This Multifamily Property is no longer advertised on LoopNet.com.

28 W Pedregosa St
Santa Barbara, CA 93101
Pedregosa Plaza · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Prime, turn-key property with 14 carport spaces.
  • Cap Rates: 4.21% Current | 4.79% AB 1482 | 5.41% Market
  • NOI: $273,538 Current | $311,408 AB 1482 | $351,219 Market
  • Offered at $6,495,000 | $463,929/Unit | Unit Mix: (14) 1BD+1BA
  • GRM: 15.79 Current | 14.37 AB 1482 | 13.41 Market
  • Bldg Size: ±8,032 SF Est. ($809/SF Est.) | Land Size: ±16,988 SF ($382/SF)

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.39 AC
Building Size 8,032 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.74/1,000 SF
Zoning R-4 - High Density Residential

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Gas Range
  • Recycling
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - -

Property Taxes

Property Taxes

Parcel Number
025-371-016
Land Assessment
$2,601,000
Improvements Assessment
$4,109,580
Total Assessment
$6,710,580
  • Listing ID: 26385886

  • Date on Market: 8/11/2022

  • Last Updated:

  • Address: 28 W Pedregosa St, Santa Barbara, CA 93101

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