1915 Chapala Street, Santa Barbara, CA 93101 - Photo 1

1/1

$5,350,000

Sold
Closed
Commercial
15,038 Sq. Ft.
0.66 Acres

1/1

Property Description

Rare opportunity to own two adjacent parcels at one address totaling .66 acres in a prime downtown location. Use or reimagine existing 15,038 square foot tri-level structure on APN 025-363-010 which is .47 acres & zoned R-MH Residential Multi-Unit or Hotel & currently used as a church with commercial kitchen. APN 025-363-009 is .19 acres & zoned C-G Commercial General & currently used as a parking lot. See City of Santa Barbara zoning website for nearly limitless options. Short-term, low rate, interest-only seller financing may be offered up to 70% Loan to Value & maximum of 3 years while approvals/permits are obtained; Subject to seller terms, underwriting, & approval at Seller's sole discretion. Some information available regarding current & proposed easements, repairs, etc.

Full Property Details

Full Property Details for 1915 Chapala St

General

Sold For: $5,350,000
Status: Closed
Type: Commercial
Source: NorthernSantaBarbara
MLS ID: 22001769
Added to Site: 1, 261 day(s) ago

Additional Information

Improvements: Paved Streets, Sidewalks, Street Lights

Location

Area: 99 - Out of Area
County: Santa Barbara
Cross Streets: Mission
Driving Directions: Chapala between Mission & Pedregosa

Heating & Cooling

Cooling Type: None
Heating Type: Other Heat

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Description/Design: None
Roof: Other
Square Feet: 15,038
Sq. Ft. Source: Tax Records
Current Bldg. Use: Free Standing Bldg
Year Built: 1924

Lot Features

Lot Size (Acres): 0.66
Lot Size (Sq. Ft.): 28,750
Lot Size Source: Tax Records
Lot Dimensions: 2 APNs
Building Sites: 1
Potential Use: 2 APNs, Zoning R-MH & C-G allow a multitude of options.
Zoning: Commercial, General Comm, Other, Res Multi-Family

Financial Considerations

Price Per Sq. Ft.: $362
Terms: Cash, New Loan, OMC 1st

Disclosures and Reports

Documents Avail.: Other
Docs Filed: 6
APN: 025-363-010

Listed by Metzner Realty, Paul Metzner
Sold by Unknown Office, Default Non Member

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Listing agent

— 1915 Chapala St —

Paul Metzner

Metzner Realty

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Schools

Schools serving 1915 Chapala St

School District:Santa Barbara Unified School District

Name	Grades	Distance
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103	7-8	1.6 mi
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1915 Chapala St

Date

Details

Price

Change

Source

6/02/2023

Sold

$5,350,000

-1.83%

MLS

10/31/2022

Price Reduced

$5,450,000

-12.8%

MLS

8/03/2022

Listed

$6,250,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed and Sold by Randy Solakian (CalRE#: 00622258)

1915 Chapala Street, Santa Barbara, CA 93101 (MLS# 22001769) is a Commercial property that was sold at $5,350,000 on June 02, 2023. Want to learn more about 1915 Chapala Street? Do you have questions about finding other Commercial real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

1915 Chapala St Santa Barbara, CA 93101