1414 San Andres St - Storefront Retail/Residential FOR SALE


Santa Barbara, CA 93101- Westside
$2,100,000 USD
805-705-7311
1414 San Andres St, Santa Barbara, CA for Sale
$2,100,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 4.98% Cap Rate

1414 San Andres St
Santa Barbara, CA 93101
Westside


HIGHLIGHTS

  • Rare Mixed-Use Property in Santa Barbara
  • Fully Occupied Building with Strong Current Income
  • Two-Parcels included in Sale

OVERVIEW

Rare mixed-use investment opportunity on Santa Barbara’s rapidly evolving Westside. This offering includes two parcels: 1416 San Andres, a two-story mixed-use building featuring three 2BD/1BA residential units above and three street-level commercial spaces (currently leased to a single tenant), and 1414 San Andres, an adjoining parcel providing abundant off-street parking a valuable amenity in this high-demand neighborhood. Santa Barbara’s Westside has experienced some of the fastest median single-family home price growth in the city, drawing increased commercial activity, redevelopment, and demand for quality rental housing. The property benefits from strong visibility, steady vehicle and pedestrian traffic, and proximity to Downtown, the Mesa, and Highway 101. Offering both residential and commercial income streams with generous parking, this asset presents a compelling value-add opportunity through strategic capital improvements. Full DD folder access with signed NDA.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$430 USD /SF

CAP RATE

4.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Santa Barbara

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,147 SF

ZONING

CP

APN/PARCEL ID

039-041-014,039-041-015

ASK ABOUT THIS PROPERTY

Nick HenryBeachside Partners, Inc.More Info
805-705-7311

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Nick HenryBeachside Partners, Inc.More Info
805-705-7311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.