1915 Chapala Street, Santa Barbara, CA 93101

$6,250,000
List Price
$6,250,000
Status
ACTIVE
MLS#
V1-14111
Lot Location
Item1620UnitsAcre, Item2125UnitsAcre, SprinklersNone
Days on Market
17
Property Type
Commercial
Property Sub Type
SpecialPurpose

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.

Additional Information

Cooling Description
None
Exterior Construction
Stucco
Water
Public
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Paul Metzner from Listing Office: Metzner Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.