$8,250,000

1215 Cacique St Santa Barbara, CA 93103

11,300 sqft
0.7 acres
$730 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
Size11,300 sqft
Lot size0.67 Acres
Year built1989
MLS #25-873

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

IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

19%
<35k
62%
35k-100k
16%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
15%
Single, with Kids
14%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Continuing Education CoursesContinuing Education Courses
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • QdobaQdoba
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • VolkswagenVolkswagen
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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