Active
1924 San Pascual ST
SANTA BARBARA CA, 93101
$4,950,000
Active
16 Beds
14 Baths
Multi-family
Built in 1964
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.
V1-23995VC
MLSⓇ ID
June 7, 2024
Listed
August 29, 2024
Updated
Map
1924 San Pascual ST
SANTA BARBARA CA, 93101
Interior Features
Bedrooms
16
Total Bathrooms
14
Appliances
Community, Refrigerator
Laundry Description
Community
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Floor Furnace
Exterior/Building Features
Lot Size
0.41 Acres
Architectual Style
Contemporary
Roof
Composition
Other Property Details
Area Name
Santa Barbara
Days on Market
82
Garage
No
Parking
Assigned
Parking Total
16
View
Yes
County
Santa Barbara
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
7/9/2024 | Price change | $4,950,000 -6% |
Listed by Randy Freed with Berkshire Hathaway HomeServices California Propert
Listing Contact: (805) 895-1799
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Robert Edie shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/29/2024
