Nestled just two blocks from the Santa Barbara Public Market and minutes from the Theatre District, Bath Street Flats is a boutique Victorian-style property offering a perfect blend of historic charm and modern upgrades. Boasting a 93 Walk Score and 94 Biker's Paradise rating, this prime location places tenants within… Read More easy reach of the city's best dining, shopping, and cultural experiences. Originally built in the Queen Anne architectural style, the property has been restored and upgraded to meet today's standards while maintaining its timeless character. Units have been remodeled with high-end finishes, creating stylish, comfortable living spaces that attract quality tenants.A newly constructed ADU (2022) adds additional value, while off-street parking and a modernized on-site laundry facility further enhance tenant convenience. This is a well stabilized investment opportunity, ideal for a 1031 exchange or long-term hold. With its unbeatable downtown location, consistent rental demand, and exceptional curb appeal, Bath Street Flats stands out as an ideal option for a hands-off investor. Read Less
Property listed by Beachside Partners, Jonathan Standring [email protected]
Listing Snapshot
Days Online
14
Last Updated
Property Type
Other
Lot Size
0.24 Acres
Year Built
1889
MLS Number
V1-32789
30 Days Snapshot Of 93101
$2.92M
+59%
(avg) sold price
2
-33%
homes sold
79
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Washer
Building
Built in 1889, Building area total: 5,555, Levels: MultiSplit, 2 buildings, Architectural style: SeeRemarks, Victorian, Common walls: NoCommonWalls
Community
Biking, Curbs, Sidewalks
Cooling
CentralAir, Zoned
Expenses
Electric expense: $1,057, Fuel expense: $1,870, Insurance expense: $5,298, Operating expense: $104,922, Trash expense: $4,060, Water sewer expense: $2,840
Fence
AverageCondition
Heating
Combination, ForcedAir, Zoned
Income
Gross income: $361,800, Net operating income: $256,878
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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