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$2,400,000
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Property Description
2020 Chapala features 2 buildings totaling approx 4068 square feet in a prime Santa Barbara location on a commercially zoned half acre site. There is a 2803 sq/ft chapel and a 1265 sq/ft office building. The monthly rent is $10,660. The lease ends 9/30/23 and the tenant has one option to extend for a 3 year period commencing 10/1/23. For investor buyers, a long term lease with this tenant is very likely. For a buyer looking to occupy this property, the current revenue could be beneficial for planning during the remainder of the existing lease. The front building is a former church and historic landmark and has also been used for a computer business and then an architecture firm. The redwood chapel has a large congregation seating area, 3 offices, a waiting room, 2 restrooms,
Full Property Details
Full Property Details for 2020 Chapala St
General
- Sold For: $2,400,000
- Status: Closed
- Type: Commercial Lease
- Source: SBAOR
- MLS ID: 22-2216
- Added to Site: 1, 319 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Parking Features: Uncovered
Location
- Area: 20 - SB/WEST OF STATE
- Cross Streets: Mission St
- Driving Directions: Highway 101, -> exit Mission St -> North on Mission and left turn (west) on Chapala St.
Heating & Cooling
- Cooling Type: GFA
- Heating Type: GFA
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,050
Disclosures and Reports
- Reports: Appraisal, Prelim
Listed by Sotheby's International Realty
Sold by Sotheby's International Realty
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Schools
Schools serving 2020 Chapala St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 1.6 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2020 Chapala St
Date
Details
Price
Change
Source
3/28/2023
Sold
$2,400,000
-10.95%
MLS
7/02/2022
Listed
$2,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2020 Chapala Street, Santa Barbara, CA 93105 (MLS# 22-2216) is a Commercial Lease property that was sold at $2,400,000 on March 28, 2023. Want to learn more about 2020 Chapala Street? Do you have questions about finding other Commercial Lease real estate for sale in West of State? You can browse all West of State real estate or contact a Coldwell Banker agent to request more information.

