Homes for sale - 1416 Bath ST, Santa Barbara, CA 93101

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jonathan Standring • Beachside Partners

$4,950,000

Est. payment - /mo

10,454 Sqft Lot

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-34044

Style Other,Victorian

Year Built 1889

Lot Size 10,454 Sqft

Source California Regional MLS

Property Description

Bath Street Flats is a boutique multifamily investment located in one of Santa Barbara's most supply-constrained downtown submarkets, offering hands-off ownership and durable cash flow. Situated just two blocks from the Santa Barbara Public Market and minutes from the Theatre District, the property benefits from consistent tenant demand, strong rental performance, and full occupancy. The asset has been meaningfully repositioned, allowing a new owner to step into a fully stabilized investment with limited near-term capital exposure and current income of $30,250 per month. With high barriers to entry and limited turnover, the property is ideally suited for a 1031 exchange buyer, private investor, or family office seeking stable income and long-term capital preservation in Santa Barbara.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.

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Interior

Heating Forced Air, 13, Multi Type, Central Forced Air

Cooling Central AC, 9

Laundry In Closet, In Laundry Room, Laundry Area, Washer, Washer/Dryer - Owned, Stacked Only

Exterior

Garage Spaces 8.0

Pool 31, None

View Hills, Local/Neighborhood

Roof Type Other

Building

Story Split Level

Foundation Other

Water District - Public

Architectural Style Other, Victorian

Others

Tax ID 039061022

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1416 Bath ST Santa Barbara, CA 93101

JLee Broker

Key Details

Location

Interior

Exterior

Building

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