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111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
111 Chapala Street
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111 Chapala Street
111 Chapala Street
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111 Chapala Street
Courtesy of Ken Switzer, Berkshire Hathaway HomeServices California Properties
For Sale

111 Chapala Street

111 Chapala Street, SANTA BARBARA, CA 93101

$8,950,000
Recognized as one of Santa Barbara's most iconic and cherished apartment properties, La Casa Rosalia is for sale for the 1st time in nearly 40 years. In a premium West Beach location 1.5 blocks to the waterfront and 1 block to State Street, the property is a crowning example of local Spanish Colonial architecture at its peak era, designed in 1930 by E. Keith Lockard. Today the 17 total units in 3 buildings are ready for the generational investor to claim a trophy property with an unmatched long-term upside potential, plus possible Mills Act tax benefits and R-4/Coastal zoning. The 11,675+/-SF measured gross living area = ~$900/SF, perhaps half of the market value for the area of a future renovated complex. Unbranded OM available in Documents. Don't miss a true one-of-a-kind opportunity!

3
beds

2
baths

11,675 Sq.Ft. LIVING AREA

0.43 Acres lot

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathroom1
  • half bathroom1
  • Laundry room Laundry Room
  • Flooring Vinyl, Carpet, Hardwood

Area & Lot

  • Status For Sale
  • Living Area11,675 Sq.Ft.
  • Lot Area0.43 Acres
  • MLS® ID25-3487
  • TypeResidential
  • YEAR BUILT1930
  • Elementary SchoolMcKinley
  • Middle SchoolS.B. Jr.
  • High SchoolS.B. Sr.

Exterior

  • STORIES2
  • lot featuresNear Public Transit
  • parkingOutside, Carport
  • HEAT TYPEWall Furnace
  • SubstructureSlab, Raised

Financial

  • Sales Price$8,950,000
  • Maintenance Fee $65,074/mo
  • Zoning R-4
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I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 111 Chapala Street, SANTA BARBARA, CA 93101. We are reviewing your request and will be in touch shortly!
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Work With Curtis

Curtis approaches his life and profession with enthusiasm, honesty, and integrity. To him, there is nothing more rewarding than helping his clients achieve their homeownership and financial goals. Through robust marketing, skillful negotiation, and exceptional customer service, Curtis offers a full-service, client-first approach to real estate.
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Contact Details

Curtis Swan II | CA DRE# 02049218

Phone

(805) 607-9709

Email

[email protected]

Address

1170 COAST VILLAGE RD MONTECITO, CA 93108

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