1502 San Pascual Street, SANTA BARBARA, CA 93101
54|Other
THB ฿584,961,000
USD $15,900,000
Published on: 24 Feb 2024
Last updated on: 13 Jun 2024
Property ID: 110090243902
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Res Inc - SANTA BARBARA, CA
1502 San Pascual Street, SANTA BARBARA, CA 93101
Turner Foundation (Non-Profit) owned property, currently providing 45 units of housing and 54 parking spaces with Community Learning Center, Programs and Services on site. Gross income $1.1m per year and current rent is 35% below market rate. Past Year NOI $802K with Non-Profit property tax exemption status equating to a 4.9% cap rate. New buyer may potentially retain Turner Foundation Non-Profit property tax exemption status if Turner Foundation remains as an Operating Partner. Buyer to verify all information.
Property Details
Basic Info
Indoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Parking Spaces
54
Land Size
4,046.86 m2
Year Built
1972
Architecture Style
Other
County
Santa Barbara
Parcel ID
043-252-015
Provider
Compass
Brokerage Office Name
Compass
Brokerage Office Phone
(805) 253-7700
Address
1502 San Pascual Street, SANTA BARBARA, CA 93101
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Harding | Not available |
| High | San Marcos | Not available |
| Juniorhigh | LaCumbre | Not available |
| Middle | LaCumbre | Not available |
Contact Agent
20/Twenty Group
Contact Agent
Contact Agent
Email enquiry to Compass
20/Twenty Group
801 Chapala St., Santa Barbara, CA 93101
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Property ID: 110090243902
Data provided by Compass, MLS #: 24-571
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