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$725,000
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Property Description
Rare chance to acquire a high-quality, professionally built-out office condo in the heart of Santa Barbara's upper State Street corridor. Suite 201 is ±1,624 SF and fully leased to an established dental practice through December 31, 2031, providing stable long-term income. The suite features an upscale interior with extensive improvements and presents a clean, modern image for medical or professional use. Offered at under $1 million with a 5.51% cap rate, this is a turnkey investment in one of Santa Barbara's most desirable commercial locations.
Full Property Details
Full Property Details for 1525 State St #201
General
- Sold For: $725,000
- Status: Closed
- Type: Business
- Source: SBAOR
- MLS ID: 25-2950
- Added to Site: 199 day(s) ago
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: W. Arrellaga St
Structural Information
- Square Feet: 1,624
Lot Features
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 027-570-007
Listed by Radius Group Commercial R.E.
Sold by Non Member Office
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Schools
Schools serving 1525 State St #201
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 #201
Date
Details
Price
Change
Source
2/13/2026
Sold
$725,000
-18.99%
MLS
10/03/2025
Price Reduced
$895,000
-3.24%
MLS
8/04/2025
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1525 State Street #201, Santa Barbara, CA 93101 (MLS# 25-2950) is a Business property that was sold at $725,000 on February 13, 2026. Want to learn more about 1525 State Street #201? Do you have questions about finding other Business 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.

