Santa Barbara Spanish Colonial Revival
For Sale
Contact for pricing
Pending
1500 Anacapa St, Santa Barbara, CA 93101
Iconic property with redevelopment potential in a prime Santa Barbara location.
Property Size3,085 SF
Days on Market606
Property Features for 1500 Anacapa St
General Information
Standard status
Pending
Size
3,085 SF
Total Parking Spaces
8
Property subtype
Mixed Use, Multifamily, Office
Zoning
O-R
Investment Type
Owner/User
Building Details
Year Built
1920
Year Renovated
1962
Stories
1
Listing Agency:
WCB Commercial Real Estate Inc.
(949) 202-6600
Listed By:
Greg Herz · License #CA 01932277
Source:
Crexi
Added: Dec 24, 2024
Changed: Aug 14
Last Checked: Aug 21 at 12:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WCB Commercial Real Estate Inc.
Investment Insights
Based on property information with market context.
Located at the corner of Anacapa and Micheltorena Streets, 1500 Anacapa offers urban convenience and natural beauty, steps from Alameda Park and Alice Keck Memorial Garden, and moments away from State Street’s cultural, dining, and shopping destinations. The vacant property, previously used as an office, is zoned O-R, offering possibilities such as redevelopment into a luxurious single-family estate, multi-family residential configurations, boutique hospitality, or short-term rental options, subject to city approvals. The property has a flexible layout and includes 8 on-site parking spaces. Showcasing classic Spanish Colonial Revival design, the property features red tile roofing, handcrafted wrought iron accents, and intricate period details. This landmark property is being offered for the first time in decades, presenting a unique opportunity to acquire a property in Santa Barbara’s real estate market. The property is 3085 square feet. Located in a high-demand market, this property offers ROI possibilities. It can be used for mixed-use, office, multifamily, or residential income purposes.
Key Highlights
- Unmatched Location: Prestigious corner location near Alameda Park, Alice Keck Memorial Garden, and State Street.
- Versatile Redevelopment Potential: Zoned O‑R, allowing for various options (subject to city approvals).
- Historic Architectural Charm: Classic Spanish Colonial Revival design with red tile roofing and handcrafted wrought iron accents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 93101, CA
30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Iconic property with redevelopment potential in a prime Santa Barbara location.
Where is this mixed-use property located?
The property is located at 1500 Anacapa St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Unmatched Location: Prestigious corner location near Alameda Park, Alice Keck Memorial Garden, and State Street.; Versatile Redevelopment Potential: Zoned O‑R, allowing for various options (subject to city approvals).; Historic Architectural Charm: Classic Spanish Colonial Revival design with red tile roofing and handcrafted wrought iron accents.
