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8 Beds
6 Baths
46,844 sqft

$24,750,000

1402 San Pascual Street, SANTA BARBARA CA, 93101

Price per sqft$528.35
Built in1969
Property size46,844 sqft
Property typeResidential
Courtesy of Steven J Golis, Radius Group Commercial R.E.

Overview

Active

Listed Nov 11, 2026

Updated 10h ago

CityWalk Apartments: a 75-unit Westside Santa Barbara community at 1402/1404 San Pascual St. Seven two-story buildings on 2.09 acres across two parcels, built in 1972, with about 46,844 SF of buildings and 92 parking spaces. Unit mix of 29 one-bed, 45 two-bed and a three-bed leasing office. All 74 rentable units are occupied, and current rents sit well below the property's own recent leases, giving a buyer significant upside on turnover. Recent work: re-roof permits for all seven buildings 2020, partial sewer lateral replacement 2023, rebuilt sump pumps and new owner-owned laundry machines 2026, plus Square D breaker panels. About 4 min to State Street, 5 to downtown, Cottage Hospital and the Funk Zone. Buyer to verify all information.

$164,662/mo

Est. mortgage payment based on a $24,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-3786

Interior Features

Bedrooms
8
Bathrooms
6
Basement
No

Exterior Features

Lot Size
2.09 Acres

Listed by Radius Group Commercial R.E., Steven J Golis,
Listing Contact: [email protected] 

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Data last updated 4:25 AM UTC, 11/12/2026

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