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$975,000
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Property Description
Attractive investment offering in a prime Santa Barbara location. Suite 102 comprises 2,691 usable square feet and is fully leased through July 31, 2027, providing steady income with a strong 7.00% cap rate. The space features a versatile open layout with private offices, a kitchenette, private and common restrooms, and both an exterior entrance and interior access via a shared hallway. Well maintained and thoughtfully designed, this suite appeals to a wide range of professional tenants. Upon lease expiration, the property offers excellent flexibility for owner-user occupancy or continued investment hold.
Full Property Details
Full Property Details for 1525 State St #102
General
- Price: $975,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 25-3001
- Updated: 8/22/2025
- Added to Site: 162 day(s) ago
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: W. Arrellaga St
Structural Information
- Square Feet: 2,691
Lot Features
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 027-570-007
Listed by Radius Group Commercial R.E.
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Schools
Schools serving 1525 State St #102
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 1.2 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1525 State St #102
Date
Details
Price
Change
Source
8/08/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1525 State St #102
Year
Property Taxes
Change
Tax Assessment
Change
2025
$47,846
2%
$4,523,766
2%
2024
$47,028
2%
$4,435,065
2%
2023
$46,174
2%
$4,348,107
2%
2022
$45,381
2%
$4,262,851
2%
2021
$44,338
1%
$4,179,267
1%
2020
$43,881
2%
$4,136,415
2%
2019
$43,117
1%
$4,055,310
2%
2018
$42,507
3%
$3,975,795
2%
2017
$41,104
3%
$3,897,839
2%
2016
$39,989
1%
$3,821,411
2%
2015
$39,550
2%
$3,764,013
2%
2014
$38,899
—
$3,690,282
—
2013
$38,723
—
$3,673,605
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1525 State St #102
1525 State Street #102, Santa Barbara, CA 93101 (MLS# 25-3001) is a Commercial property. 1525 State Street #102 is currently listed for $975,000 and was received on August 08, 2025. Want to learn more about 1525 State Street #102? Do you have questions about finding other Commercial real estate for sale in West of State? You can browse all West of State real estate or contact a Coldwell Banker agent to request more information.

