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    1014-1016 Garden Street

    Santa Barbara, CA 93101
    • $4,295,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 21-178
    UPDATED: 61 min ago
    $4,295,000
    • 4
      BEDS
    • 0.12
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,612
      SQFT
    • $931
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2007
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Jjs Investment Group, Inc..

    Description

    SETTING UP SHOWINGS (2/4 & 2/5) from 2-5 p.m. Incredible luxury duplex opportunity! Located in a downtown neighborhood filled with history, beauty and charm, 1014 & 1016 Garden Street provides the opportunity to invest in two beautifully designed 2 bedroom, 2 bathroom townhomes located in the heart of Santa Barbara.Built in the same Andalusian style as the Santa Barbara Courthouse and completed in 2007, each townhome is approximately 2,300 SF. Rich hardwood floors, marble countertops, custom tile and stone work, Viking appliances, and three gas fireplaces - including the rooftop terraces - are just some of the luxurious amenities. The property has a shared elevator connecting the enclosed off-street garage with the main floor living and third floor primary suites.Live in one townhome and lease out the other (located in the favorable commercial zone (C-G), which allows for short term rentals with a permit - potential to generate up to $26,000+ per month total / $13,000+ per townhome - 4.5% pro-forma cap rate), use the entire property as a live/work environment, dual living opportunities for family members or friends, condo the units and sell them off individually, or with some modification create one magnificent large residence. The condo process was previously started. Contact Broker for more info. 1014 Garden Street is currently leased UNFURNISHED for $7,500/month with a two-year lease expiring August 2022. 1016 Garden is currently leased as a FURNISHED rental on a M-T-M basis for $7,500/month and can be available with 60 days notice. Enjoy the incredible unobstructed Riviera views from the rooftop terrace of 1016 Garden St., while receiving long term guaranteed income from 1014 Garden St. Each townhome has 2 dedicated parking spaces in a private and secure garage. The primary bedroom on the main level has generous closets as well as an attached bathroom with a shower-tub combination. The third-floor primary suite features a custom gas fireplace, separate shower and jacuzzi tub, walk-in closet and French doors that open to a beautiful private rooftop terrace - perfect for relaxing or entertaining guests. While both terraces have views that include peaks of the ocean, 1016 faces the mountains and has incredible views of the Riviera, while 1014 has views of downtown. With a walk score of 90, these townhomes are ideally situated to vibrant downtown Santa Barbara, while maintaining privacy on a tree-lined street. Walk easily to all the shops, restaurants, museums and experiences that Downtown Santa Barbara has to offer. *Please note that photos shown are from when both townhomes were fully furnished by Owner.

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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-02-25T21:47:24.523. 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. Data last updated 2021-02-25T21:47:24.523.
    www.theziagroup.com/homes/113597911
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    1014-1016 Garden Street Santa Barbara, CA 93101

    • Price: $4,295,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 21-178
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,612
    SQFT
    $931
    $/SQFT
    2007
    Built
    Neighborhood:
    15 Or 20 - Downtown
    County:
    Santa Barbara
    Area:
    SB/East of State
    Elementary School:
    Roosevelt
    Middle School:
    S.B. Jr.
    High School:
    S.B. Sr.
    Property Description
    SETTING UP SHOWINGS (2/4 & 2/5) from 2-5 p.m. Incredible luxury duplex opportunity! Located in a downtown neighborhood filled with history, beauty and charm, 1014 & 1016 Garden Street provides the opportunity to invest in two beautifully designed 2 bedroom, 2 bathroom townhomes located in the heart of Santa Barbara.Built in the same Andalusian style as the Santa Barbara Courthouse and completed in 2007, each townhome is approximately 2,300 SF. Rich hardwood floors, marble countertops, custom tile and stone work, Viking appliances, and three gas fireplaces - including the rooftop terraces - are just some of the luxurious amenities. The property has a shared elevator connecting the enclosed off-street garage with the main floor living and third floor primary suites.Live in one townhome and lease out the other (located in the favorable commercial zone (C-G), which allows for short term rentals with a permit - potential to generate up to $26,000+ per month total / $13,000+ per townhome - 4.5% pro-forma cap rate), use the entire property as a live/work environment, dual living opportunities for family members or friends, condo the units and sell them off individually, or with some modification create one magnificent large residence. The condo process was previously started. Contact Broker for more info. 1014 Garden Street is currently leased UNFURNISHED for $7,500/month with a two-year lease expiring August 2022. 1016 Garden is currently leased as a FURNISHED rental on a M-T-M basis for $7,500/month and can be available with 60 days notice. Enjoy the incredible unobstructed Riviera views from the rooftop terrace of 1016 Garden St., while receiving long term guaranteed income from 1014 Garden St. Each townhome has 2 dedicated parking spaces in a private and secure garage. The primary bedroom on the main level has generous closets as well as an attached bathroom with a shower-tub combination. The third-floor primary suite features a custom gas fireplace, separate shower and jacuzzi tub, walk-in closet and French doors that open to a beautiful private rooftop terrace - perfect for relaxing or entertaining guests. While both terraces have views that include peaks of the ocean, 1016 faces the mountains and has incredible views of the Riviera, while 1014 has views of downtown. With a walk score of 90, these townhomes are ideally situated to vibrant downtown Santa Barbara, while maintaining privacy on a tree-lined street. Walk easily to all the shops, restaurants, museums and experiences that Downtown Santa Barbara has to offer. *Please note that photos shown are from when both townhomes were fully furnished by Owner.
    Exterior Features

    Construction Tri-Level Exterior Concrete BlockStucco Grounds Landscaping DeckFenced: Prt Location Topography Level Parking Garage AttachedInterior Access Roof Tile Style MeditSpanishTownhouse View MountainOcean

    Interior Features

    Appliances Included DishwasherDisposalDryerGas Rnge/CooktopGas StoveMicrowaveOven/Rnge/Blt-InRefrigWasherWtr Softener/Owned Fireplaces 2+GasPatio Floor Window Coverings HardwoodMarbleStoneTile Heating Cooling A/C Central Total Bathrooms 4.00

    Property Features

    Affordable Housing No Condition Excellent Contingent Remarks Exchange Cross Street E Carrillo Street Deposit 3.00 Foundation Other Handicapped Access Elevator Laundry In-unit Proximity Near BusNear HospitalNear OceanNear Park(S)Near School(S)Near Shopping Public Listing Details Agt Related Prncpl Recurring Fees No Reports Available Nhd Source Public Records Terms CashExchange Total Number Of Units 2 Type Home/Estate Water Sewer S.B. Wtr Within City Limits No Zoning C-2

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of Jjs Investment Group, Inc..



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-02-25T21:47:24.523. 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. Data last updated 2021-02-25T21:47:24.523.
     
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    The Zia Group | Keller Williams Santa Barbara
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Jjs Investment Group, Inc..