Property profile

1933 Clf Dr Santa Barbara, CA 93109

OFF-MARKET
Office buildings
Property ID
US09-0928776
1.8 ac lot
Individually Owned 26-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office space, located at 1933 Cliff Dr, Santa Barbara, CA 93109, presents a rare leasing opportunity. Situated within a larger 40,000 square foot, three-story Class B building constructed in 1986, this suite offers 1,242 square feet of well-designed space. The suite features desirable vaulted ceilings and abundant natural light, creating a welcoming and productive environment. The property includes convenient on-site visitor and employee parking. The building is equipped with one elevator for easy access to all floors. This single-building complex sits on a 1.8-acre lot and is zoned O-R. The address is further identified by APN 045-015-020 in Santa Barbara County. The space is part of a multi-tenant building and benefits from the presence of an outdoor patio. The asking rate is $2.35 per square foot, NNN. This location offers excellent visibility and accessibility, making it an ideal choice for medical professionals seeking a prestigious and functional workspace in Santa Barbara. The cross street is Meigs. The property is conveniently located near the ocean and offers a desirable location for medical practices.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 1.8 ac (78,408 SF)
APN 045-015-020
UPID US09-0928776

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
  • Gym & Fitness Center
  • Civil Engineer Consultant
  • Alternative Medicine Practice
  • Law Firm
  • Property Management Company

Location

1933 Clf Dr Santa Barbara, CA 93109-1520
Santa Barbara metro Census 1208 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M

Owner & transaction history

since 2000
7 recorded transactions
2022
Price N/A
2000
$200,000
2000
Price N/A
1996
Price N/A
1989
$40,000
1969
Price N/A
1969
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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