1315 Bath St
Santa Barbara, CA 93101
Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 15,218 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Zoning | R4 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 15,218 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Balcony
- Patio
Site Amenities
- Laundry Facilities
About 1315 BATH ST , SANTA BARBARA, CA 93101
For sale for the first time in over 40 years, 1315 Bath Street in the premier coastal California boutique community of Santa Barbara, is one of very few apartment offerings that ever become available within true close proximity of downtown Santa Barbara’s most elegant area, the Arts & Theater District. With spacious floorplans and a desirable unit mix of 2 x 2-bed+den/2-bath, 2 x 2-bed/2-bath and 8 x 1-bed/1-bath, the investment makes sense either as a low-risk securely-located diversification for a portfolio, or as an opportunity to take advantage of the A+ location to re-imagine as high-demand downtown luxury apartments, or any scenario in-between (see Offering Memorandum for pro-forma financials for the scenarios). There is extraordinary tenant demand in this location because of its 2-5 block proximity to tenant-rich employers (theaters, museums, shops, 25 restaurants, law offices, government buildings), and because of the attractive fun lifestyle afforded tenants lucky to live so close to these amenities. Rare opportunity!
Property Taxes
| Parcel Number | 039-112-011 | Improvements Assessment | $2,956,124 |
| Land Assessment | $2,231,036 | Total Assessment | $5,187,160 |
Property Taxes
