April 25, 2024
Loading...
You are here:  Home  >  Columns  >  Current Article

Santa Barbara parcel sells for nearly $12 million

IN THIS ARTICLE

Robert Shutt A parcel of land in Santa Barbara near the intersection of State Street and North La Cumbre Road has been sold by Daum Commercial Real Estate for $11.95 million. The land is currently occupied by a 48-unit multifamily housing complex. “This was a rare investment opportunity in the extremely supply-constrained Santa Barbara marketplace.…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.