Technical
Financial
Distress signals
Property profile

820 State St Santa Barbara, CA 93101

FOR LEASE
Investment properties
Property ID
US09-2313270
0.3 ac lot
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Law Firm
  • Law Firm
  • Law Firm
  • Financial Advisor

Location

820 State 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
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

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

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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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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