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1825 Chapala St Santa Barbara, CA 93101

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For Sale
$12,495,000

40-unit multifamily property in Santa Barbara's desirable Oak Park neighborhood.

Lot size:
0.66 Acres

Property Features for 1825 Chapala St

General Information

Lot size
0.66 Acres

Building Details

Year built
1966

Source: Radius Group Commercial R.E.

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


Overview

Multifamily Property in Oak Park

Located in Santa Barbara's Oak Park neighborhood, the property at 1825 Chapala Street features 40 units. The property is ideally located blocks from Cottage Hospital, State Street, shopping, dining, and entertainment. It consists of three buildings with junior 1-bedroom/1-bathroom units, each approximately 300 to 330 square feet. Units feature open layouts, full kitchens, and private baths; several units have patios or fenced yards. Many units have been updated with quartz counters, new cabinets, LVP flooring, and newer windows. Recent upgrades include new roofs in 2023 and resurfaced/re-striped parking planned for 2025. The property offers strong income and rent upside.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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
-119.7143757
Latitude
34.42819

FAQs

What type of property is this?
Apartment building - 40-unit multifamily property in Santa Barbara's desirable Oak Park neighborhood.
Where is this apartment building located?
The property is located at 1825 Chapala St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $12,495,000.
What are key features of this property?
This property features: - Prime location in Santa Barbara's desirable Oak Park neighborhood, close to Cottage Hospital, State Street, shopping, dining, and entertainment.; - Strong income and rent upside potential, presenting a value-add opportunity.; - Recent upgrades including new roofs (2023) and resurfaced/re-striped parking (2025).
More about this property
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