Sold
509 Fig Avenue
SANTA BARBARA CA, 93101
$5,150,000
$610.62 per sqft
Sold
6 Beds
4 Baths
8,434 sqft
Residential
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
March 28, 2024
Updated
Map
509 Fig Avenue
SANTA BARBARA CA, 93101
Interior Features
Bedrooms
6 Beds
Bathrooms
4 Baths
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Features
Near Public Transit
School Information
High School
San Marcos
Elementary School
Monroe
Other Property Details
Area Name
20 - SB/WEST OF STATE
Garage
No
View
No
County
Santa Barbara
Pool
No
Zoning
Other
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
6/30/2023 | Sold | $5,150,000 |
Listed by Cooperation Capital Group, Inc, Seth Dailey,
Listing Contact:
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Data last updated 4:19 AM UTC, 3/28/2024