707 Colina Lane

Santa Barbara, CA 93103

$8,200,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Perched on a lush hilltop on Colina Lane, this prime lower Riviera asset,comprising five (5) townhome duplexes, represents a prime opportunityto purchase an investment property that has not been on the market in50 years. Each of the 10 units boasts an ocean view and is surrounded bylush gardens, giving the complex a very private feel. The approx. .75-acre,well-kept property is surrounded by multi-million dollar homes, juststeps from the Santa Barbara Bowl. Made up of nine (9) 2BD/1.5BA andone (1)...

Property Details for 707 Colina Lane

MLS Neighborhood
15 - Riviera/Lower
Zoning
Other
Cross Street
Alta Vista Rd
Recurring Fees
No

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218; Radius Group Commercial R.E., Michael Chenoweth, DRE #01213196

Property Details for 707 Colina Lane

StatusActive
MLS #21-1255
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.72 AC / 31,363 SF
CountySanta Barbara County

Contact a Compass agent

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218; Radius Group Commercial R.E., Michael Chenoweth, DRE #01213196

Building Information for 707 Colina Lane

Stories-Residences10Year Built1971Building Size-Lot Size0.72 AC / 31,363 SF

Payment Calculator

$27,481 per month

30 year fixed, 2.95% Interest

Principal and Interest

$27,481

Property Taxes

HOA Dues

$0

Property Information for 707 Colina Lane

Details
    Features
  • District: 15 - SB/EAST OF STATE
  • Property Type: B
  • Amenities: Deck
  • Laundry: Some
    Parking/Garage
  • Parking Info: Carport,Uncovered
  • Total Carport Spaces: 10
  • Total Unconvered Spaces: 2
    Miscellaneous
  • Parking Spaces: 12
Location Info
    Location Info
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Street Name: Colina
  • Street Number Numeric: 707
    Neighborhood/Schools
  • Elementary School: Other
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
    Property / Assessor Info
  • Apx Lot SqFt: 31363
  • Condition: Excellent
  • Realtorcom Type: Multi-Family
  • Total # Units: 10
  • Year Built: 1971
Unit Info
    Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 11
  • Unit 1Num Of Bedrooms: 21
  • Unit 1Num Of Half Baths: 10
  • Unit 1Num Of Units: 10
  • Unit 1Monthly Total: $30,025
  • Unit 1Rent: $30,025
Contract Info
    Contract Info
  • Deposit: 3
  • List Price: $8,200,000.00
  • Terms: Cash, Ctnl
  • Status: Active

Property History for 707 Colina Lane

DateEvent & SourcePriceAppreciation
Apr 7, 2021

Listed (Active)

SBMLS #21-1255

$8,200,000
DateEvent & SourcePrice
04/07/2021

Listed (Active)

SBMLS #21-1255

$8,200,000

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

Public Records for 707 Colina Lane

Taxable ValueLand$147,935Additions$365,632Total$513,567
Tax Record2020$5,902 ($492 / month)
Home Facts
Lot Size31,363 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN029100028

Schools near 707 Colina Lane


SchoolTypeGradesDistanceRating
Santa Barbara Senior High SchoolPublic9-120.3 mi
6
El Montecito School San RoquePrivatePK-60.5 mi
NR
The Knox School Of Santa BarbaraPrivateK-80.6 mi
NR
Orca SchoolPrivate2-30.6 mi
NR

Santa Barbara Senior High School

9-12, 0.3 mi, Public

6

El Montecito School San Roque

PK-6, 0.5 mi, Private

NR

The Knox School Of Santa Barbara

K-8, 0.6 mi, Private

NR

Orca School

2-3, 0.6 mi, Private

NR

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.

Similar Homes

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707 Colina Lane is a multi-family home for sale in Santa Barbara, CA 93103. This property was listed for sale on April 7, 2021 by Radius Group Commercial R.E. at $8,200,000. This listing's school district is Santa Barbara Unified School District. Nearby schools include Santa Barbara Senior High School, El Montecito School San Roque and The Knox School Of Santa Barbara. 707 Colina Lane is a 0-bed, 0-bath, multi-family home built in 1971. This address can also be written as 707 Colina Ln.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218; Radius Group Commercial R.E., Michael Chenoweth, DRE #01213196

Based on information from the Santa Barbara MLS as of 04/07/2021 12:00 AM, display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and may or may not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/07/2021 02:07 PM