Sold
Closed
1924 San Pascual Street
SANTA BARBARA CA, 93101
$4,790,000
Sold
Closed
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 27, 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 |
|---|---|---|
11/26/2024 | Sold | $4,790,000 |
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]
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service, the listing broker(s), the owner of this site, nor Luxury Presence shall be responsible for any typographical errors, misinformation, or misprints.
©2024 Santa Barbara Association of REALTORS. All rights reserved.
Data last updated 12:19 AM UTC, 11/27/2024
