1924 San Pascual Street
$4,790,000
3
3
—
—
—
Closed 11/26/24
Description
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...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.
- Listed by Randy Freed & Kellie Clenet • DRE #20131217230902415175000000 • Berkshire Hathaway HomeServices California PropertiesP: (805)-895-1799 C: (805)-895-1799 Team@theSantaBarbaralifestyle.com
- Listed by Ken Switzer • DRE #01245644 • Berkshire Hathaway HomeServices California PropertiesP: (805)-680-4622 kenswitzer1@yahoo.com
Property Details for 1924 San Pascual Street
Zoning
R-3
Zoning:R-3Yes
Location Info:Cross StreetMission St
Property Information:Recurring FeesNo
LISTING UPDATED: 11/26/2024 03:48 PM
Property Details for 1924 San Pascual Street
Status | Closed |
---|---|
MLS # | 24-1428 |
Days on Market | 146 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1964 |
Lot Size | 0.41 AC / 17,859 SF |
County | Santa Barbara County |
Building Information for 1924 San Pascual Street
Stories2Residences14Year Built1964Building Size-Lot Size0.41 AC / 17,859 SF
Property Information for 1924 San Pascual Street
Property History for 1924 San Pascual Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1924 San Pascual Street
Taxable ValueLand$3,500,000Additions$1,525,000Total$5,025,000
Tax Record2024$53,188 ($4,432 / month)
Home Facts
Lot Size17,859 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN043-132-013
Schools near 1924 San Pascual Street
This home is within Santa Barbara Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Adams Elementary School PublicK to 6 | ||
La Cumbre Junior High School Public7 to 8 | ||
San Marcos Senior High School Public9 to 12 | ||
Santa Barbara Community Academy PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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