Santa Barbara CA Real Estate & Commercial for Sale
1 Properties Found
The median home value in Santa Barbara, CA is $1,790,000.
This is
higher than
the county median home value of $735,000.
The national median home value is $308,980.
The average price of homes sold in Santa Barbara, CA is $1,790,000.
Approximately 38% of Santa Barbara homes are owned,
compared to 56% rented, while
6% are vacant.
Santa Barbara real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Santa Barbara real estate agent to arrange a tour today! Learn more about Santa Barbara.
Introducing Casa Napoli, a meticulously cared for and recently updated 5-unit apartment building nestled in the vibrant heart of Downtown Santa Barbara. Owned by the same family for nearly 50 years, this property exudes pride of ownership. Offering a spacious 3-bedroom, 2-bathroom unit as well as four 1-bedroom, 1-bathroom units totaling 3,360sq.ft., Casa Napoli offers versatile living spaces to suit a variety of lifestyles. Tenant amenities include both covered and uncovered parking for residents, as well as a convenient coin-operated community laundry room. A low maintenance asset with recent upgrades to the property including a brand-new roof over both the building and carport, ABS plastic sewer line, modernized plumbing and electrical systems, dual pane windows, and an extensive interior renovation throughout all units. A rare opportunity to own one of Santa Barbaras sought after apartment buildings! Current rents total $147,000 annually (3.68 cap). Total market rents are projected to be $183,000 annually (4.92 cap). Upon request, the offering memorandum, title report, natural hazards disclosure, reports/inspections and seller disclosures can be provided. Showing by appointment only on 5/3 and 5/8.
