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516 W Junipero Street, SANTA BARBARA, CA 93105

$2,150,000
Property Type: Res Inc Square Footage: 3,670 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $2,150,000 List Date: 6/06/2026 Last Modified: 6/06/2026

Overview

Description

This 6 unit apartment complex is located directly across the street from Cottage Hospital in Santa Barbara. The current rents are approximately 59% of market rents. The 2-story building consists of all 1 bedroom 1 bath units.

Listing Details MLS# 26-1880

Location Info

District
20 - SB/WEST OF STATE
Street #
516
Dir
W
Street Name
Junipero
Street Suffix
Street
State
CA
Country
US
Postal Code
93105
County
Santa Barbara
Parcel Number
025-051-013
Cross Street
Oak Park Lane

Contract Info

Price
2150000
Seller Consider Concessions
Yes
Begin Date
2026-06-06

Property Information

Number of Units
6
Stories
2
Year Built
1964
Main House SqFt
3670
Apx # Acres
0.17
Apx Lot SqFt
7405
Recurring Fees
No

NeighborhoodSchools

Neighborhood
20 - Oak Park

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
7
# Refrigerators
7
# Stoves
7

Unit 1

# Units
6
# Bedrooms
6
# Baths
6
Rent
8895
Monthly Total
8895
# Half Baths
0

Meters

Sep Meter Wtr
N
Sep Meter Elec
Y
Sep Meter Gas
No

Parking Info

Total # Unconvered Spaces
7
Outside
Yes

Neighborhood/Schools

Elementary School
Peabody
Junior High School
S.B. Jr.
High School
S.B. Sr.

Condition

Average
Yes

Foundation

Slab
Yes

Proximity

Near Bus
Yes
Near Coffee Shop
Yes
Near Hospital
Yes
Near Park(s)
Yes

Laundry

Laundry Room
Yes

Income/Expenses

Annual Income
106740
Gross Rent Multiplr
20.1
Capitalization Rate
2.7
Actual
Yes
Vac Factor
2%
NOI
58,441

Heating

Forced Air
Yes

Zoning

R-4
Yes

Reports Available

TDS
Yes
Prelim
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Flr/Wdw Coverings

Carpet
Yes
Wood/Laminate
Yes

Property Features

Condition: Average Foundation: Slab Parking Info: Outside Proximity: Near Bus; Near Coffee Shop; Near Hospital; Near Park(s) Laundry: Laundry Room Heating: Forced Air Zoning: R-4 Reports Available: TDS; Prelim Terms: Cash; Conventional Listing Type: ER

Documents

IDX
Listing Office: JT Real Estate Group
Last Updated: June - 06 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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