28 Pedregosa Street

  • Santa Barbara

  • $4,500,000

Residential Income Details

Rare opportunity to acquire an asset of this size located in the highly desirable Oak Park neighborhood in the heart Santa Barbara!This beautiful 14-unit apartment complex is just one block to State Street, near Cottage Hospital, Alice Keck Memorial Gardens, Alameda Park, Opal, The Granada Theatre, The Arlington Theatre, Santa Barbara Public Market and so much more. Wonderful unit mix of 14 spacious units: (2) Studios and (12) 1BD/1BA apartments, common laundry room and quaint shared courtyard. Carport has a new roof and the driveway has just been resurfaced. The carport area has a new slurry covering, includes one parking space per tenant and a large storage area within each space. Terrific upside in rents that are below market. CAP Rate, GRM and NOI shown represent proforma. Contact Listing Agents for further details. Offers to be reviewed after August 10th.
MLS #218009554
Sale TypeStandard
Listing BrokerageRadius Group Commercial RE
Listing AgentLori Zahn
Listing Agent BRE #01914851
Garage Spaces0
AreaMHSB - Mission Hills - Santa Barbara
TractNot Applicable - 1007242
Address28 Pedregosa Street
CitySanta Barbara
CountySanta Barbara


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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, October 12, 2018. 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, 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.