130 W Padre St - Apartments FOR SALE


Santa Barbara, CA 93105- Oak Park
$3,250,000 USD
805-680-8806
130 W Padre St, Santa Barbara, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/14
null | 4.75% Cap Rate

130 W Padre St
Santa Barbara, CA 93105
Oak Park


OVERVIEW

New 2023 remodeled multifamily asset located on the corner of W. Padre and De La Vina Streets. This multifamily investment property consists of eight (8) 1BD/1BA apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing & electrical upgrades, and landscaping. This garden-style apartment complex also features on-site laundry and parking, convenient freeway access and walking distance to various restaurants, markets and many other amenities.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$897 USD /SF

# OF UNITS

8

PRICE/UNIT

$406,250

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

W Padre St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R-4

APN/PARCEL ID

025-233-017

ASK ABOUT THIS PROPERTY

Mike LopusColliersMore Info
805-680-8806

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Mike LopusColliersMore Info
805-680-8806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.