SB SouthBoth
20-80 Oceano Ave
Santa Barbara, CA · Closed February 2025
$21,150,000
Sale Price
29
Units
3.93%
Cap Rate
$729K
Price/Door
Multifamily
Asset Type
Transaction details
20-80 Oceano Avenue in Santa Barbara, California, a 29-unit apartment property, sold in February 2025 for $21,150,000 ($729,310 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.
- Address
- 20-80 Oceano Ave, Santa Barbara
- Close Date
- February 2025
- Sale Price
- $21,150,000
- Units
- 29
- Cap Rate
- 3.93%
- Asset Type
- Multifamily
- Role
- Both
- Submarket
- Santa Barbara South County
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