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
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: $4,895,000
Tax Information:
Annual Amount: $15,822
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Barbara, CA.
This property is $2.7M more than the Median Sold Price in Santa Barbara, CA.
Based on homes sold in the last 12 months
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: 11/21/2024, 3:20:58 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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-6
6
/10
Harding University Partnership School
1625 Robbins St
Distance between this listing and this school0.56 miles
Public District Grades PK-6
7
/10
Adams Elementary School
2701 Las Positas Rd
Distance between this listing and this school0.96 miles
Public District Grades PK-6
Nearby Schools
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school0.42 miles
Public District Grades 7-8
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school1.83 miles
Public District Grades 7-8
7
/10
La Colina Junior High School
4025 Foothill Rd
Distance between this listing and this school2.65 miles
Public District Grades 7-8
Nearby Schools
1
/10
La Cuesta Continuation High School
710 Santa Barbara St
Distance between this listing and this school1.44 miles
Public District Grades 9-12
5
/10
Alta Vista Alternative High School
215 E Ortega St
Distance between this listing and this school1.45 miles
Public District Grades 9-12
6
/10
Santa Barbara High School
700 E Anapamu St
Distance between this listing and this school1.55 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, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically 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 $4,895,000.
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 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 $4,895,000.
Over 20 listings were sold over their listed price in October 2024 in Santa Barbara, CA. In the same period over 56 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Santa Barbara, CA between September 2024 and October 2024 increased by 7%. While the average time on the market in October 2024 was 43 days, the median list price was $2,129,415.
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