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listing
1 of 13
MultifamilyFor Sale
$5,100,000
414 W Figueroa Street
Santa Barbara, CA 93101
Listing Provided Courtesy of Hayes Commercial Group, Inc.
MLS: San Diego Multiple Listing Service (SDMLS)
24,211Sq Ft
Est. Mortgage
$26,425/mo

414 W Figueroa Street is a Spanish-style 10-unit multifamily property located near downtown Santa Barbara, offering an excellent unit mix of 3 x 3BD/2BA, 6 x 2BD/2BA, and 1 x 1BD/1BA, totaling approximately 9,432 SF of living space (average unit size 943 SF). Originally built in 1979, the property sits on a 24,211 SF R-MH (Residential Multi-Unit and Hotel) zoned parcel with a Medium Average Unit Density Overlay (27 Units / Acre) which could allow for a maximum density of 15 total units. Tenants enjoy mature landscaping, a large common laundry room and excellent onsite parking. Ground-floor units feature oversized patios and yards while upper units include private balconies creating a unique indoor/outdoor living experience not typically found in this area. All units are separately metered for gas and electricity.414 W Figueroa Street is a Spanish-style 10-unit multifamily property located near downtown Santa Barbara, offering an excellent unit mix of 3 x 3BD/2BA, 6 x 2BD/2BA, and 1 x 1BD/1BA, totaling approximately 9,432 SF of living space (average unit size 943 SF). Originally built in 1979, the property sits on a 24,211 SF R-MH (Residential Multi-Unit and Hotel) zoned parcel with a Medium Average Unit Density Overlay (27 Units / Acre) which could allow for a maximum density of 15 total units. Tenants enjoy mature landscaping, a large common laundry room and excellent onsite parking. Ground-floor units feature oversized patios and yards while upper units include private balconies creating a unique indoor/outdoor living experience not typically found in this area. All units are separately metered for gas and electricity.

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Listing Courtesy of Hayes Commercial Group, Inc.. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 10/26/2024 06:13 PM
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