1514 Anacapa St | Santa Barbara, CA 93101
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This Office Property is no longer advertised on LoopNet.com.
1514 Anacapa St
Santa Barbara, CA 93101
Approved 4-Unit Residential Conversion · Office Property For Sale

Investment Highlights
- Price Reduction.
- Fully approved conversion to residential in fantastic downtown location.
- Units will offer private patios, single level floorplans, excellent windows creating an opportunity to own a core asset.
- Core asset with a projected stabilized value after conversion of $3.65 million+.
- Formerly used as an office and has been approved to convert to four residential units.
- Projected gross income of $200,000 annually will provide a good return in a high quality asset.
Property Facts
Property Type
Office
Property Subtype
- Office/Residential
- OfficeLoft Creative Space
- Office Medical
Building Size
3,424 SF
Building Class
B
Year Built
1954
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,424 SF
Building FAR
0.49
Lot Size
0.16 AC
Zoning
O-R - Office Building
Parking
5 Spaces (1.46 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Skylights
- Kitchen
- Central Heating
- Fully Carpeted
- Natural Light
- Air Conditioning
Links
Property Taxes
| Parcel Number | 027-241-016 | Improvements Assessment | $1,050,000 |
| Land Assessment | $900,000 | Total Assessment | $1,950,000 |
Property Taxes
Parcel Number
027-241-016
Land Assessment
$900,000
Improvements Assessment
$1,050,000
Total Assessment
$1,950,000
Listing ID: 31782889
Date on Market: 5/13/2024
Last Updated:
Address: 1514 Anacapa St, Santa Barbara, CA 93101
The Westside Office Property at 1514 Anacapa St, Santa Barbara, CA 93101 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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