Technical
Financial
Distress signals
Property profile

614 Santa Barbara St Santa Barbara, CA 93101

FOR LEASE
Investment properties
Property ID
US09-1483466
0.24 ac lot Built 1969
Trust Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional office space, located at 614 Santa Barbara Street in Santa Barbara, California (93101), offers a fantastic opportunity for businesses seeking a vibrant downtown location. The property, zoned MC, features a traditional office layout with high ceilings and the convenience of private restrooms. The available space consists of Suites B1 and B2, totaling between 1,014 and 1,129 square feet, and can be leased separately or combined to accommodate various business needs. The minimum divisible space is 1,014 square feet. Secure gated parking is provided for added convenience. This exceptional location boasts unparalleled access to amenities and transportation. It's just two blocks from the bustling State Street, with its diverse shops and restaurants, three blocks from US 101 for easy freeway access, and a relaxing six-block stroll to the beach. The property's APN is 031-152-026, and its cross street is Ortega Street. This is a multi-tenant building offering a blend of convenience, prestige, and accessibility. Don't miss this chance to establish your business in the heart of Santa Barbara.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1969
Lot 0.24 ac (10,454 SF)
APN 031-152-026
UPID US09-1483466

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
  • Marketing & Advertising Advertising Agency
  • Production Facility Factory
  • Marketing & Advertising

Location

614 Santa Barbara St Santa Barbara, CA 93101
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2013
6 recorded transactions
2013
Price N/A
2003
Price N/A
2000
$593,000
1993
Price N/A
1990
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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