1731 Chapala Street

Santa Barbara, CA 93101

$1,685,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

1731 Chapala Street offers location, ideal unit mix, value-add opportunity, and off-street parking. Four- Unit buildings in this part of downtown do not become available very often and with the largest unit being delivered vacant, the opportunity to transform this property is immediate. This 6,250 SF +/- R-4 lot is situated in the heart of downtown, close to State Street, Funk Zone, and all the nearby amenities tenants are looking for. All units have hardwood floors, good layouts, and are approx....1731 Chapala Street offers location, ideal unit mix, value-add opportunity, and off-street parking. Four- Unit buildings in this part of downtown do not become available very often and with the largest unit being delivered vacant, the opportunity to transform this property is immediate. This 6,250 SF +/- R-4 lot is situated in the heart of downtown, close to State Street, Funk Zone, and all the nearby amenities tenants are looking for. All units have hardwood floors, good layouts, and are approx. 580 SF. The largest unit in the rear of the building is approx. 650 SF and is currently vacant. The roof is newer and there is a large storage area next to the one car garage that includes a laundry room and storage lockers for tenants.
  1. Listed by Jonathan P Standring • DRE #01893163 • Beachside Partners

Property Details for 1731 Chapala Street

Zoning
R-4
Cross Street
Islay
Recurring Fees
No

Location

Listing Courtesy of Beachside Partners, Jonathan P Standring, DRE #01893163

Sold By Beachside Partners, Jonathan P Standring, DRE #01893163

Add your commute
LISTING UPDATED: 02/05/2021 02:25 PM

Property Details for 1731 Chapala Street

StatusClosed
MLS #20-4081
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1952
Lot Size0.14 AC / 6,250 SF
CountySanta Barbara County

Location

Listing Courtesy of Beachside Partners, Jonathan P Standring, DRE #01893163

Sold By Beachside Partners, Jonathan P Standring, DRE #01893163

Add your commute

Building Information for 1731 Chapala Street

Stories-Residences4Year Built1952Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$10,746 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,196

Property Taxes

$1,550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1731 Chapala Street

Details
Features
  • District: 20 - SB/WEST OF STATE
  • Property Type: B
  • Floor Window Coverings: Hardwood, Vinyl
  • Laundry: Room
  • Pets: Yes
Parking/Garage
  • Parking Info: Attached,Carport
  • Total Carport Spaces: 3
  • Total Garage Spaces: 1
Miscellaneous
  • Num Of Refrigerators: 4
  • Num Of Stoves: 4
  • Parking Spaces: 4
Location Info
Location Info
  • Tax Parcel Number: 206-094-120
  • LotLocation: Near Bus, Near Hospital, Near Park(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93101
Neighborhood/Schools
  • Elementary School: Peabody
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
Property / Assessor Info
  • Condition: Average, Good
  • Foundation: Mixed, Pier & Post
  • Reports Available: NHD, Pest Inspection, Prelim
  • Realtorcom Type: Multi-Family
  • Total # Units: 4
Utility Info
  • Heating/Cooling: Wall
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
Income / Expense Info
Income / Expense Info
  • Total Monthly Income: $4,500
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 1
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 1
  • Unit 1Monthly Total: $1,500
  • Unit 1Rent: $1,500
Unit 2 Info
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 1
  • Unit 2Num Of Half Baths: 0
  • Unit 2Num Of Units: 1
  • Unit 2Monthly Total: $1,600
  • Unit 2Rent: $1,600
Unit 3 Info
  • Unit 3Num Of Baths: 1
  • Unit 3Num Of Bedrooms: 1
  • Unit 3Num Of Half Baths: 0
  • Unit 3Num Of Units: 1
  • Unit 3Monthly Total: $1,500
  • Unit 3Rent: $1,500
Unit 4 Info
  • Unit 4Num Of Baths: 1
  • Unit 4Num Of Bedrooms: 1
  • Unit 4Num Of Units: 1
Contract Info
Contract Info
  • Deposit: 3
  • Financing: Cash
  • Close Price: $1,685,000.00
  • List Price: $1,695,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 01-12-2021
  • Close Date: 02-05-2021
  • Status: Closed

Property History for 1731 Chapala Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1731 Chapala Street

Taxable ValueLand$936,360Additions$816,714Total$1,753,074
Tax Record2023$18,602 ($1,550 / month)
Home Facts
Total Finished SqFt2,352 SqFtAbove Grade Finished SqFt2,352 SqFtLot Size6,098 SqFtStyleDuplexYear Built1951CountySANTA BARBARAAPN027-092-009

Schools near 1731 Chapala Street

This home is within Santa Barbara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Santa Barbara Community Academy
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

La Cuesta Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beachside Partners, Jonathan P Standring, DRE #01893163

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.