120 N La Cumbre Rd - Apartments FOR SALE
Santa Barbara, CA 93110 |
120 N La Cumbre Rd
Santa Barbara, CA 93110
HIGHLIGHTS
- Financial Analysis & OM Available by Listing Agents
- 40% upside in rents in well maintained courtyard property with mature palms and grassy areas - Individually metered
- Upstairs units have higher - vaulted ceilings, mid century modern architecture
- Walk to state street, La Cumbre plaza, Hope Ranch - 4 blocks to 101 Fwy
- 1 Acre Lot has room to add ADU's - True Value Add for next level property in one of the best locations in SB
- SB has a housing shortage resulting in high occupancies, where such properties and rentals have huge demand and upside
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
La Cumbre Plaza Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
36438
STORIES
2
YEAR BUILT
1963
PARKING SPACES
48
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
057-240-025
