#24-3381, Ken Switzer, Listing Office: Berkshire Hathaway HomeServices California Properties
1215 Cacique St Santa Barbara, CA 93103
Property details
About 1215 Cacique St
We are pleased to present Sycamore Creek Apartments, an 18-unit multifamily investment opportunity in Santa Barbara, CA. Situated on a 29,185 SF lot, the property consists of three buildings with 16 one-bedroom units, a two-bedroom apartment, and a standalone two-bedroom house with a den. The property has undergone over $500,000 in capital improvements (2022-2025), including new roofs, a repaved parking lot, brand-new sewer laterals, exterior repainting, and SB 721-compliant balcony replacements. With minimal deferred maintenance, an investor can focus on maximizing rents and long-term appreciation. Also, There is a highly attractive assumable Chase Bank loan is in place through August 2027.
Highlights
Summary
- MLS Number: 25-873
- MLS Name: Santa Barbara Multiple Listing Service
- Office Name: Marcus and Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Filip Niculete
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Last updated on: 3/14/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$8,250,000
1215 Cacique St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,020,938 | $21,482 |
2023 | $1,981,313 | $21,091 |
2022 | $1,942,465 | $20,728 |
2021 | $1,904,379 | $20,249 |
2020 | $1,884,853 | $20,039 |
2019 | $1,847,896 | $19,411 |
2018 | $1,811,664 | $19,411 |
2017 | $1,776,142 | $18,770 |
History based on county public records data.
Nearby schools
7
Franklin Elementary School
Public District PK-6
0.3 mi
•1111 E Mason St
5
Cleveland Elementary School
Public District PK-6
0.4 mi
•123 Alameda Padre Serra
5
Adelante Charter
Public Charter KG-6
0.4 mi
•1102 E Yanonali St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,144. Most Santa Barbara, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1215 Cacique St in Santa Barbara, CA and zip code 93103 in the Eastside neighborhood. This 11,300 square foot home, which was built in 1989, sits on a 0.67 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $8,250,000.
While more than 27 listings in Santa Barbara, CA in February 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 44 were sold below. The inventory of homes for sale in Santa Barbara, CA between January and February 2025 increased by 9.8%. In February 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $2,103,857.