509 Fig Avenue
Santa Barbara, CA 93101
Map
- – beds
- – baths
- – sqft
- 13,939 sqft lot
- 1923 build
- – on site
More homes
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.
Last checked:
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Last updated Jul 3, 2023
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MLS# 22225357 —
The Building
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Year Built:1923
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Year Built Source:Estimated
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New Construction:No
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Building Area Total:8434.00
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Total Number Of Units:17
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# of Buildings:8
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Foundation:Raised
Interior
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Window Features:Double Pane Windows
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Laundry:Outside
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Laundry:1
Location
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Directions:US-101 N to Bath St Exit. Right on W Haley St. Left on Fig Ave. Property on Left.
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Latitude:34.41632000
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Longitude:-119.69680000
The Property
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Property Type:Residential Income
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Zoning:C-M
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Lot Size Area:13939.0000
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Lot Size Acres:0.3200
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Lot Size SqFt:13939.00
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Lot Size Source:Other
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Additional Parcels:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:037171007
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
The Community
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Association:No
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Senior Community:No
Parking
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Parking:Yes
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Parking:Uncovered
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/17/23
Feb 17, 2023
|
Sold | CRMLS_CA | $5,150,000 | 14.4% |
|
12/29/22
Dec 29, 2022
|
Pending | CRMLS_CA | $4,500,000 | |
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12/15/22
Dec 15, 2022
|
Listed / Active | CRMLS_CA | $4,500,000 |
