Santa Barbara, CA 93101,1416 Bath ST
Santa Barbara, CA 93101,1416 Bath ST
Santa Barbara, CA 93101,1416 Bath ST
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Melissa Seanez

Melissa Seanez

+1(626) 723-6030
$4,950,000
Est. payment /mo
10,454 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-34044

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1889

Lot Size 10,454 Sqft

Property Sub-Type Apartment

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

Rooms

Basement Sump Pump

Interior

Interior Features Built-in Features, Balcony, Granite Counters, High Ceilings, Open Floorplan, Quartz Counters, Storage

Heating Combination, Central, Ductless, Forced Air, Zoned

Cooling Central Air, Zoned

Fireplace Yes

Appliance Washer

Laundry Common Area, Laundry Closet, Laundry Room, Stacked

Exterior

Fence Average Condition

Pool None

Community Features Biking, Curbs, Sidewalks

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type See Remarks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Multi/Split

Foundation See Remarks

Sewer Public Sewer

Water Public

Architectural Style See Remarks, Victorian

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 039061022

Security Features Smoke Detector(s),Security Lights

Energy Description 1870.0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jonathan Standring Beachside Partners jon@beachsidepartners.com

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Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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