Property profile

15 Figueroa St Santa Barbara, CA 93101

OFF-MARKET
Investment properties
Property ID
US09-1737957
0.12 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,728 square foot ground-floor office suite is ideally located at 15 W Figueroa Street, Santa Barbara, CA 93101. The property, APN 039-281-007, offers a blend of private offices and an open collaborative workspace, perfect for a variety of businesses. Modern finishes are complemented by ample natural light throughout. The suite includes a convenient kitchenette and a dedicated conference room, enhancing productivity and collaboration. With 30 feet of frontage along Figueroa Street, the space boasts excellent visibility and accessibility. Convenient access is provided from a nearby city parking lot. This location offers unparalleled convenience, situated within walking distance of the vibrant State Street corridor, brimming with shops and restaurants. Nearby attractions include the Granada Theatre and the Santa Barbara County Courthouse. Furthermore, the property enjoys proximity to the beach, the Funk Zone, Cottage Hospital, the harbor, and Santa Barbara City College, making it an attractive location for employees and clients alike. The property is currently configured for multiple tenants. This is a rare opportunity to secure a high-profile office space in the heart of Santa Barbara.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.12 ac (5,227 SF)
APN 039-281-007
UPID US09-1737957

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Computer & Electronic Repair
  • Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Bakery Discount Store

Location

15 Figueroa St Santa Barbara, CA 93101-3103
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.34M

Owner & transaction history

since 2025
Last sale
$2.3M
2 recorded transactions
2025
$2.3M
1994
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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