The Palm Tree Apartments consist of 40 units across 3 well-maintained buildings. The apartments feature (35) 450 SF 1/1 + (5) 550 SF 2/1 units. The majority of the units have been thoughtfully remodeled with updated flooring and fresh paint. Upstairs apartments offer vaulted ceilings + private balconies, while downstairs units include spacious private patios. The property's newly refreshed landscaping enhances the communal courtyard, providing tenants with a serene retreat. The roof has been well-maintained by the current ownership, with the most recent work completed in 2023. Additional amenities include assigned parking and tenant storage options. Centrally located in downtown Santa Barbara + just a few blocks from Cottage Hospital, this property is just minutes from shopping + dining.
21,687 Sq Ft
1 Private Acres Exterior Space
Investment
Built in 1971
MLS/Listing ID 25-1624
40 Units
Laundry Room
Listing Courtesy of RADIUS GROUP COMMERCIAL R.E., STEVEN GOLIS - 805-965-5500
Source of Data: SANTA BARBARA MULTIPLE LISTING SERVICE