1514-1520 Garden Street, SANTA BARBARA CA, 93101

Pending

1514-1520 Garden Street

SANTA BARBARA CA, 93101

$7,600,000

Pending

13 Beds

12.5 Baths

Residential

Courtesy of Steven J Golis, Radius Group Commercial R.E.

11 UNITS ON 2 PARCELS WITH 5.21% CAP RATE - Tucked away in the picturesque heart of downtown Santa Barbara, 1514/1520 Garden St. presents a rare and highly coveted investment opportunity. Units consist of (1) 7 bed/5.5 bath house, (1) 3 bed/3 bath ADU, (2) 2 bed/2 bath ADUs, (6) 1 bed/1bath units and (1) studio. Both original structures have been designated as a Structure of Merit by the Historic Landmarks Commission, however, each unique unit has been extensively remodeled with high-quality finishes and new appliances. The exterior of the property is equipped with new 40-year roofs and solar panels, ensuring hassle-free maintenance for years to come. Tenants enjoy the ease of off-street parking and washer/dryers in each unit.

24-405

MLSⓇ ID

February 7, 2024

Listed

March 28, 2024

Updated

Map

1514-1520 Garden Street
SANTA BARBARA CA, 93101

Interior Features

Bedrooms: 13 Beds
Bathrooms: 12.5 Baths
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Features: Near Public Transit

School Information

High School: S.B. Sr.
Elementary School: Roosevelt

Other Property Details

Area Name: 15 - SB/EAST OF STATE
Garage: No
View: No
County: Santa Barbara
Pool: No
Zoning: Other
Buyer Agency Compensation: 2%

Listing History

Date	Event	Price
2/12/2024	Pending	—

Listed by Radius Group Commercial R.E., Steven J Golis,
Listing Contact:

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Data last updated 4:19 AM UTC, 3/28/2024