2019 Castillo St - Multi-Family FOR SALE


Santa Barbara, CA 93105- Oak Park
$2,100,000 USD
805-259-9638
2019 Castillo St, Santa Barbara, CA for Sale
$2,100,000 USD
Multi-Family - FOR SALE
1/18
null | 4.52% Cap Rate

2019 Castillo St
Santa Barbara, CA 93105
Oak Park


HIGHLIGHTS

  • Close to cottage hospital
  • In unit washer/dryers
  • Great downtown location
  • Larger units
  • Private garage
  • Spacious private outdoor space

OVERVIEW

PRP is pleased to present 2017-2019 Castillo Street, a renovated triplex in the heart of Santa Barbara. The property features three spacious two-bedroom, one-bathroom units totaling approximately 3,047 square feet on an 8,276 square foot lot. The front unit is a standalone single-family-style home with a private yard, while a detached rear building contains two additional units. The property was extensively renovated in 2024 with open-concept layouts, wide-plank hardwood flooring, quartz countertops, stainless steel appliances, and upgraded bathrooms. Each unit includes in-unit washer and dryer and two units have enclosed garage parking. Located minutes from State Street and the Santa Barbara Public Market, the property offers strong rental demand in a prime coastal market.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$689 USD /SF

# OF UNITS

3

PRICE/UNIT

$700,000

CAP RATE

4.52%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2019 Castillo St

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R-4

APN/PARCEL ID

025-291-009

ASK ABOUT THIS PROPERTY

Oliver FriesPaloma Realty PartnersMore Info
805-259-9638

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Oliver FriesPaloma Realty PartnersMore Info
805-259-9638

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