DRE# 01440068, DRE# 02037359, DRE# 02047418

134 Chapala

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134 Chapala, Santa Barbara, California 93101

$4,200,000

  • 47 units

Golden opportunity with an estimated build-out cost of $1.6M.Location, location, location! This property is inthe heart of everything Santa Barbara has to offer.At one point in history it was used as a youthhostel with access to the beach, downtown SantaBarbara and easy access to the Amtrak Stationmaking it an ideal place for a business of that type.The property is currently vacant with conceptual design drawings available for a remodel. The building is in close proximity to beach, StearnsWharf, restaurants, shopping, the Funk Zone anddowntown Santa Barbara making it a desirabledestination as a revamped hostel.

PictureHostel rendering 1Hostel rendering 2

Property Details

Year Built
1960
Total Units
47
Zoning
Other
Terms
Cash, Ctnl
Elementary Schools
Other
Jr. High Schools
Other
High Schools
Other

MLS #19-2927 | Listed by Radius Group Commercial R.E. on 8/20/2019 | Information updated 8/20/2019 12:00 PM PST | Status: Active

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