1018 Garden Street, Santa Barbara, CA 93101
- $7,600,000
- List Price
- $7,600,000
- Status
- ACTIVE
- MLS#
- V1-36535
- Lot Location
- Sprinklers None
- Days on Market
- 106
- Property Type
- Commercial
- Property Sub Type
- Hotel/Motel
Property 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.
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Additional Information
- Cooling
- Yes
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Kim Crawford (kim.crawford@villagesite.com) from Listing Office: Village Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.