858-525-5007

1924 San Pascual, Santa Barbara CA 93101 | $4,895,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 17859.6 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1964
  • MLS#: V1-23995
  • Community: VC81 - Santa Barbara

Listing provided courtesy of Randy Freed of Berkshire Hathaway HomeServices California Properties. Last updated 2024-11-29 09:11:24.000000. Listing information © 2024 SANDICOR.

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.

More Details

0.41 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985