DOWNTOWN SB MULTI-UNIT INVESTMENT OPPORTUNITY (#2). 1930's Craftsman triplex situated on approximately .17 acre in a prime downtown Santa Barbara location. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, hotel/bed & breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (1)1BD/1BA, (1)2BD/1BA & (1) Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown/State Street, The Public Market & SB Theatre District. Offered individually or together with adjacent property (1225/1227 Bath Street). Do not go onto property without an appointment.
Property Details
Property Features
Property Information:
Year Built: 1930
Living Area: 2,000 SqFt
Listing Office:
Office Name: Compass
Office Phone: (805) 253-7700
Listing Agent: Chris W Hunt
Interior Features
Interior Information:
Flooring Type: Hardwood, Other
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Other
School Info
Assigned Schools Information:
Santa Barbara Senior High School, Public District Grades 9-12
Santa Barbara Junior High School, Public District Grades 7-8
Santa Barbara Community Academy, Public District Grades KG-6
Peabody Charter, Public Charter Grades KG-6
Price Information
Listing Price Info
Price Summary:
List Price: $1,700,000
Price Per SqFt: $850/SqFt
Tax Information:
Annual Amount: $3,448
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: Santa Barbara Multiple Listing Service
MLS Number: #24-327
Listing Office:
Office Name: Compass
Office Phone: (805) 253-7700
Listing Agent: Chris W Hunt
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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, Broker/Agent has not and will 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 1:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,448
$325,434
2020
$3,448
$322,098
2019
$3,339
$315,783
2018
$3,340
$309,592
2017
$3,230
$303,522
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,552
Per Month
Principal & Interest
$8,485
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,163
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school1.06 miles
Public District Grades KG-6
6
/10
Peabody Charter
3018 Calle Noguera
Distance between this listing and this school1.83 miles
Public Charter Grades KG-6
Middle School
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school1.24 miles
Public District Grades 7-8
High School
6
/10
Santa Barbara Senior High School
700 E Anapamu St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
Assigned Schools
4
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school1.06 miles
Public District Grades KG-6
6
/10
Peabody Charter
3018 Calle Noguera
Distance between this listing and this school1.83 miles
Public Charter Grades KG-6
Nearby Schools
5
/10
Harding University Partnership
1625 Robbins St
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Assigned Schools
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school1.24 miles
Public District Grades 7-8
Nearby Schools
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school1.00 miles
Public District Grades 7-8
6
/10
La Colina Junior High School
4025 Foothill Rd
Distance between this listing and this school3.35 miles
Public District Grades 7-8
Assigned Schools
6
/10
Santa Barbara Senior High School
700 E Anapamu St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
Nearby Schools
6
/10
San Marcos Senior High School
4750 Hollister Ave
Distance between this listing and this school4.60 miles
Public District Grades 9-12
7
/10
Dos Pueblos Senior High School
7266 Alameda Ave
Distance between this listing and this school9.78 miles
The neighbors living near this home have an average income of $37,500. Typical income of Santa Barbara County, CA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 1229 Bath St in Santa Barbara, CA and zip code 93101 in the Downtown neighborhood. This 2,000 square foot home, which was built in 1930, sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $1,700,000.
Over 65 listings were sold over their listed price in April 2024 in Santa Barbara County, CA. In the same period over 80 listings were sold below the listed price and 33 listings were sold for the listed price. The inventory of homes for sale in Santa Barbara County, CA between March 2024 and April 2024 increased by 12.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $1,256,464 during the same period.
From Rocket Homes Real Estate and based on county public records data.