0 Baths

$4,790,000

1924 San Pascual Street, Santa Barbara CA, 93101

Price per sqftN/A

Built in1964

Property typeResidential

Bought with Non Member with Unknown Agency and Listed by Randy Freed CA DRE# 00624274 with Berkshire Hathaway HomeServices California Properties (805) 895-1799

Overview

Sold

Closed

Listed Jun 7, 2024

Updated Jun 19

Enjoy the benefits of a short-term typical investor return for the area, while working to realize significant long-term upside (5%-6%+ cap rate) which may be attainable for this central Santa Barbara multi-family asset. The location is a few blocks to Cottage Hospital, and within 1-2 miles of several other major employment centers and the signature Santa Barbara amenities of downtown restaurants/retail, the Theater/Arts district, the waterfront/beaches, and Santa Barbara City College. Along with close proximity to freeway access and artery streets allowing tenants ease-of-access, these factors combine to generate unmatched tenant demand. Recent upgrades include a brand-new roof and sewer lateral improvements. See Offering Memorandum in Documents.

Additional information

MLS^® ID: V1-23995

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.41 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Also listed on SBAOR

Bought with Non Member with Unknown Agency and Listed by Randy Freed CA DRE# 00624274 with Berkshire Hathaway HomeServices California Properties (805) 895-1799

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 2:05 PM UTC Last Checked: 2:05 PM UTC