0
  • IncomeExpenses NOI2: 162464
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Total Parking Spaces: 9.0

Fee Information

  • Annual Fuel Expense: 945.0
  • Trash Expense: 6060.0
  • Annual Water Sewer Expense: 6485.0

Schools

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

Lot Info

  • Parcel #: 025-301-021
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 210.0
  • Annual Gross Income: 259392.0
  • Annual Operating Expense: 92166.0
  • Total Actual Rent: 21616.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
10/18/2024 10/18/24 Sold $3,266,310 -10.5% --
08/15/2024 08/15/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $3,650,000 -- --
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2302

Santa Barbara Multiple Listing Service

California Santa Barbara County Santa Barbara 93105 Oak Park

2016 Bath St, Santa Barbara, CA

Homes for Sale in Santa Barbara, CA

This home is located at 2016 Bath St, Santa Barbara, CA 93105 and is currently priced at $3,266,310. This property was built in 1915. 2016 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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