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618 Olive St
Santa Barbara, CA 93101

$3,795,000 USD

Apartments For Sale  •  6,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,000 SF
  • Lot Size 0.23 AC
  • Year Built 2024
  • Cap Rate 5.47 %
  • Zoning C-M
46 Transit Score
93 Walk Score

Highlights

$25,650/Month on Current Rents
5.47% Cap Rate & 12.1 GRM on current income in Santa Barbara
3 of 6 Units constructed in 2023-2024
Ideal unit size and layouts in downtown location

Property Flyers

Cap Rate: 5.47 %

Public Transportation

Commuter RailDriveWalkDistance
Santa Barbara (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Santa Barbara Municipal 29 min - 13.2 mi
Nick Henry 805-705-7311 Beachside Partners, Inc.
Nick Henry 805-705-7311 Beachside Partners, Inc.