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1323 Olive St
Santa Barbara, CA 93101
Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.29 AC
Building Size 4,500 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1949/2012
Parking Ratio 1.11/1,000 SF
Zoning R-3

Amenities

Site Amenities

  • Fenced Lot
  • Laundry Facilities
  • Storage Space
  • Bicycle Storage
  • Sundeck

About 1323 OLIVE ST , SANTA BARBARA, CA 93101

1323 Olive Street is a 5-unit apartment building with an excellent location on the upper east side in Santa Barbara. This property has been under the same ownership for more than 33 years. Unit mix features (3) 2BD/1BA, (1) 1BD/1BA and a Studio. Apartments are spread out amongst three buildings with each unit having an off-street parking space. There are an additional 3 garages along with a large 400 SF workshop on the 12,632 SF Lot. *Cap Rate and Income is Pro-Forma* Please email jon@beachsidepartners.com or call (805)626-0112 for more information.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - 850 - 1,100
1+1 1 - 750
Studios 1 - 400

Property Taxes

Property Taxes

Parcel Number
029-085-011
Land Assessment
$1,203,008
Improvements Assessment
$909,722
Total Assessment
$2,112,730
  • Listing ID: 19133746

  • Date on Market: 4/7/2020

  • Last Updated:

  • Address: 1323 Olive St, Santa Barbara, CA 93101

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