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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Motels
517 Junipero St Santa Barbara, CA 93105-4239
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0193924
Property summary
AI-generated overview
This exceptional two-story medical office building, totaling 3,714 square feet, is situated on Junipero Street in Santa Barbara, CA, near Cottage Hospital. The ground floor comprises a spacious medical office, perfect for healthcare professionals seeking expansion in a thriving medical district. Upstairs, three one-bedroom, one-bathroom apartments offer additional income potential or staff housing. The property includes six off-street parking spaces, ensuring convenience for patients and staff. Built in 1963, this well-maintained building sits on a 7,840 square-foot lot and is zoned C-O (APN 025-090-009). Recent renovations totaling $1,000,000 enhance its appeal. The building can be delivered vacant or with a three-year leaseback option for the medical office
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Total area
3,714 SF
Lot
0.18 ac (7,840 SF)
APN
025-090-009
UPID
US09-0193924
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
-
Cummings Douglas MD Physician
-
Douglas Jackson Pediatrician Physician
-
Shaun Ehsani Pediatrician Physician
-
Jackson Medical Group Medical Clinic
-
Ms. Karen Hanna Arndt Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Goleta Valley Professional Building
Goleta Valley Professional Building
since 2026
Last sale
$1.7M
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
$2,095,000
ML approach
$2,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.65M (Oct 30 2020)
Last sale anchor
$1.65M
Oct 30 2020
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
$451 / 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
$24,882
Tax year 2024
Assessed value
$2,347,814
Assessed 2024
Previous assessed
$2,347,814
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,480,923
Assessed improvement
$866,891
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1963
Heating
NONE
Total area
3,714 SF
Lot
0.18 ac (7,840 SF)
APN
025-090-009
UPID
US09-0193924
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
1963
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Goleta Valley Professional Building
Individual
Mailing address
1444 JESUSITA LN, SANTA BARBARA, CA 93105-2047
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$2,975,000
Goleta Valley Professional Building
The Jackson Engberg Survivors Trust
Grant Deed
—
Dec 9, 2024
—
Douglas R Jackson
Douglas R Jackson
Deed
related
—
Oct 30, 2020
—
Douglas R Jackson
Douglas R Jackson
Intrafamily Transfer
related
$1,288,000 · Mufg Union Bank NA
Mar 30, 2018
—
Engberg,jackson Family Trust
—
Deed
related
$750,000 · Santa Barbara Com'l Fund LLC
Aug 10, 2007
$1,650,000
Douglas R Jackson
Robert D Weidl JR
Grant Deed
$1,320,000 · Community West Bank NA
Aug 10, 2007
—
Robert D Weidl JR.
Weidl,robert
Affidavit Of Death
related
—
May 11, 2004
—
Weidl,tr
Weidi,robert
Quit Claim Deed
related
—
—
—
Engberg,jackson Family Trust
—
Deed Of Trust
related
$1,445,000 · Bank Of America
—
—
Engberg,jackson Family Trust
—
Deed Of Trust
related
$750,000 · Santa Barbara Com'l Fund LLC
—
—
Jackson-engberg Family Trust
—
Deed Of Trust
related
$1,785,000 · Bank Of America
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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