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1221 Chapala Street

Santa Barbara, CA 93101
  • $4,950,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 24455641
UPDATED: 14 min ago
$4,950,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,525
    SQFT
  • $658
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Robert Sandefer of The Agency (424-325-5000)


Description

Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T09:24:44.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/157067006
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1221 Chapala Street Santa Barbara, CA 93101

  • Price: $4,950,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 14 min ago
  • ID#: 24455641
2
Beds
0
Baths
0
½ Baths
0.17
Acres
7,525
SQFT
$658
$/SQFT
1987
Built
Neighborhood:
VC81 - Santa Barbara
County:
Santa Barbara
Area:
VC81 - Santa Barbara
Property Description
Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.
Exterior Features

Architectural Style Spanish Open Parking Spaces 10 Parking Features AssignedCovered Parking Total 12 Pool Features None Pool Private YN No Spa YN Yes View City LightsMountain(s)Ocean View YN Yes

Interior Features

Flooring Wood Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 4.11 Electric Expense 11000 Gross Income 265000 Insurance Expense 4646 Levels Three Or More Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 61732 New Construction YN No New Taxes Expense 31020 Senior Community YN No Special Listing Conditions Standard Trash Expense 1236 Vacancy Allowance Rate 0 Water Sewer Expense 3000 Zoning C-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T09:24:44.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Robert Sandefer of The Agency (424-325-5000)