Active

428 State Street

SANTA BARBARA CA, 93101

$1,995,000


Active

1 Bed

1 Bath

Residential

Built in 1930

Courtesy of Mitch Stark, Berkshire Hathaway HomeServices California Properties

Rare Mixed Use property - 100% leased at 4.52 cap rate. The upstairs residential is a 930 SF, 1 bdrm, 1 bath unit on a month to month lease & is in excellent condition w/ incredible Riviera & mountain views!
The downstairs retail space is occupied by a lifestyle clothing boutique from the Lake Tahoe area & is in beautifully remodeled condition with skylight and exposed brick walls. Well located in Santa Barbara's downtown core close to many popular amenities, w/ an abundance of hotels in the 1/2 mile radius, including the new 46 room Drift Hotel & updated 75 room Santa Barbara Hotel both 1 block away. Other highlights include close proximity to the Gateway of the City's new $11M underpass project integrating
beach/Stearns Wharf & Funk Zone to the downtown core

24-1850

MLS ID

June 5, 2024

Listed

June 14, 2024

Updated

Map

428 State Street
SANTA BARBARA CA, 93101

Interior Features

Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.04 Acres

School Information

High School

S.B. Sr.


Elementary School

McKinley

Other Property Details

Area Name

15 - SB/EAST OF STATE


Days on Market

10


Garage

No


Parking

Unc 1


View

No


County

Santa Barbara


Pool

No


Zoning

C-M


Buyer Agency Compensation

2.5%

Listed by Berkshire Hathaway HomeServices California Properties, Mitch Stark,
Listing Contact: [email protected] 

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