$24,750,000

Multi Family in Santa Barbara

  • 46,800 Sqft
  • 2.09 Ac lot
  • Updated: Yesterday
  • Source:
    North Santa Barbara County Regional MLS  MLS#26002285

About the Property

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, givin
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.
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  • Property type

    Other

  • Year built

    1972

  • Price/sqft

    $528

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1402 San Pascual Street, Santa Barbara, California, United States View on Google Maps
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Radius Commercial RE - Santa Barbara

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Radius Commercial RE - Santa Barbara
California, United States
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2026
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Radius Commercial RE - Santa Barbara
Santa Barbara, California, United States
View agency profile
Last updated
Yesterday
First listed
November 14
Listing reference
26002285
Listing status
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