Enjoy the benefits of a short-term typical investor return for the area, while working to realize significant long-term upside (5%-6%+ cap rate) which may be attainable for this central Santa Barbara multi-family asset. The location is a few blocks to Cottage Hospital, and within 1-2 miles of several other major employment centers and the signature Santa Barbara amenities of downtown restaurants/retail, the Theater/Arts district, the waterfront/beaches, and Santa Barbara City College. Along with close proximity to freeway access and artery streets allowing tenants ease-of-access, these factors combine to generate unmatched tenant demand. Recent upgrades include a brand-new roof and sewer lateral improvements. See Offering Memorandum in Documents.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1964
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 687-2666
Listing Agent: Randy Freed
Interior Features
Interior Information:
Appliances: Gas Cooktop, Gas Oven, Refrigerator
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: Mountain(s)
Parking Information:
Parking: Assigned, Asphalt
Lot Features
Lot Information:
Lot Size: 0.41 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: None
School Info
Assigned Schools Information:
San Marcos Senior High School, Public District Grades 9-12
La Cumbre Junior High School, Public District Grades 7-8
Santa Barbara Community Academy, Public District Grades KG-6
Adams Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Multi family property located at the corner of Mission St. & San Pascual, in the Westside area of Santa Barbara
Price Information
Listing Price Info
Price Summary:
List Price: $5,250,000
Tax Information:
Annual Amount: $15,822
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #V1-23995
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 687-2666
Listing Agent: Randy Freed
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/10/2024, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 24, 1994
Feb 24, 1994Home Sold
$950,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,822
$1,504,661
2020
$15,821
$1,489,233
2019
$15,326
$1,460,033
2018
$15,326
$1,431,406
2017
$14,820
$1,403,340
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school0.37 miles
Public District Grades KG-6
7
/10
Adams Elementary School
2701 Las Positas Rd
Distance between this listing and this school0.96 miles
Public District Grades KG-6
Middle School
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school0.30 miles
Public District Grades 7-8
High School
7
/10
San Marcos Senior High School
4750 Hollister Ave
Distance between this listing and this school3.89 miles
Public District Grades 9-12
Assigned Schools
5
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school0.37 miles
Public District Grades KG-6
7
/10
Adams Elementary School
2701 Las Positas Rd
Distance between this listing and this school0.96 miles
Public District Grades KG-6
Nearby Schools
6
/10
Harding University Partnership
1625 Robbins St
Distance between this listing and this school0.54 miles
Public District Grades KG-6
Assigned Schools
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school0.30 miles
Public District Grades 7-8
Nearby Schools
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school1.84 miles
Public District Grades 7-8
7
/10
La Colina Junior High School
4025 Foothill Rd
Distance between this listing and this school2.67 miles
Public District Grades 7-8
Assigned Schools
7
/10
San Marcos Senior High School
4750 Hollister Ave
Distance between this listing and this school3.89 miles
Public District Grades 9-12
Nearby Schools
6
/10
Santa Barbara Senior High School
700 E Anapamu St
Distance between this listing and this school1.37 miles
Public District Grades 9-12
2
/10
La Cuesta Continuation High School
710 Santa Barbara St
Distance between this listing and this school1.44 miles
The neighbors living near this home have an average income of $57,500. The most common annual income of people living in Santa Barbara County, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1924 San Pascual St
What is the listing price of this property?
The listing price of 1924 San Pascual St property is $5,250,000.
What type of property is this?
The property 1924 San Pascual St is a house located in Santa Barbara, California, 93101.
Is this property for sale now?
Active Listing: 1924 San Pascual St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1924 San Pascual St are: Santa Barbara Community Academy: GreatSchools Rating 5/10Adams Elementary School: GreatSchools Rating 7/10La Cumbre Junior High School: GreatSchools Rating 4/10San Marcos Senior High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $15,822 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 24, 1994 for $950,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 1924 San Pascual St is 1964.
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This home is located at 1924 San Pascual St in Santa Barbara, CA and zip code 93101 in the West Side neighborhood. This home, which was built in 1964, sits on a 0.41 acre lot. It has been listed on Rocket Homes since June 08, 2024 and is currently priced at $5,250,000.
In May 2024 more than 89 listings in Santa Barbara County, CA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 78 were sold below. Between April 2024 and May 2024, Santa Barbara County, CA real estate market has seen increase in the number of listings by 7.4%. The median list price of listings available in May 2024 was $1,269,210, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Yoga/pilates
Yoga/pilates
Symphony or Opera
Hiking/backpacking
H&M
Chico's
Nordstrom Rack
Dominos Pizza
Boston Market
Chipotle
Audi
Volvo
Mazda
Alternative
Talk/Personality
Rock