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This is a very appealing property in the midst of one of the most desirable locations in downtown Santa Barbara. It’s an easy walk to everything that makes Santa Barbara special! The large R-3 parcel would make a fabulous future site for condominiums. We have a realistic seller and a fabulous property. What a good combination!
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331 E. Victoria St.
Santa Barbara, CA 93101
7-Unit Downtown Victorian
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Sale Price: $1,395,000
Parcel Size: 13,451
APN: 029-084-004
Parking: 2 - one car garages, lots of open parking
Zoning: R-3
Number Of Units: 7 GRM: 13.65 Cap rate: 4.47% - current
GRM: 13.65 Cap Rate: 4.89% - proforma
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