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    1030-1032 E Mason St Santa Barbara, CA 93103

    For Sale
    $4,300,000

    Versatile investment opportunity: church, house, and apartment building.

    Lot size:
    0.57 Acres

    Property Features for 1030-1032 E Mason St

    General Information

    Lot size
    0.57 Acres

    Source: Radius Group Commercial R.E.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Barbara Multifamily and Church

    Located in Santa Barbara, the property at 1030-1032 E Mason St presents a versatile investment opportunity. Situated on over half an acre, the site includes three distinct structures: a church with an attached one-bedroom, one-bath apartment, a single-family residence, and a six-unit apartment building. Seven of the one-bedroom units operate as senior housing, providing a peaceful and private setting enhanced by landscaping and mature palm trees. Constructed in 2017, the apartments feature contemporary finishes, full kitchens, and in-unit appliances. The original church structure features cathedral wood ceilings and architectural details. The single-family residence includes three bedrooms and two bathrooms, with a functional floor plan.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.6778735
    Latitude
    34.4242282

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    FAQs

    What type of property is this?
    Senior housing facility - Versatile investment opportunity: church, house, and apartment building.
    Where is this senior housing facility located?
    The property is located at 1030-1032 E Mason St Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Rare investment opportunity: church with apartment, single-family home, and 6-unit apartment building.; - 7 senior housing apartment units offer immediate income.; - Apartments built in 2017 feature contemporary finishes, full kitchens, and in-unit appliances.
    (805) 698-0272
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    1030-1032 E Mason St Santa Barbara, CA 93103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1030-1032 E Mason St Santa Barbara, CA 93103
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