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1621 Grand Ave - Villa Riviera 16,778 SF Health Care Building Offered at $8,655,687 CAD in Santa Barbara, CA 93103
INVESTMENT HIGHLIGHTS
- Located on Santa Barbara's iconic Riviera overlooking the ocean
- 11 Parking Spaces on Adjacent Parcel Per Easement. 2-Car Garage For Third Floor Apartment.
- Features 20 Congregate Care + 2BD/2BA Penthouse Apartment
- Includes large underutilized outdoor area
EXECUTIVE SUMMARY
Located in the prestigious Riviera neighborhood, with entrances off Arrellaga St. and Grand Avenue, this property was originally part of the historic St. Francis Hospital site. In 1992, the building was transformed into a senior care facility. The building includes a spacious penthouse apartment with stunning views and a private two-car garage. Most of the facility's operations were situated on the first floor, featuring large common areas, a commercial kitchen, a laundry room, and a beauty shop. In front of the building is a sizable outdoor area, currently underutilized, offering potential for further development. Parking for the facility is available on an adjacent parcel, secured through an easement with access from Arrellaga Street. The penthouse apartment's two-car garage has separate access via Grand Avenue.
PROPERTY FACTS
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 027-270-036 | Improvements Assessment | $2,859,222 CAD |
| Land Assessment | $2,607,001 CAD | Total Assessment | $5,466,223 CAD |
PROPERTY TAXES
Parcel Number
027-270-036
Land Assessment
$2,607,001 CAD
Improvements Assessment
$2,859,222 CAD
Total Assessment
$5,466,223 CAD
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1621 Grand Ave - Villa Riviera
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