440 Por La Mar Drive
$7,400,000
2
1
7,006
7,006
$1,056
Description
The sky's the limit for this ultra-rare waterfront-area 8-unit multi-family offering steps to Santa Barbara's best beach East Beach. Currently operated as standard long-term unfurnished rental apartments, the location of the building in the Coastal Zone and R-4 could allow for shorter-term rental uses. Other creative higher-return uses such as furnished long-term luxury rentals, corporate rentals or specialty group rentals are all possibilities in this A++ location. 2 of the 8 units have been kept...The sky's the limit for this ultra-rare waterfront-area 8-unit multi-family offering steps to Santa Barbara's best beach East Beach. Currently operated as standard long-term unfurnished rental apartments, the location of the building in the Coastal Zone and R-4 could allow for shorter-term rental uses. Other creative higher-return uses such as furnished long-term luxury rentals, corporate rentals or specialty group rentals are all possibilities in this A++ location. 2 of the 8 units have been kept intentionally vacant for the next owner to have a head start on re-positioning the property for their preferences. The property's current good condition is reflective of 20+ years of local pride-of-ownership hands-on management; 6 of the 8 units include various levels of existing upgrades,
- Listed by Ken Switzer • DRE #01245644 • Berkshire Hathaway HomeServices California PropertiesP: (805)-680-4622 C: (805)-680-4622 kenswitzer1@yahoo.com
Property Details for 440 Por La Mar Drive
MLS Neighborhood
15 - East Beach
ZoningR-4
Zoning:R-4Yes
Location Info:Cross StreetOrilla Del Mar
Property Information:Recurring FeesNo
LISTING UPDATED: 10/31/2024 03:18 PM
Property Details for 440 Por La Mar Drive
Status | Active |
---|---|
MLS # | 24-3381 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1957 |
Lot Size | 0.25 AC / 10,890 SF |
County | Santa Barbara County |
Building Information for 440 Por La Mar Drive
Stories2Residences8Year Built1957Building Size-Lot Size0.25 AC / 10,890 SF
Property Information for 440 Por La Mar Drive
Property History for 440 Por La Mar Drive
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 440 Por La Mar Drive
Taxable ValueLand$1,071,039Additions$1,512,083Total$2,583,122
Tax Record2024$27,366 ($2,280 / month)
Home Facts
Lot Size10,890 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN017-322-006
Schools near 440 Por La Mar Drive
This home is within Santa Barbara Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 6 |
Rating | School | Distance |
---|---|---|
Cleveland Elementary School PublicK to 6 | ||
Santa Barbara Junior High School Public7 to 8 | ||
Santa Barbara Senior High School Public9 to 12 | ||
Adelante Charter School CharterK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.