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134 Chapala St
Santa Barbara, CA 93101
Premier Investment/Redevelopment Opportunity · Hospitality Property For Sale · 4,500 SF

Investment Highlights

  • Price Reduced: Now Offered at $3,750,000 ($253/SF Land)
  • Lot Size: Approx. 14,810 SF
  • Zoning: Commercial Hotel
  • Building Size: Approx. 4,500 SF ($833/SF Building)
  • Number of Beds: 40-80
  • Parking: 11 Spaces | Floors: One (1)

Property Facts

Property Type Hospitality
Property Subtype Hostel
Building Class C
Lot Size 0.34 AC
Building Size 4,500 SF
No. Stories 1
Year Built/Renovated 1970/2023
Tenancy Single
Parking Ratio 2.44/1,000 SF
Corridor Interior
Zoning HRC - Zoning is HRC-2-SD-3; CUP with 66 bed hostel, 2 private rooms.

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

About 134 CHAPALA ST , SANTA BARBARA, CA 93101

PRICE REDUCTION! This amazing property represents one of the last unrealized development opportunities in Santa Barbara this close to the ocean. Located in the prized West Beach neighborhood, the “Gateway to the City,” just beyond the Moxi Museum and Hotel Californian, this 15,000 SF parcel is perfectly situated for a boutique hotel, hostel or possible vacation rental. Overlooking the creek and with ocean view potential, this property has extremely attractive characteristics from a hospitality standpoint. The building was previously used as a youth hostel for travelling tourists and surfers and was temporarily shut down due to the Mission Creek restoration project in 2013.

Property Taxes

Property Taxes

Parcel Number
033-074-001
Land Assessment
$1,591,812
Improvements Assessment
$2,387,718
Total Assessment
$3,979,530
  • Listing ID: 16856170

  • Date on Market: 8/8/2019

  • Last Updated:

  • Address: 134 Chapala St, Santa Barbara, CA 93101

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