20 Oceano Avenue
Santa Barbara, CA 93109
- 10 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 thrivi
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Last updated Oct 24, 2024
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MLS# CRV1-25281 —
The Building
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Year Built:1970
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Follow US-101 N to Bath St in Santa Barbara. Take
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Lot Features:Other
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Lot Size Area:0.89
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Lot Size Acres:0.89
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Lot Size SqFt:38768
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Lot Size Units:Acres
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Parcel Number:045230028
Listing Agent
- Contact info:
- Agent phone:
- (805) 965-5500
Beds
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Bedrooms Total:10
The Listing
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Listing TermsCash
Heating & Cooling
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Heating:Radiant
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Laundry Features:Community Facility
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:39
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Parking Features:Below Ground Parking
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 |
|---|---|---|---|---|
|
10/23/24
Oct 23, 2024
|
Pending | BRIDGE | $25,000,000 | |
|
8/19/24
Aug 19, 2024
|
Listed / Active | BRIDGE | $25,000,000 |
