Sold
509 Fig Avenue
SANTA BARBARA CA, 93101
$5,150,000
$610.62 per sqft
Sold
8,434 sqft
Other
Courtesy of Seth Dailey, Cooperation Capital Group, Inc
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.
22-3942
MLSⓇ ID
December 15, 2022
Listed
August 30, 2023
Updated
Map
509 Fig Avenue
SANTA BARBARA CA, 93101
School Information
High School
San Marcos
Elementary School
Monroe
Other Property Details
Area Name
20 - SB/WEST OF STATE
Garage
No
Parking
No
View
No
County
Santa Barbara
Pool
No
Zoning
Other
Listing History
Date | Event | Price |
|---|---|---|
6/30/2023 | Sold | — |
Courtesy of Cooperation Capital Group, Inc, Seth Dailey,
Listing Contact:
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Data last updated 4:53 PM UTC, 8/30/2023
