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428 State Street

Santa Barbara, CA 93101
  • $1,995,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 24-1850
UPDATED: 15 min ago
$1,995,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Berkshire Hathaway HomeServices California Properties.

Description

Rare Mixed Use property - 100% leased at 4.52 cap rate. The upstairs residential is a 930 SF, 1 bdrm, 1 bath unit on a month to month lease & is in excellent condition w/ incredible Riviera & mountain views! The downstairs retail space is occupied by a lifestyle clothing boutique from the Lake Tahoe area & is in beautifully remodeled condition with skylight and exposed brick walls. Well located in Santa Barbara's downtown core close to many popular amenities, w/ an abundance of hotels in the mile radius, including the new 46 room Drift Hotel & updated 75 room Santa Barbara Hotel both 1 block away. Other highlights include close proximity to the Gateway of the City's new $11M underpass project integrating beach/Stearns Wharf & Funk Zone to the downtown core

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© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-06-17T06:47:16.707. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-06-17T06:47:16.707.
www.karinamatic.com/homes/151366939
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428 State Street Santa Barbara, CA 93101

  • Price: $1,995,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 15 min ago
  • MLS #: 24-1850
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1930
Built
Neighborhood:
15 Or 20 - Downtown
County:
Santa Barbara
Area:
SB/East of State
Elementary School:
Mckinley
Middle School:
S.B. Jr.
High School:
S.B. Sr.
Property Description
Rare Mixed Use property - 100% leased at 4.52 cap rate. The upstairs residential is a 930 SF, 1 bdrm, 1 bath unit on a month to month lease & is in excellent condition w/ incredible Riviera & mountain views! The downstairs retail space is occupied by a lifestyle clothing boutique from the Lake Tahoe area & is in beautifully remodeled condition with skylight and exposed brick walls. Well located in Santa Barbara's downtown core close to many popular amenities, w/ an abundance of hotels in the mile radius, including the new 46 room Drift Hotel & updated 75 room Santa Barbara Hotel both 1 block away. Other highlights include close proximity to the Gateway of the City's new $11M underpass project integrating beach/Stearns Wharf & Funk Zone to the downtown core
Exterior Features

Foundation Details Slab Parking Features Unc #1

Interior Features

Laundry Features In Unit Unit1 Baths 1 Unit1 Bedrooms 1 Unit1 Half Baths 0

Property Features

Property Condition Excellent Proximity Near Ocean Yes Terms Cash Yes Zoning C-M

Listing information © 2024 Santa Barbara MLS
Listing provided courtesy of Berkshire Hathaway HomeServices California Properties: (805) 969-5026.



© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-06-17T06:47:16.707. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-06-17T06:47:16.707.
 
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Berkshire Hathaway HomeServices California Properties
3868 State St.
Santa Barbara CA, 93105
Listing provided courtesy of Berkshire Hathaway HomeServices California Properties.