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1221 Chapala St 7,815 SF 100% Leased Office Building Santa Barbara, CA 93101 $4,750,000 ($607.81/SF)
INVESTMENT HIGHLIGHTS
- Location, Architecture, Residential Penthouse With Views, Parking
EXECUTIVE SUMMARY
Downtown Santa Barbara 3-story mixed-use trophy building with approximately 7,815/ft of fully leased office/retail/residential space. Located on the 3rd floor is an approx. 2,370 sq/ft 2-bedroom 2-bath penthouse w/roof deck/spa & 360 degree views of Santa Barbara. Located on the ground floor is approx. 2,750sq/ft retail/commercial/ office space. The second floor is approximately. 2,695 sq/ft multiple office spaces, a break room area & large, private view deck. Elevator service to all floors. 12 designated parking spaces plus city parking across the street. One block off State St, close to the downtown historical theater arts section. across from SB Public Market, Vic, Arlington & Granada Theaters. Enjoy restaurants, shops & downtown amenities. A rare & unique offering. Gross annual income is $265,000. Property Website link: https://www.1221chapala.com
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,815 SF
Building Class
B
Year Built
1987
Price
$4,750,000
Price Per SF
$607.81
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,605 SF
Building FAR
1.06
Lot Size
0.17 AC
Zoning
C2 - General Commercial
Parking
12 Spaces (1.54 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
- Roof Terrace
- Outdoor Seating
- Air Conditioning
- Balcony
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Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 039-172-002 | Improvements Assessment | $1,994,906 |
| Land Assessment | $1,046,710 | Total Assessment | $3,041,616 |
PROPERTY TAXES
Parcel Number
039-172-002
Land Assessment
$1,046,710
Improvements Assessment
$1,994,906
Total Assessment
$3,041,616
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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1221 Chapala St
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