1924 San Pascual Street
$4,895,000
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Description
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...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.
- Listed by Randy Freed • DRE #00624274 • Berkshire Hathaway HomeServices California Properties
- Listed by Ken Switzer • DRE #01245644 • Berkshire Hathaway Home Services California Properties
Property Details for 1924 San Pascual Street
Architectural Style
Contemporary
Subdivision NameNot Applicable
Garage Spaces.00
ViewMountain(s)
LISTING UPDATED: 11/11/2024 08:09 PM
Property Details for 1924 San Pascual Street
Status | Active |
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MLS # | V1-23995 |
Days on Market | 172 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.41 AC / 17,860 SF |
County | Santa Barbara County |
Building Information for 1924 San Pascual Street
Stories-Residences-Year Built1964Building Size-Lot Size0.41 AC / 17,860 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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