Sold

316 W Valerio ST

SANTA BARBARA CA, 93101

$3,288,000


$590.31 per sqft

Sold

5,570 sqft

Multi-family

Built in 1973

Listed by Marcus & Millichap, Michael Henshaw, Listing Contact: 6502696453

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.

ML81939633

MLS ID

August 23, 2023

Listed

January 24, 2025

Updated

Map

316 W Valerio ST
SANTA BARBARA CA, 93101

Interior Features

Appliances

Cooktop, Refrigerator, Microwave, Oven, Range, Washer, Disposal


Floor Description

Laminate, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.28 Acres


Architectual Style

Traditional, Unknown, Other


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Santa Barbara Elementary

Other Property Details

Garage

No


Parking Total

16


View

No


County

Santa Barbara


Water Source

Public


Pool

No


Zoning

R-4

Listing History

Date

Event

Price

1/7/2024

Price change

$3,288,000

-4%

1/7/2024

Sold

$3,288,000

12/20/2023

Pending

10/18/2023

Price change

$3,395,000

-6%

Listed by Marcus & Millichap, Michael Henshaw,
Listing Contact: 6502696453 

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Data last updated 4:26 PM UTC, 1/24/2025

 

 

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