Sold
Closed
427 W Montecito Street
SANTA BARBARA CA, 93101
$4,800,000
$664.36 per sqft
Sold
Closed
3 Beds
3 Baths
7,225 sqft
Residential
Built in 1962
Courtesy of Steven Battaglia, Battaglia Commercial Real Esta
Twilight Apartments is a well-located multi-family property in Santa Barbara's West Beach area, close to Santa Barbara Harbor, West Beach, Santa Barbara City College, Pershing Park, and all that Santa Barbara's waterfront has to offer. Property consists of (1) 2Bed/1Bath, (6) 1Bed/1Bath, and (12) Studios, for a total of 19 units in 2 buildings. Property was originally built in 1962 and has a Certificate of Occupancy as apartments. R4 zoning provides investors flexibility on whether to keep a long term rental or use as student housing or convert to hotel/hospitality. All utilities are master metered. Studio apartments have compact kitchenettes. There are 19 tuck-under parking spaces and a common area laundry room. Income and GRM shown is Proforma.
23-2686
MLSⓇ ID
September 8, 2023
Listed
November 22, 2024
Updated
Map
427 W Montecito Street
SANTA BARBARA CA, 93101
Interior Features
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.24 Acres
School Information
High School
Other
Elementary School
Other
Other Property Details
Area Name
30 - SB/GOL SOUTH
Days on Market
50
Garage
No
Parking
Carport
Parking Total
19
View
No
County
Santa Barbara
Pool
No
Zoning
R-4
Listing History
Date | Event | Price |
|---|---|---|
12/30/2023 | Price change | $4,800,000 -20% |
12/30/2023 | Sold | $4,800,000 |
10/27/2023 | Pending | — |
Listed by Battaglia Commercial Real Esta, Steven Battaglia,
Listing Contact: [email protected]
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Data last updated 2:25 PM UTC, 11/22/2024
