20 80 Oceano Avenue
Santa Barbara, CA 93109
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1970 build
- – on site
Nestled in the vibrant and picturesque Mesa neighborhood of Santa Barbara, Sea Cliff Apartments offers a unique and highly coveted investment opportunity. This expansive oceanfront property, comprising 29 meticulously designed units, is just steps away from the pristine sands of Leadbetter Beach, seamlessly combining high rental demand with luxurious lifestyle amenities. Each residence is thoughtfully crafted to optimize space and rental potential, nine of them are short term vacation rentals, which are equipped with top-tier amenities. Select units boast private balconies -- some with hot tubs -- providing tenants with exclusive comfort and leisure.Monthly Long Term Tenant Income: $73,858Estimated Monthly Vacation Rental Income: $72,000 TOTAL: $145,858/month; $1,750,296/annualThe complex also includes a stunning oceanfront rooftop deck, perfect for events and social gatherings, enhancing its allure as a desirable living destination.Strategically positioned within walking distance to an array of restaurants, shopping centers, and entertainment venues, Sea Cliff Apartments offers tenants unparalleled access to the finest coastal lifestyle Santa Barbara has to offer. This blend of convenience, luxury, and prime location makes Sea Cliff Apartments a standout investment in the thriving beachfront community of The Mesa.
Last checked:
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Last updated Oct 23, 2024
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MLS# V1-25281 —
The Building
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Year Built:1970
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Year Built Source:Other
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Common Walls:No Common Walls
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# of Buildings:4
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Levels:Multi/Split
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Fireplace:No
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Fireplace:None
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Laundry:Community
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Laundry:1
Location
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Directions:Follow US-101 N to Bath St in Santa Barbara. Take exit 97 from US-101 NMerge onto US-101 NTake exit 97 to merge onto Bath StTake Castillo St, Cliff Dr and Oceano Ave to your destination
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Latitude:34.40188700
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Longitude:-119.70131200
The Property
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Property Type:Residential Income
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Lot Features:Sprinklers None
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Lot Size Area:38768.0000
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Lot Size Acres:0.8900
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Lot Size SqFt:38768.00
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View:1
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Fencing:None
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Fence:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:045230028
Heating & Cooling
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Heating:1
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Heating:Radiant
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Subdivision:Santa Barbara: Other
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Subdivision:Santa Barbara: Other
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Senior Community:No
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Features:Suburban
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Pool:None
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Assigned, Covered, Subterranean, Attached Carport
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Parking Spaces:39.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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10/23/24
Oct 23, 2024
|
Pending | CRMLS_CA | $25,000,000 | |
|
8/19/24
Aug 19, 2024
|
Listed / Active | CRMLS_CA | $25,000,000 |
