SB SouthSell-side
515 E Arrellaga St
Santa Barbara, CA · Closed September 2022
$6,595,000
Sale Price
17
Units
3.54%
Cap Rate
$388K
Price/Door
Multifamily
Asset Type
Transaction details
515 East Arrellaga Street in Santa Barbara, California, a 17-unit apartment property, sold in September 2022 for $6,595,000 ($387,941 per unit). The Golis Team at Radius Commercial Real Estate represented the seller. It is one of 231 sales the team has closed in Santa Barbara South County since 2003, including 5 on Arrellaga Street.
- Address
- 515 E Arrellaga St, Santa Barbara
- Close Date
- September 2022
- Sale Price
- $6,595,000
- Units
- 17
- Cap Rate
- 3.54%
- Asset Type
- Multifamily
- Role
- Sell-side
- Submarket
- Santa Barbara South County
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