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$ 4,950,000
Est. payment | /mo
5,555 SqFt
$ 4,950,000
Est. payment | /mo
5,555 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,555 sqft
Price per Sqft $891
Subdivision 15 Or 20 - Downtown
MLS Listing ID 26-66
Year Built 1893
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 10454.0
Source Santa Barbara Multiple Listing Service
Property Description
Bath Street Flats is a boutique multifamily investment located in one of Santa Barbara's most supply-constrained downtown submarkets, offering hands-off ownership and durable cash flow. Situated just two blocks from the Santa Barbara Public Market and minutes from the Theatre District, the property benefits from consistent tenant demand, strong rental performance, and full occupancy. The asset has been meaningfully repositioned, allowing a new owner to step into a fully stabilized investment with limited near-term capital exposure and current income of $30,250 per month. With high barriers to entry and limited turnover, the property is ideally suited for a 1031 exchange buyer, private investor, or family office seeking stable income and long-term capital preservation in Santa Barbara.
Location
State CA
County Santa Barbara
Community 15 Or 20 - Downtown
Interior
Heating Other
Laundry Laundry Room, In Unit
Exterior
Parking Features Uncovered
Building
Lot Description Near Public Transit
Foundation Slab, Pier & Post
New Construction No
Others
Tax ID 039-061-022
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
Listed by Beachside Partners