33 Carrillo StSanta Barbara, CA 93101

Property Details for 33 Carrillo St

Lot size

0.07 AC

Property type

Parking lots & garages

APN

039-282-022

APU

39282022

Description

This exceptional Class A office building, located at 33 East Carrillo Street in the heart of Santa Barbara's downtown business district, presents a unique opportunity. The property, situated on a highly desirable corner lot at the intersection of Carrillo and Anacapa Streets, offers 14,148 square feet of total space, with 6,910 square feet currently vacant. Built in 1954 and extensively renovated in 2019, this two-story building boasts a traditional office layout adaptable to creative or executive office needs. The vacant space presents a rare opportunity for a full-floor tenancy. The building features 11 total parking spaces, a significant advantage in the downtown area, and includes elevators for convenient access to both floors. Zoned C-2, this property is ideally situated just one block from State Street, providing immediate access to a wide array of restaurants, coffee shops, and other amenities. The 0.28-acre lot ensures ample space and visibility. Further details regarding second-floor demising options are available upon request. This is an exceptional opportunity to secure a prominent presence in Santa Barbara's thriving downtown core. The property's combination of location, size, amenities, and recent renovations makes it an ideal choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,337,086

  6.5%

  $1,234,234

  7%

  $1,146,074

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,461,090

  Geo Method

  $1,461,090

• Alternative Use

  Use

  Valuation

  Residential

  $1,041,122

  Hospitality

  $953,662

  Educational

  $793,436

  Medical

  $820,723

  Retail

  $1,234,234

Location Insight

City

Santa Barbara

County

Santa Barbara

State

California

Latitude

34.4228

Longitude

-119.701

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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