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517 W Junipero St 6 Unit Apartment Building $3,495,000 ($582,500/Unit) Santa Barbara, CA 93105



INVESTMENT HIGHLIGHTS
- •Medical office can be delivered with a new three year leaseback at market rate, or vacant. The apartments will be delivered vacant.
EXECUTIVE SUMMARY
This beautifully maintained two-story medical office building, totaling ±3,714 SF, is located on Junipero Street, just a short distance from Cottage Hospital. The ground floor features a spacious ±1,800 SF medical office, ideal for healthcare professionals looking to expand their practice in the heart of Santa Barbara’s thriving medical district. Upstairs, you’ll find three well-appointed one-bedroom, one-bath apartments, offering additional income potential or housing for staff.
The building offers ample off-street parking, ensuring convenience for staff, patients and tenants. Primarily owner-occupied, the property can be delivered vacant or with a lease-back option, providing flexibility to suit a variety of needs. Immaculately cared for, the building is turnkey and presents an excellent opportunity for medical professionals or investors alike. With the strong demand for medical real estate in Santa Barbara and its prime location near Cottage Hospital, this property is a standout in the market.
The building offers ample off-street parking, ensuring convenience for staff, patients and tenants. Primarily owner-occupied, the property can be delivered vacant or with a lease-back option, providing flexibility to suit a variety of needs. Immaculately cared for, the building is turnkey and presents an excellent opportunity for medical professionals or investors alike. With the strong demand for medical real estate in Santa Barbara and its prime location near Cottage Hospital, this property is a standout in the market.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 025-090-009 | Improvements Assessment | $884,228 |
| Land Assessment | $1,510,541 | Total Assessment | $2,394,769 |
PROPERTY TAXES
Parcel Number
025-090-009
Land Assessment
$1,510,541
Improvements Assessment
$884,228
Total Assessment
$2,394,769
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Presented by
Robert Rauchhaus Commercial Real Estate
517 W Junipero St
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