$3,266,310
SOLD OCT 16, 2024

2018 Bath St Santa Barbara, CA 93105

Oak Park Neighborhood
3 Beds
2 Baths
-- Sq Ft
0.44 Acres

Recently Sold

11% Below List Price

59 Days on Market

Highlights

  • 0.44 Acre Lot
  • Laundry Room
  • Wood Fence
  • Santa Barbara Senior High School Rated A-
  • Accessible Parking
  • Heating Available

About This Home

As of October 2024

PROPERTY ADJACENT (2012 BATH STREET) ALSO FOR SALEYears (Each Unit):2016, 2016A1/2, 2018, and 2018A1/2 Bath St: 19152018 Bath St., A & B: 19302016 Bath St., C & D: 1964Detached Garage: 1974Owned 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. Whether for relaxation or investment, this property offers an ideal blend of convenience and tranquility, perfect for those seeking the Santa Barbara lifestyle with proximity to key amenities and attractions. 2016 Bath Street will be delivered vacant, providing for excellent investor opportunity.All offers are subject to inspection.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial RE Brokerage Email: sgolis@radiusgroup.com License #00772218

Radius Group Commercial RE

Last Buyer's Agent

Steve Golis

Radius Group Commercial RE Brokerage Email: sgolis@radiusgroup.com License #00772218

Radius Group Commercial RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $42,296

Year Built

  • Built in 1915

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Wood Fence
  • No Sprinklers

Parking

  • 6 Car Garage
  • Parking Available
  • Off-Street Parking

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Convection Oven
  • Laundry Room
  • Accessible Parking
  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 025301021

Community Details

Overview

  • 7 Buildings
  • 8 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $210
  • Insurance Expense $9,500
  • Professional Management Expense $11,905
  • Trash Expense $6,060
  • Water Sewer Expense $6,485
  • Operating Expense $92,166
  • Gross Income $254,630
  • Net Operating Income $162,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$42,296

Year Built

Built in 1915

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Professional Management Expense: 11905.00
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 6485.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 025301021
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 9.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 6060.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 19079.00
  • Lot Size Acres: 0.4380

Multi Family

  • Electric Expense: 210.00
  • Gross Income: 254630.00
  • Gross Scheduled Income: 238092.00
  • Insurance Expense: 9500.00
  • Lot Size Area: 19079.0000 Square Feet
  • Net Operating Income: 162464.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 92166.00
  • Rent Control: No
  • Total Expenses: 92166.00

Tax Info

  • Tax Annual Amount: 42296.00

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
10/16/2024 10/16/24 Sold $3,266,310 -10.5% --
09/09/2024 09/09/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $3,650,000 -- --
Source: Ventura County Regional Data Share

Source: Ventura County Regional Data Share

MLS Number: V1-24614

Ventura County Regional Data Share

California Santa Barbara County Santa Barbara 93105 Oak Park

2018 Bath St, Santa Barbara, CA

Homes for Sale in Santa Barbara, CA

This home is located at 2018 Bath St, Santa Barbara, CA 93105 and is currently priced at $3,266,310. This property was built in 1915. 2018 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.