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- LoopNet Team
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 | No. Stories | 1 |
| Property Subtype | Hostel | Year Built/Renovated | 1970/2023 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.34 AC | Parking Ratio | 2.44/1,000 SF |
| Building Size | 4,500 SF | Corridor | Interior |
| Zoning | HRC - Zoning is HRC-2-SD-3; CUP with 66 bed hostel, 2 private rooms. | ||
| 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.
Links
Property Taxes
| Parcel Number | 033-074-001 | Improvements Assessment | $2,387,718 |
| Land Assessment | $1,591,812 | Total Assessment | $3,979,530 |
Property Taxes
Listing ID: 16856170
Date on Market: 8/8/2019
Last Updated:
Address: 134 Chapala St, Santa Barbara, CA 93101
The Lower State Hospitality Property at 134 Chapala St, Santa Barbara, CA 93101 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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