This apartment building features an outstanding corner location just one block to Santa Barbara Cottage Hospital on the corner of W. Quinto St. and Castillo St. There is access on Quinto St. and via an alley on the side. Note the medical office zoning for a possible future office or mixed use development. Separately metered for gas and electricity. Laundry room with owned washer and dryer.

323 W. Quinto, Santa Barbara, CA 93105
9 Units
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Price: $1,650,000
Units: 9
Price per Unit: $183,333
GRM: 13.06 on current rents/12.40 on proforma rents
Cap Rate: 4.96% on current rents
5.37% on proforma rents
APN: 025-053-001
Mix: 8 1+1, 1 1+den+2
Building Area: 4,372 SF approx.,
110 SF laundry per assessor
Land Area: 8,712 SF approx. per assessor
Zoning: CO – Medical Office
Parking: 12 striped spaces
Year Built: 1963 approx. per assessor


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