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415 Rancheria St 4 Unit Apartment Building Offered at $5,361,335 CAD at a 5.20% Cap Rate Santa Barbara, CA 93101

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Investment Highlights

  • One block from SBCC
  • Close to the beach and downtown

Executive Summary

16 Bedrooms one block from Santa Barbara City College and close to the beach. Rent as individual units or by the room. These 4 Units were completely remodeled in 2013. New driveway in 2025. Separate gas and electric meters. Each unit has in unit laundry.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,361,335 CAD
Price Per Unit $1,340,334 CAD
Sale Type Investment
Cap Rate 5.20%
Gross Rent Multiplier 13.72
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.17 AC
Building Size 5,000 SF
Average Occupancy 50%
No. Stories 2
Year Built/Renovated 1972/2013
Parking Ratio 1.2/1,000 SF
Zoning R-4

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+1.5 4 $8,144 CAD -
Walk Score®
Very Walkable (74)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
037-180-017
Land Assessment
$1,095,219 CAD (2025)
Improvements Assessment
$1,010,971 CAD (2025)
Total Assessment
$2,106,190 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 39368566

  • Date on Market: 2026-02-08

  • Last Updated:

  • Address: 415 Rancheria St, Santa Barbara, CA 93101

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