Active
1924 San Pascual Street
SANTA BARBARA CA, 93101
$5,250,000
Active
3 Beds
3 Baths
Residential
Built in 1964
Courtesy of Randy Freed & Kellie Clenet, Berkshire Hathaway HomeServices California Properties
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. OPEN THURS. MAY 9th, 11am-1:30pm.
24-1428
MLSⓇ ID
May 3, 2024
Listed
May 11, 2024
Updated
Map
1924 San Pascual Street
SANTA BARBARA CA, 93101
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.41 Acres
Lot Features
Near Public Transit
School Information
High School
S.B. Sr.
Elementary School
Harding
Other Property Details
Area Name
20 - SB/WEST OF STATE
Days on Market
9
Garage
No
Parking
Uncovered
Parking Total
15
View
No
County
Santa Barbara
Pool
No
Zoning
R-3
Buyer Agency Compensation
2.5%
Listed by Berkshire Hathaway HomeServices California Properties, Randy Freed & Kellie Clenet,
Listing Contact: [email protected]
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Data last updated 5:08 PM UTC, 5/11/2024
