Anonymous
Active
$7,600,000
1018 Garden St · Santa Barbara
$6k sqft0.22 ac lotAPN 029-221-033
HospitalityZoned C-2Single tenant
ABOUT THIS PROPERTY
Exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone. Immediate income and long-term strategic upside. Designed and operated as a staffless and keyless hotel similar to a typical short-term rental property, making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Each room is approved as a separate condominium, allowing potential to sell units individually and unlock additional future value.
FINANCIALS
Price per sqft$1310/sqft
Advanced cap rate expansion / NOI modeling coming soon in the Commercial Analysis tool.
PROPERTY SPECIFICS
Units / keys
13
COMING SOON
Commercial investment analysis

Full cap rate expansion, NOI modeling, 10-year cash flow projection, and exit strategies coming to Mondos this fall.

Listed by Hayes Commercial Group · MLS 26-1582