215 Bath Street

Santa Barbara, CA 93101

$16,800,000
Last Sold Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

215 Bath Street is a 52 unit generational multifamily asset n Santa Barbara locatedwithin the famed West Beach neighborhood. The property consists of 27 x 1BD/1BA units, 23Studios and 2 x 2BD/1BA units in three separatebuildings creating a unique apartment community unlike most properties in the area. Residents enjoy ample on-site parking, use of an on-site laundry room, and a common courtyard with in-ground swimming pool and lounge area. The property's location in West Beach providesunparalleled...215 Bath Street is a 52 unit generational multifamily asset n Santa Barbara locatedwithin the famed West Beach neighborhood. The property consists of 27 x 1BD/1BA units, 23Studios and 2 x 2BD/1BA units in three separatebuildings creating a unique apartment community unlike most properties in the area. Residents enjoy ample on-site parking, use of an on-site laundry room, and a common courtyard with in-ground swimming pool and lounge area. The property's location in West Beach providesunparalleled conveniences to the Funk Zone, Santa Barbara Harbor, Stearns Wharf, State Street and proximity to Santa Barbara City College (''SBCC'') as well as easy Hwy 101 access. Offers are due 4/13/2023 by 5 PM (''Bid Date''). Seller reserves the right to accept an offer prior to the Bid Date.
  1. Listed by Christos Celmayster • DRE #01342996 • Hayes Commercial Group

Property Details for 215 Bath Street

MLS Neighborhood
20 - West Beach
Zoning
Public Rec
Cross Street
Montecito St
Recurring Fees
No

Location

Listing Courtesy of Hayes Commercial Group, Christos Celmayster, DRE #01342996

Sold By Radius Group Commercial R.E., Austin Herlihy, DRE #01518112; Radius Group Commercial R.E., Chris Parker, DRE #01887788

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LISTING UPDATED: 08/31/2023 06:47 PM

Property Details for 215 Bath Street

StatusClosed
MLS #23-822
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
CountySanta Barbara County

Location

Listing Courtesy of Hayes Commercial Group, Christos Celmayster, DRE #01342996

Sold By Radius Group Commercial R.E., Austin Herlihy, DRE #01518112; Radius Group Commercial R.E., Chris Parker, DRE #01887788

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Building Information for 215 Bath Street

Building/Complex215 Bath StFloor-Stories2Residences52Pet Policy-Year Built1930Building Size-

Payment Calculator

$99,220 per month

30 year fixed, 7.25% Interest

Principal and Interest

$91,684

Property Taxes

$7,536

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 215 Bath Street

Details
Features
  • District: 20 - SB/WEST OF STATE
  • Property Type: B
  • Property Sub Type: Apartment
  • Amenities: Pool
  • Laundry: Laundry Room
Parking/Garage
  • Total Carport Spaces: 0
  • Total Unconvered Spaces: 50
Miscellaneous
  • Parking Spaces: 50
Location Info
Location Info
  • Tax Parcel Number: 033-031-022
  • LotLocation: Near Bus, Near Hospital, Near Ocean, Near Park(s), Near School(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • WalkScore: 90
  • Postal Code: 93101
  • Bike Score: 99
Neighborhood/Schools
  • Elementary School: McKinley
  • High School: S.B. Sr.
  • Junior High School: LaCumbre
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 1
  • Realtorcom Type: Multi-Family
  • Stories: 2
  • Total # Units: 52
Utility Info
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
Income / Expense Info
Income / Expense Info
  • Annual Income: $1,123,631
  • Other Income: $6,200
  • Electric Expense: $0
  • Total Monthly Income: $93,119
  • Trash Expense: $0
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: 27
  • Unit 1Monthly Total: $51,105
  • Unit 1Rent: $0
Unit 2 Info
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 0
  • Unit 2Num Of Units: 23
  • Unit 2Monthly Total: $35,631
Unit 3 Info
  • Unit 3Num Of Baths: 1
  • Unit 3Num Of Bedrooms: 2
  • Unit 3Num Of Units: 2
  • Unit 3Monthly Total: $6,383
Contract Info
Contract Info
  • Deposit: 3
  • Exchange: Yes
  • Financing: CTNL
  • Close Price: $16,800,000.00
  • List Price: $19,000,000.00
  • Terms: Cash
  • Contract Date: 06-08-2023
  • Close Date: 08-31-2023
  • Canceled Date: 08-26-2023
  • Status: Closed
  • Active Date: 03-30-2023
  • Expiration Date: 08-26-2023

Property History for 215 Bath 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 215 Bath Street

Taxable ValueLand$4,176,299Additions$4,352,224Total$8,528,523
Tax Record2023$90,435 ($7,536 / month)
Home Facts
Lot Size43,124 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN033-031-022

Schools near 215 Bath 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 - 7 to 8
Rating
School
Distance
McKinley Elementary School
PublicK to 6

La Cumbre Junior High School
Public7 to 8

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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Listing Courtesy of Hayes Commercial Group, Christos Celmayster, DRE #01342996

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.