1018 Garden Street,Santa Barbara, CA 93101
Santa Barbara, CA 93101
Description
An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from Sate Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and been operated as a staffless and keyless hotel similar to your typical Short Term Rental property-making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value.
Details
| MLS # | V1-36535 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 101 |
| Listing Provided By | Village Properties | Kim Crawford |
Features
| SQ Feet | 4,101 |
|---|---|
| Acreage | 0.22 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
Exterior
| Lot Features | Sprinklers None |
|---|
Area Information
| State | CA |
|---|---|
| County | Santa Barbara |
| City | Santa Barbara |
| Zip Code | 93101 |
| Area | VC81 Santa Barbara |
| Listing VS Median (in 93101) | |
Price: $7,600,000 low | high Med: $9,847,500 sqft: 4,101 low | high Med: 8,755 $ / sqft: $1,853 low | high Med: $1,378 On site: 101 low | high Med: 69 | |
Market Activity 93101
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Barbara |
| City | Santa Barbara |
| Zip Code | 93101 |
| Area | VC81 Santa Barbara |
| Listing VS Median (in 93101) | |
Price: $7,600,000 low | high Med: $9,847,500 sqft: 4,101 low | high Med: 8,755 $ / sqft: $1,853 low | high Med: $1,378 On site: 101 low | high Med: 69 | |