Property Details
About this Property
Enjoy the benefits of a short-term typical investor return for the area, while working to realize significant long-term upside (5%-6%+ cap rate) which may be attainable for this central Santa Barbara multi-family asset. The location is a few blocks to Cottage Hospital, and within 1-2 miles of several other major employment centers and the signature Santa Barbara amenities of downtown restaurants/retail, the Theater/Arts district, the waterfront/beaches, and Santa Barbara City College. Along with close proximity to freeway access and artery streets allowing tenants ease-of-access, these factors combine to generate unmatched tenant demand. Recent upgrades include a brand-new roof and sewer lateral improvements. See Offering Memorandum in Documents.
MLS Listing Information
MLS #
CRV1-23995
MLS Source
California Regional MLS
Interior Features
Appliances
Other, Oven - Gas
Laundry
Community Facility
Cooling
None
Heating
Floor Furnace
Exterior Features
Roof
Composition
Foundation
Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Other, Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Randy Freed
Berkshire Hathaway HomeServices California Propert
License #: 00624274
Phone: (805) 895-1799
Co-Listing Agent
Ken Switzer
License #: 01245644
Phone: (805) 680-4622
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1924 San Pascual St is a Residential Income in Santa Barbara, CA 93101. This – square foot property sits on a 0 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,790,000 and was built in 1964. This address can also be written as 1924 San Pascual St, Santa Barbara, CA 93101.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Randy Freed, (805) 895-1799
