SB SouthSell-side
55 Ocean View Ave
Santa Barbara, CA · Closed September 2021
$6,900,000
Sale Price
11
Units
3.75%
Cap Rate
$627K
Price/Door
Multifamily
Asset Type
Transaction details
55 Ocean View Avenue in Santa Barbara, California, an 11-unit apartment property, sold in September 2021 for $6,900,000 ($627,273 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 Ocean View Avenue.
- Address
- 55 Ocean View Ave, Santa Barbara
- Close Date
- September 2021
- Sale Price
- $6,900,000
- Units
- 11
- Cap Rate
- 3.75%
- Asset Type
- Multifamily
- Role
- Sell-side
- Submarket
- Santa Barbara South County
Own a building like this one?
Request a free Broker Opinion of Value — current comps, your rent roll, a defensible range.
Request a Free Valuation