Sold
Closed
1514-1520 Garden Street
SANTA BARBARA CA, 93101
$7,250,000
Sold
Closed
13 Beds
13 Baths
Residential
Built in 1859
Courtesy of Steven J Golis, Radius Group Commercial R.E.
11 UNITS ON 2 PARCELS WITH 5.21% CAP RATE - Tucked away in the picturesque heart of downtown Santa Barbara, 1514/1520 Garden St. presents a rare and highly coveted investment opportunity. Units consist of (1) 7 bed/5.5 bath house, (1) 3 bed/3 bath ADU, (2) 2 bed/2 bath ADUs, (6) 1 bed/1bath units and (1) studio. Both original structures have been designated as a Structure of Merit by the Historic Landmarks Commission, however, each unique unit has been extensively remodeled with high-quality finishes and new appliances. The exterior of the property is equipped with new 40-year roofs and solar panels, ensuring hassle-free maintenance for years to come. Tenants enjoy the ease of off-street parking and washer/dryers in each unit.
24-405
MLSⓇ ID
February 7, 2024
Listed
August 23, 2024
Updated
Map
1514-1520 Garden Street
SANTA BARBARA CA, 93101
Interior Features
Bedrooms
13
Total Bathrooms
13
Full Bathrooms
12
Half Bathrooms
1
Laundry Description
In Unit
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Features
Near Public Transit
School Information
High School
S.B. Sr.
Elementary School
Roosevelt
Other Property Details
Area Name
15 - SB/EAST OF STATE
Days on Market
3
Garage
No
View
No
County
Santa Barbara
Pool
No
Zoning
Other
Listing History
Date | Event | Price |
---|---|---|
5/21/2024 | Sold | $7,250,000 |
2/12/2024 | Pending | — |
Listed by Radius Group Commercial R.E., Steven J Golis,
Listing Contact: [email protected]
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Data last updated 3:32 PM UTC, 8/23/2024