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Financial
Distress signals
Property profile

3700 State St Santa Barbara, CA 93105

FOR SALE
Office buildings
Property ID
US09-2950404
23,085 SF 1.12 ac lot
Last sale Jan 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3700 State St, Santa Barbara, CA 93105 For Sale 1 / 10
$6,720,000 23,085 SF
3700 State St, Santa Barbara, CA 93105
View Listing

Property summary

AI-generated overview

The property consists of a second-floor office space with a total area of 2,972 square feet. It is presented as a leased office unit and includes the relevant operating cost structure described as NNN fees.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$89k
Tax billed · 2024
Assessed value$8.30M
Assessed land$4.41M
Assessed improvement$3.88M
Effective rate1.07%

Value estimate

· Oct 2026
$6.72M
$6.05M – $7.39M
CAP approach$6.76M
NOI build-up
Gross scheduled income$104k
Vacancy & credit loss−$10k
Operating expenses−$24k
NOI · 3,529,600.00% cap applied$71k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,035/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$343 – $1,440

Cap rate analysis

How does the asset earn?
3,529,600.00%
$71k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA BARBARA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.0
Dry Cleaner9.8
Locksmith9.4

Location

3700 State St Santa Barbara, CA 93105
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2020 De La Vina, Santa Barbara, CA 93105-3814 $2,750,000 Dec 2025 14,071 SF
520 Junipero, Santa Barbara, CA 93105-4212 $1,790,000 Jul 2022 1,711 SF
2305 De La Vina, Santa Barbara, CA 93105-3873 $1,697,500 Jun 2022 1,254 SF
110 La Cumbre, Santa Barbara, CA 93105-3110 $1,400,000 Oct 2021 2,074 SF
2034 De La Vina, Santa Barbara, CA 93105-3814 $630,000 Jun 2019 4,085 SF
3324 State, Santa Barbara, CA 93105-2665 $1,102,500 Jan 2019 21,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $2,740,000
    14,071 SF
    2020 De La Vina St
    OFFICE BUILDING (MULTI-STORY)
    2020 De La Vina St, Santa Barbara, CA 93105-3814
    View Details
  • Value Estimation
    $995,000
    4,085 SF
    2034 De La Vina St
    OFFICE BUILDING
    2034 De La Vina St, Santa Barbara, CA 93105-3814
    View Details
  • Value Estimation
    $405,000
    1,855 SF
    2235 De La Vina St
    OFFICE BUILDING
    2235 De La Vina St, Santa Barbara, CA 93105-3815
    View Details
  • Value Estimation
    $425,000
    1,353 SF
    524 Pueblo St
    OFFICE BUILDING
    524 Pueblo St, Santa Barbara, CA 93105-4230
    View Details
  • Value Estimation
    $260,000
    636 SF
    526 Pueblo St
    OFFICE BUILDING
    526 Pueblo St, Santa Barbara, CA 93105-4230
    View Details
  • Value Estimation
    $490,000
    0.15 Acres
    230 Pueblo St
    PROFESSIONAL BUILDING
    230 Pueblo St, Santa Barbara, CA 93105-3870
    View Details

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Similar in This City for Lease

  • Contact for pricing
    Leased Office Building
    Fully leased office building with no current space availability for new tenants.
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    2,600 sqft
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    Creative office space is available for lease in a dedicated office building.
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  • New
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    Leased Office Building in Santa Barbara
    Fully leased office building in Santa Barbara, California.
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    Leased Office Building in Santa Barbara
    100% leased office building in Santa Barbara, California.
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    Leased Office Building in Santa Barbara
    Fully leased office building in Santa Barbara, California.
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  • New
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    Leased Office Building in Santa Barbara
    Fully leased office building in Santa Barbara, California.
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