Pending
1924 San Pascual Street
SANTA BARBARA CA, 93101
$4,895,000
Pending
3 Beds
3 Baths
Residential
Built in 1964
Courtesy of Randy Freed & Kellie Clenet, Berkshire Hathaway HomeServices California Properties
Prime investment opportunity with this centrally located, 14-unit multi-family property, just blocks from Cottage Hospital and close to downtown Santa Barbara's employment hubs, dining, shopping, and beaches. The 2-story building offers two 2-bed/1-bath and twelve 1-bed/1-bath apartments, all with easy access to major transit routes. Recent enhancements include a new roof, resurfaced driveway, updated parking, and sewer upgrades, contributing to strong tenant appeal. Achieve steady returns with significant long-term upside potential (5-6%+ cap rate possible). Offering Memorandum available in Documents; inspections upon request.
24-1428
MLSⓇ ID
November 9, 2024
Listed
November 16, 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
146
Garage
No
Parking
Uncovered
Parking Total
15
View
No
County
Santa Barbara
Pool
No
Zoning
R-3
Listing History
Date | Event | Price |
|---|---|---|
11/16/2024 | Pending | — |
11/9/2024 | Price change | $4,895,000 -2% |
11/9/2024 | Active | — |
9/19/2024 | Pending | — |
7/9/2024 | Price change | $4,950,000 -6% |
Listed by Berkshire Hathaway HomeServices California Properties, Randy Freed & Kellie Clenet,
Listing Contact: [email protected]
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Data last updated 6:39 AM UTC, 11/16/2024
