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Property profile & analytics
OFF-MARKET Estimated value $555,000
Investment properties

701 Anacapa St Santa Barbara, CA 93101-2249

0.11 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-1658544
Property summary
AI-generated overview

This exceptional 263-square-foot office space, located at 701 Anacapa Street, Suite F, in Santa Barbara, California (93101), offers a unique blend of historic character and modern convenience. Situated on the second floor of a two-story building constructed in 1927 and renovated in 2018, this single-tenant office boasts original 1920s oak flooring, high vaulted ceilings, and exposed board-marked concrete walls. The space is generously lit with natural light and features air conditioning and heating for year-round comfort. The 2018 renovation, completed by Miramar Group, enhanced the building's appeal, creating a professional environment shared with other high-end office tenants. This prime location places you in the heart of Santa Barbara, steps away from acclaimed restaurants, including GALA located directly below, and within easy walking distance of popular coffee shops. State Street is less than a block away, offering convenient access to shopping and other amenities. Abundant parking options are available in the surrounding area. The property's Assessor's Parcel Number (APN) is 037-092-010. The cross street is Ortega Street. This property is available for occupancy beginning January 1, 2025. The building does not have an elevator.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.11 ac (4,791 SF)
APN 037-092-010
UPID US09-1658544
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
  • Miramar Group Property Management Company
  • Dryworld Brands (Bike/Boat/Book/etc) Store
  • Phytanix Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k
Owner & transaction history
Los Arcos LLC · 4 yrs held
Los Arcos LLC
since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2018
$593,500
2018
Price N/A
2017
$4.0M
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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