1402 San Pascual Street, Santa Barbara, CA 93101

Santa Barbara
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1402 San Pascual Street,Santa Barbara, CA 93101
$24,750,000
  • - Beds
  • - Baths
  • 46,844 sq. ft.
  • Multi-family
  • Active
Listed by: steven j golis
Office: radius group commercial r.e.
MLS#:26-3786
Source:SBAOR

Price summary

  • Price:$24,750,000
  • Price per sq. ft.:$528.35

About this home

CityWalk Apartments: a 75-unit Westside Santa Barbara community at 1402/1404 San Pascual St. Seven two-story buildings on 2.09 acres across two parcels, built in 1972, with about 46,844 SF of buildings and 92 parking spaces. Unit mix of 29 one-bed, 45 two-bed and a three-bed leasing office. All 74 rentable units are occupied, and current rents sit well below the property's own recent leases, giving a buyer significant upside on turnover. Recent work: re-roof permits for all seven buildings 2020, partial sewer lateral replacement 2023, rebuilt sump pumps and new owner-owned laundry machines 2026, plus Square D breaker panels. About 4 min to State Street, 5 to downtown, Cottage Hospital and the Funk Zone. Buyer to verify all information.

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Home facts

  • Year built:1969
  • Listing ID #:26-3786
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 06:02 AM

Rooms and interior

  • Living area:46,844 sq. ft.

Structure and exterior

  • Year built:1969
  • Building area:46,844 sq. ft.
  • Lot area:1.6 Acres
  • Lot Features:Near Public Transit

Schools

  • High school:San Marcos
  • Middle school:LaCumbre
  • Elementary school:Harding

Finances and disclosures

  • Price:$24,750,000
  • Price per sq. ft.:$528.35

Features and amenities

  • Laundry features:Laundry Room
Based on information from the Santa Barbara MLS as of November 13, 2026 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.

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