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516 W Junipero St 6 Unit Apartment Building $2,989,080 CAD ($498,180 CAD/Unit) 2.72% Cap Rate Santa Barbara, CA 93105



Executive Summary
This 6 unit apartment complex is located directly across the street from Cottage Hospital in Santa Barbara. Current rents are approximately 59% of market rents.
Property Facts
| Price | $2,989,080 CAD | Building Class | C |
| Price Per Unit | $498,180 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,670 SF |
| Cap Rate | 2.72% | Average Occupancy | 100% |
| Gross Rent Multiplier | 20.1 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.91/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Oak Park Lane |
| Apartment Style | Low-Rise | ||
| Zoning | CO | ||
| Price | $2,989,080 CAD |
| Price Per Unit | $498,180 CAD |
| Sale Type | Investment |
| Cap Rate | 2.72% |
| Gross Rent Multiplier | 20.1 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,670 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.91/1,000 SF |
| Cross Streets | Oak Park Lane |
| Zoning | CO |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $3,476 CAD | 600 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 025-051-013 | Improvements Assessment | $377,855 CAD |
| Land Assessment | $236,144 CAD | Total Assessment | $613,999 CAD |
Property Taxes
Parcel Number
025-051-013
Land Assessment
$236,144 CAD
Improvements Assessment
$377,855 CAD
Total Assessment
$613,999 CAD
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516 W Junipero St
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