3963 Via Lucero, Santa Barbara, CA 93110
SOLDDEC 14, 2023

3963 Via Lucero
Santa Barbara, CA 93110

North State
  • 25 Beds
  • 12,484 sqft (on 0.50 acres)
  • 25 Beds
  • 12,484 sqft (on 0.50 acres)

$5,475,000

Last Sold: Dec 14, 2023
12% below list $6.25M
$439/sqft
Est. Refi. Payment $34,009/mo*
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Homes for Sale Near 3963 Via Lucero

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Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from December 14, 2023
3963 Via Lucero is a conveniently located multi-family property on a tree-lined street in the upper State St. area of Santa Barbara and with a WalkScore(r) of 78, allowing tenants to enjoy easy access to all that Santa Barbara has to offer. Property is comprised of 3 buildings with (9) 2Bed/1Bath, (6) 1Bed/1Bath, and (1) Studio surrounding an inviting pool. Property was originally built in 1963 and tenants enjoy 9 covered carports and 11 uncovered parking spaces and a common area laundry room. Electric and gas utilities are individually metered.Gross Rent, GRM, and CAP based on proforma rents. Property may be purchased with 427 W Islay St, a 22-unit apartment building.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$439/sqft
Listed
180+ days ago

Home Details for 3963 Via Lucero

Interior Features

Beds & Baths
Number of Bedrooms: 25
Dimensions and Layout
Living Area: 12484 Square Feet
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Slab

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 057233021

Price & Status

Price
List Price: $6,250,000Price Per Sqft: $439/sqft
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: Santa Barbara

Building

Building Area
Building Area: 12484 Square Feet

Lot Information

Lot Area: 0.50 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, New Loan

Compensation

Buyer Agency Commission: 2.00Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23001565Living Area Range Units: Square Feet
Last check for updates: 1 day ago
Listed by Steven R Battaglia DRE#: 01318215, (805) 688-5333
Battaglia Commercial RE
Bought with: Christos Celmayster DRE#: 01342996, (805) 563-2111, Hayes Commercial Group, Inc.
Source: North Santa Barbara County MLS, MLS#23001565

Price History for 3963 Via Lucero

DatePriceEventSource
12/14/2023$5,475,000Sold
North Santa Barbara County MLS #23001565
10/16/2023$6,250,000PendingCRMLS #PI23170416
09/27/2023$6,250,000ContingentCRMLS #PI23170416
09/27/2023$6,250,000PendingSBMLS #23-2715
09/12/2023$6,250,000Listed For SaleSBMLS #23-2715

Comparable Sales for 3963 Via Lucero

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
285 Sherwood Dr, Santa Barbara, CA
1.06
Multi-Family Home
$1,750,000
02/01/24
16
10
3,489
427 W Islay St, Santa Barbara, CA
2.42
Multi-Family Home
$4,360,000
12/15/23
22
-
7,088
E Valerio St, Santa Barbara, CA
2.48
Multi-Family Home
-
01/05/24
3
2
5,570

Assigned Schools

These are the assigned schools for 3963 Via Lucero.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

North State
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North State

  • Elizabeth C.
    "My commute is easy but long. I drive 40 minutes for 23 miles at 6:30 in the morning. It gets old fairly quickly."
    3
    Flag
  • Sb101_girl04
    "I have lived her over 4 yrs. It’s a very nice and friendly area but most seem private and reserved, staying out of each other’s business."
    2
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided
Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS®, Inc. Copyright 2024, Santa Maria Association of REALTORS®, Inc. Copyright 2024; Santa Ynez Valley Association of REALTORS®, Inc. Copyright 2024. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3963 Via Lucero

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Off Market Homes Near 3963 Via Lucero

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3963 Via Lucero, Santa Barbara, CA 93110 is a 25 bedroom, 12,484 sqft multi-family built in 1963. 3963 Via Lucero is located in North State, Santa Barbara. This property is not currently available for sale. 3963 Via Lucero was last sold on Dec 14, 2023 for $5,475,000 (12% lower than the asking price of $6,250,000). The current Trulia Estimate for 3963 Via Lucero is $5,751,800.