Closed
427 W Montecito Street
SANTA BARBARA CA, 93101
$4,800,000
$664.36 per sqft
Closed
3 Beds
3 Baths
7,225 sqft
Residential
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
May 9, 2024
Updated
Map
427 W Montecito Street
SANTA BARBARA CA, 93101
Interior Features
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Patio
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
School Information
High School
Other
Elementary School
Other
Other Property Details
Area Name
30 - SB/GOL SOUTH
Garage
No
Parking Total
19
View
No
County
Santa Barbara
Pool
No
Zoning
R-4
Buyer Agency Compensation
2.5%
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:
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service, the listing broker(s), the owner of this site, nor Luxury Presence shall be responsible for any typographical errors, misinformation, or misprints.
©2024 Santa Barbara Association of REALTORS. All rights reserved.
Data last updated 10:59 AM UTC, 5/9/2024
