1402-1404 San Pascual St. City Walk Apartments | Santa Barbara, CA 93101

1402-1404 San Pascual St.
Santa Barbara, CA 93101
City Walk Apartments

Property Type
Multi-Family
Price
$27,850,000
Units
75 Units
Land Size
2.09 Acres
County
Santa Barbara

City Walk Apartments located at 1402–1404 San Pascual St. Santa Barbara CA offers a rare opportunity to acquire a 75-unit trophy asset in the heart of Santa Barbara’s budding Westside neighborhood. This multifamily property consists of seven buildings on two parcels and offers a wide range of unit mixes including (31) 1 bed/1 bath, (41) 2 bed/1 bath, (2) 2 bed/2 bath and (1) 3 bed/1 bath. Upon entering City Walk, residents and visitors will find themselves immersed with private palm tree lined parking lots and beautiful landscaping. The units have been well maintained and include spacious floor plans, heating and air conditioning and private patios. Upstairs units feature pitched ceilings. This centrally located property is in walking distance to beloved local pizzeria, Revolver, and just minutes from downtown Santa Barbara’s shopping, entertainment and dining. Do not miss this chance to acquire a wonderful investment asset in a premier location.

Existing rents are substantially below market and have 75% upside to the property’s current market rent.

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