Located at the corner of Haley and Quarantina streets in the Laguna District, 706 E Haley Street is an extensively rebuilt/remodeled, three-building, mixed-use property consisting of three separate commercial suites, five apartment units, and three one-car garages. The main structure and garages were rebuilt from the studs up in 2016 and the freestanding corner commercial building was completed in 2023, creating a top-quality property in like-new condition. All five residential units offer upscale living in a close-to-downtown location that’s within walking distance of restaurants, breweries, wineries, parks, the beach and Santa Barbara’s famous Funk Zone. Each unit has designer lighting, stainless steel appliances, washer/dryer, and decorative laminate flooring throughout. All units share a community patio area featuring seating and a BBQ pit while three of the units have their own private rear patios. The commercial suites provide a modern sophistication uncommon for Santa Barbara’s commercial market with an exposed-truss ceiling, metal HVAC ducting, LED lighting and loading capabilities for warehouse and storage needs. This premier property can be delivered 100% occupied with the Seller leasing back their 1,474 SF office at $3.50 MGR for three years with a three-year option to extend; or, the Seller can deliver their office and all the garages vacant at close of escrow. New Price: $3,395,000 Cap Rate: 5.22% (current) 5.52% (AB 1482) 5.80% (market) Size: 706 E Haley 3,721 SF (comm + 5 apt) 708 E Haley 588 SF (comm) Total 4,309 SF Garages & Storage: 3 x 191 SF garages, and 211 SF of storage and restroom for commercial Parcel Size: Approx. 10,454 SF APN: 031-301-023 Year Remodeled/Built: 2016 (706 E Haley St) and 2023 (708 E Haley St) Roof: New in 2016 and 2023 HVAC: Commercial suites only Solar: Yes, owned by seller Parking: Five uncovered (1 ADA) and 3 garages To Show: Call Listing Agent