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    Property profile & analytics

    121 Mason St Santa Barbara, CA 93101-1852

    • Restaurants
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $11,870,000
    Last Sale
    Jan 25, 2024
    $11,830,000
    Location Intelligence
    Property ID
    US09-1688001
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Polyosity UI / UX & SEO / Website Designer
    • star woman / Astrologer
    • Free Spirit - Art Studio / Education Center
    • Mason Street Gallery / Art Gallery
    • Mc Allister Construction / Construction Company

    Property Details for 121 Mason St

    Lot size
    1.17 lot acres
    Property type
    Restaurants
    APN
    033-084-005
    APU
    33084005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $11,290,000
      6.5%
      $10,525,000
      7%
      $11,370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,615,000
      Geo Method
      $12,595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,240,000
      Retail
      $12,810,000
      Mixed-Use
      $10,805,000
      Hospitality
      $13,115,000
      Educational
      $14,730,000
      Residential Income
      $12,975,000
      Energy
      $10,945,000
      Income-Based Land
      $13,115,000
      Food Service
      $14,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.689
    Latitude
    34.4152
    CBSA code
    42200
    CBSA name
    SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $74,251
    $6,658,118
    $342,516
    $7,000,634
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.51 Acres

      205 Montecito St

      BAKERY • 0.51 Acres
      205 Montecito St, Santa Barbara, CA 93101-3824
      View Details
    • Value Estimation by Request

      738 State St

      Restaurants
      738 State St, Santa Barbara, CA 93101
      View Details
    • Value Estimation by Request
      0.34 Acres

      526 Laguna St

      BAKERY • 0.34 Acres
      526 Laguna St, Santa Barbara, CA 93101-1608
      View Details
    • Value Estimation by Request
      6,764 SF

      1029 State St

      Restaurants • 6,764 SF
      1029 State St, Santa Barbara, CA 93101
      View Details
    • Value Estimation by Request
      59,781 SF

      803-819 De La Guerra St

      Neighborhood centers • 59,781 SF
      803-819 De La Guerra St, Santa Barbara, CA 93101
      View Details
    • Value Estimation by Request
      0.69 Acres

      127 Anacapa St

      BAKERY • 0.69 Acres
      127 Anacapa St, Santa Barbara, CA 93101
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Funk Zone Retail Opportunity

      Renovated retail space in Santa Barbara's vibrant Funk Zone.
      220 Anacapa St, Santa Barbara, CA 93101
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    • $5,900,000
      4,067 SF

      Restaurant and Residence in Santa Barbara

      Restaurant, residence, and development potential in prime location.
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      Charming Storefront Near State Street

      Storefront near State Street with high visibility and natural light.
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    • $5,375,000
      8,680 SF

      Retail Building with NNN Lease

      Two-story retail building occupied by Tilly's with 14-year history.
      917 State St, Santa Barbara, CA 93101
      View Details
    • Contact for pricing

      Retail Space in Santa Barbara

      Retail space in Santa Barbara's Funk Zone near amenities.
      110 Anacapa St, Santa Barbara, CA 93101
      View Details
    • $1,195,000
      2,141 SF

      Retail Building on State Street

      Retail building featuring versatile industrial space available for purchase.
      429 State St, Santa Barbara, CA 93101
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      4,960 SF

      Santa Barbara Retail Space Available

      Prime State Street Retail, 1402 SF
      931 State St, Santa Barbara, CA 93101
      View Details
    • $2 SF/Yr
      3,311 SF

      Restaurant/Retail Space For Rent

      In-line restaurant or retail space available for lease.
      1230 State St, Santa Barbara, CA 93101
      View Details
    • $51 SF/Yr
      2,416 SF

      Downtown Santa Barbara Restaurant

      Turn-key restaurant, prime location.
      738 State St, Santa Barbara, CA 93101
      View Details
    • Contact for pricing
      183 SF

      Santa Barbara Restaurant Space

      Prime Downtown Santa Barbara Retail/Restaurant
      38 Victoria St, Santa Barbara, CA 93101
      View Details
    • $54 SF/Yr
      59,781 SF

      Downtown Santa Barbara Retail Space

      Prime State Street Retail/Restaurant Opportunity
      803-819 De La Guerra St, Santa Barbara, CA 93101
      View Details
    • $4,995,000
      4,000 SF

      Restaurant with Patio in Santa Barbara

      Restaurant space with a large patio available for lease.
      7 E Anapamu St, Santa Barbara, CA 93101
      View Details
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    121 Mason St
    Santa Barbara, CA 93101-1852
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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
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