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316 W Valerio Street, Santa Barbara, CA 93101

Commercial property

316 W Valerio Street, Santa Barbara, CA 93101 Sold January 2024 CRMLS
$3,288,000Sold January 2024

Listing Agent: Michael Henshaw (DRE #01134592) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Michael Henshaw · Marcus & Millichap · MLS #ML81939633 · Source: CRMLS

5,570
Building Sq Ft
12,197 sqft
Lot Size
1973
Year Built
R-4
Zoning
Commercial property
Type

About this commercial property

316 W Valerio St is a stunning 8-unit investment opportunity located in the heart of Santa Barbara, CA. Situated on a parcel of land totaling 12,196 square feet, the subject property was originally constructed in 1973 and features a gross building area of approximately 5,570 square feet. The subject property offers tenants beautifully designed two-bedroom and one-bedroom floor plans. The investment appeal of this asset is driven by Santa Barbara's appealing location as evident from its growing population. With a world-class location in the heart of the city, 316 W Valerio St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment. options.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$3,288,000
Sold January 2024 · listed $3,395,000, orig. $3,600,000, on market August 2023 · MLS #ML81939633 · Source: CRMLS
Listing Agent: Michael Henshaw · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Michael Henshaw · Marcus & Millichap
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