812 Jennings Avenue

Santa Barbara, CA 93103

$1,220,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This recently remodeled property holds a very rare, permanent City of Santa Barbara Commercial Hotel Permit, which took over 2 years to procure. It is operating as a full time legal Vacation Rental. Wonderful investment opportunity with 2 years of income history, $103,077 of Airbnb bookings in 2019, and 92.7% occupancy in 2020. With Covid, many visitors prefer to stay in a private home over a hotel. Convenient location close to downtown and East Beach. This sale includes all future bookings, cleaning...

Property Details for 812 Jennings Avenue

Area
All Other Counties/States
City
SANTA BARBARA
Building Type
OTHER

Property Details for 812 Jennings Avenue

StatusPermanently Off Market
MLS #ML81821369
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units / Other
Year Built1932
Lot Size0.12 AC / 5,227 SF
CountySanta Barbara County

Listing Agent

Laura Rahmil

Remark International Realty

laura@remarkrealestate.com

P: 408.647.6750

DRE #01934530

Contact Agent(s)

Location

Listing Courtesy of Remark International Realty, Laura Rahmil, DRE #01934530

Building Information for 812 Jennings Avenue

Stories-Residences-Year Built1932Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,089 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,089

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 812 Jennings Avenue

Features
    Feature Details
  • Flooring: Hardwood Floors
    Utility Details
  • Cooling: Other
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Water - Public
Lot / Property Details
    Property Details
  • Additional Equipment: Fire Alarm System
  • Lot Sq Ft Apx: 5227
  • Roof: Composition Shingles
  • Year Built: 1932
  • Zoning: M-1
  • Acres: 0.12
    Location Details
  • Directions to Property: 1/2 block West of Milpas St. on Jennings Ave
  • FIPS Code: 06083
  • Parcel Number: 017-043-003
  • Board ID: MLSListings Datashare
  • Street Number Numeric: 812.0
  • Street Name: Jennings Avenue
  • County: Santa Barbara
  • Zip Code: 93103
Multi Family Information
    General Details
  • Park Spaces Total: 3
  • Sq Ft Total Building: 1140
  • Existing Lease Terms: Other
    Income / Expense Details
  • Annual Taxes $: $0
  • Annual Gross Sched Income: $115,000
  • Annual Rental Income: $110,000
  • Net Operating Income: $106,950
  • Annual Utility Expense: $0
Multi Family 5+ Information
    Building Details
  • Tenant Pays: None
    Other Financial Information
  • Financial Data Source: Owner

Property History for 812 Jennings Ave

DateEvent & SourcePriceAppreciation
Dec 25, 2020

Permanently Off Market

BAREIS #22028470

Dec 25, 2020

Permanently Off Market

SBMLS #20-4636

Dec 2, 2020

Permanently Off Market

EBRD #ML81821369

DateEvent & SourcePrice
12/25/2020

Permanently Off Market

BAREIS #22028470

12/25/2020

Permanently Off Market

SBMLS #20-4636

12/02/2020

Permanently Off Market

EBRD #ML81821369

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

Public Records for 812 Jennings Avenue

Taxable ValueLand$459,000Additions$270,300Total$729,300
Tax Record2020$7,752 ($646 / month)
Home Facts
Beds3Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtLot Size5,227 SqFtStyleSingle Family ResidenceYear Built1932Year Renovated1955CountySANTA BARBARAAPN017043003

Schools near 812 Jennings Avenue


SchoolTypeGradesDistanceRating
Adelante Charter SchoolCharterK-60.2 mi
2
Santa Barbara Junior High SchoolPublic7-80.4 mi
4
El Montecito School San RoquePrivatePK-60.6 mi
NR
Alta Vista Alternative Junior High SchoolPublic7-80.8 mi
NR

Adelante Charter School

K-6, 0.2 mi, Charter

2

Santa Barbara Junior High School

7-8, 0.4 mi, Public

4

El Montecito School San Roque

PK-6, 0.6 mi, Private

NR

Alta Vista Alternative Junior High School

7-8, 0.8 mi, Public

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 Sold Homes

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

Listing Courtesy of Remark International Realty, Laura Rahmil, DRE #01934530

Based on information from the Santa Barbara MLS as of 11/24/2020 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 12/03/2020 02:03 AM