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Property profile & analytics
OFF-MARKET
Estimated value
$9,275,000
Office buildings
1913 State St, Santa Barbara, CA 93101-2421
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3241008
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Total area
1,584 SF
Lot
0.23 ac (10,018 SF)
APN
025-371-010
UPID
US10-3241008
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
rabbit Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.28M
Owner & transaction history
Nineteen Nineteen State LLC · 1 yrs held
Nineteen Nineteen State LLC
since 2024
Last sale
$9.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,275,000
ML approach
$9,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.28M
Range $8.35M – $10.20M · ±10% · vs last sale $9.28M (Aug 1 2024)
Last sale anchor
$9.28M
Aug 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$5,855 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,908
Tax year 2024
Assessed value
$1,402,500
Assessed 2024
Previous assessed
$1,402,500
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$994,500
Assessed improvement
$408,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1915
Heating
NONE
Rooms
6
Bathrooms
2
Total area
1,584 SF
Lot
0.23 ac (10,018 SF)
APN
025-371-010
UPID
US10-3241008
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Rooms
6
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Nineteen Nineteen State LLC
Entity
Mailing address
1550TH TIBURON BLVD #343, TIBURON, CA 94920-2521
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2025
—
Nineteen Nineteen State LLC
—
Deed
related
$17,500,000 · Farmers & Merchants Bank Of Long Beach
Aug 6, 2024
—
Nineteen Nineteen State LLC
—
Deed
related
$1,280,000 · Douglas Mackenzie Etux
Aug 1, 2024
—
Nineteen Nineteen State LLC
Nineteen Nineteen State LLC
Intrafamily Transfer
related
$4,700,000 · Wilshire Quinn Income Fund LLC
May 16, 2024
—
Nineteen Nineteen State Street LLC
1919 Uno LLC
Intrafamily Transfer
related
—
Oct 14, 2022
$9,275,000
1919 Uno LLC
State Street II LP
Grant Deed
$4,637,500 · Farmers & Merchants Bank Of Long Be
Feb 28, 2006
—
State Street II
Antipol Ladizhinka Ltd LLC
Grant Deed
—
Dec 19, 2005
—
Winnikoff Family Trust
Hoffman-wolynec Ltd LLC
Grant Deed
—
May 28, 2004
—
Winnikoff,tr
Santa Barbara Cottage Hospital
Deed Of Trust
related
$1,700,000 · Northern Trust Bank Of Ca
Apr 8, 2002
—
Santa Barbara Cottage Hospital
State 1919 LLC
Grant Deed
related
—
Jul 28, 2000
—
State 1919 LLC
Richards Trust
Grant Deed
$2,640,000 · Montecito Bank & Trust
May 5, 1997
—
Richards Trust
Richards,john M & Katherine P
Quit Claim Deed
related
—
—
—
State Street II LP
—
Deed Of Trust
related
$3,675,000 · Northern Tr
—
—
State Street II
—
Deed Of Trust
related
$400,000 · Northern Trust Co
—
—
Winnikoff,tr
—
Deed Of Trust
related
$800,000 · Northern Trust Bank Of Ca
—
—
State Street II LP
—
Deed Of Trust
related
$250,000 · Northern Tr
—
—
State Street II LP
—
Deed Of Trust
related
$250,000 · Northern Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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