$845,000 USD
805-879-9615
HIGHLIGHTS
- Private entrance from the parking lot plus main client entrance off the interior courtyard.
- Excellent visibility and access in a highly desirable downtown corridor.
- Ownership includes a ¼ interest in an additional ±435 SF income-generating condo, helping to offset HOA dues and increase long-term investment value.
- Recent capital improvements: roof replacement (±6 years ago) + parking lot renovation (±4 years ago).
- Self-managed association with low monthly fees.
- Well-maintained common areas and pride of ownership throughout.
OVERVIEW
Discover this ±1,000 SF medical or professional office condominium, ideally located at the corner of Chapala and Arrellaga streets in the heart of Santa Barbara. Situated within a charming Midcentury 5-unit complex, this space is perfect for an owner-user seeking a central, accessible, and well-maintained location. Associate fee is $300 a month.
FOR SALE DETAILS
PRICE
$845,000 USD
PRICE/SF
$845 USD /SF
CAP RATE
Request Cap Rate
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
PRICE REDUCTION | PRIME LOCATION
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
4,391 SF
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.02 AC
LAND SF
871 SF
ZONING
R-O
APN/PARCEL ID
027-610-001,027-610-002,027-610-003,027-610-004,027-610-005
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805-879-9615
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805-879-9615
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