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22 Castillo St
Santa Barbara, CA 93101
Castillo Inn at The Beach · Hospitality Property For Sale · 9,063 SF

INVESTMENT HIGHLIGHTS

  • $440,476 per key. *Price per key & estimated income includes manager's suite rented nightly with updated property taxes and FF&E reserves.
  • Numerous private patios & one block from the harbor.
  • (17) 1st floor rooms including (1) ADA room & (1) two-bedroom (Manager’s Suite); (3) 2nd floor rooms (no elevator).
  • Estimated 6.15% cap rate.
  • Reserved parking (21 spaces + 1 ADA).
  • Italian granite & mosaic vanities; in-room water purifier.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.45 AC
Building Size 9,063 SF
No. Stories 1
Year Built/Renovated 1948/2004
Tenancy Single
Parking Ratio 2.1/1,000 SF
Corridor Exterior
Zoning HRC-1/S-D-3 - Hospitality

AMENITIES

  • Balcony
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-091-001
Land Assessment
$3,641,400
Improvements Assessment
$5,707,437
Total Assessment
$9,348,837
  • Listing ID: 27230985

  • Date on Market: 12/2/2022

  • Last Updated:

  • Address: 22 Castillo St, Santa Barbara, CA 93101

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