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Property profile & analytics
FOR LEASE
Investment properties

820 State St Santa Barbara, CA 93101

0.3 ac lot
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US09-2313270
Property summary
AI-generated overview

Exceptional office space is available for lease in the prestigious El Paseo Building, located at 820 State St, STE 302 & 401, Santa Barbara, CA 93101. This property offers two distinct suites totaling 2,594 to 6,360 square feet of versatile office space, ideal for businesses seeking a prominent downtown address. Situated on the third and fourth floors, these suites boast breathtaking views of the city, mountains, and ocean. Each suite includes thoughtfully designed private offices and conference rooms, perfect for fostering collaboration and productivity. Building amenities include convenient elevator service. Suite 401 further enhances its appeal with a private restroom. The El Paseo Building's location is unparalleled, placing tenants steps away from Santa Barbara's vibrant shopping and dining district, and less than a mile from the beautiful Pacific coastline. The property is zoned C-G and has an APN of 037-052-024. This is a rare opportunity to secure high-quality office space in one of Santa Barbara's most desirable locations. The building is easily accessible via E Canon Perdido St. Multiple tenancies are available. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.3 ac (13,068 SF)
APN 037-052-024
UPID US09-2313270
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
  • LogicMonitor (Bike/Boat/Book/etc) Store Corporate Office
  • Kocmur Law Firm a Professional Corporation Law Firm
  • Janean Acevedo Daniels Attorney At Law Law Firm
  • Clark Lana J Law Firm
  • Stifel Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k
Owner & transaction history
Ella Paseo LLC · 19 yrs held
Ella Paseo LLC
since 2007
7 recorded transactions
2007
Price N/A
2001
Price N/A
2000
$112,500
2000
Price N/A
2000
$87,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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