Courtesy of Seth Dailey, Cooperation Capital Group, Inc

509 Fig Ave

SANTA BARBARA, CA, 93101

$4,500,000

$4,500,000
Pending
Pending
 - For Sale
property_type
Other
calendar
Built 1923
6.82% Stabilized Cap Rate and $306,789 NOI. Location, location, location. With a WalkScore of 98, this is prime Santa Barbara real estate surrounded by shopping, restaurants, tourist attractions and situated perfectly between downtown and the ocean. Value-add apartments mix of 12 Studios and a triplex on 509 Fig Ave, and a duplex on 514 Chapala St. Ideal for value-add investor or developer, only 3 units are currently occupied by tenants; some units are already gutted. ***Please do not disturb the tenants or walk on property.*** Marketing Package is in the documents.
MLS® ID:
22-3942
Listed:
12/14/22
Updated:
1/31/23
Berkshire Hathaway HomeServices
Kevin Schmidtchen

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Some, Bldg

School Information

High School
San Marcos
Middle/Jr High
LaCumbre
Elementary School
Monroe

Other Property Details

Area Name
20 - SB/WEST OF STATE
Garage
No
Parking
N
View
N
County
Santa Barbara
Pool
No
Zoning
Other

Property History

Date
Event
Price
Value
12/29/22
Pending
-
-

Courtesy of Cooperation Capital Group, Inc, Seth Dailey,
Listing Contact:  

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Data last updated 4:31 PM UTC, 1/31/23

Berkshire Hathaway HomeServices
Kevin Schmidtchen
Contact