SB SouthSell-side
47 Ocean View Ave
Santa Barbara, CA · Closed December 2005
$5,975,000
Sale Price
26
Units
4.1%
Cap Rate
$230K
Price/Door
Multifamily
Asset Type
Transaction details
47 Ocean View Avenue in Santa Barbara, California, a 26-unit apartment property, sold in December 2005 for $5,975,000 ($229,808 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
- 47 Ocean View Ave, Santa Barbara
- Close Date
- December 2005
- Sale Price
- $5,975,000
- Units
- 26
- Cap Rate
- 4.1%
- Asset Type
- Multifamily
- Role
- Sell-side
- Submarket
- Santa Barbara South County
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