SB SouthBoth
55 Ocean View Ave
Santa Barbara, CA · Closed November 2017
$4,275,000
Sale Price
11
Units
4.17%
Cap Rate
$389K
Price/Door
Multifamily
Asset Type
Transaction details
55 Ocean View Avenue in Santa Barbara, California, an 11-unit apartment property, sold in November 2017 for $4,275,000 ($388,636 per unit). The Golis Team at Radius Commercial Real Estate represented both the buyer and 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
- November 2017
- Sale Price
- $4,275,000
- Units
- 11
- Cap Rate
- 4.17%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara South County
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