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$1,100,000
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Property Description
Rare opportunity to acquire a large office condo configuration in the heart of Santa Barbara's upper State Street corridor. Suite 202 consists of three legal condos totaling 2,664 SF, currently leased to a single tenant on a rolling 90-day termination clause, offering both short-term income and long-term flexibility. The space features a predominantly open layout with a few private offices, a conference room, a kitchenette, and abundant natural light throughout. Ideal for an investor seeking upside or an owner-user looking for future occupancy potential in a well-located, professional setting.
Full Property Details
Full Property Details for 1525 State St #202
General
- Price: $1,100,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 25-2952
- Updated: 10/3/2025
- Added to Site: 166 day(s) ago
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: W. Arrellaga St.
Structural Information
- Square Feet: 2,664
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 #202
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 #202
Date
Details
Price
Change
Source
10/03/2025
Price Reduced
$1,100,000
-6.38%
MLS
9/17/2025
Price Reduced
$1,175,000
-14.55%
MLS
8/04/2025
Listed
$1,375,000
—
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 #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,254
2%
$103,440
2%
2024
$1,231
2%
$101,412
2%
2023
$1,206
2%
$99,425
2%
2022
$1,182
3%
$97,476
2%
2021
$1,147
1%
$95,566
1%
2020
$1,134
2%
$94,588
2%
2019
$1,114
2%
$92,734
2%
2018
$1,097
3%
$90,916
2%
2017
$1,060
-6%
$89,135
2%
2016
$1,123
1%
$87,388
2%
2015
$1,110
1%
$86,076
2%
2014
$1,095
1%
$84,391
—
2013
$1,089
—
$84,011
—
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 #202
1525 State Street #202, Santa Barbara, CA 93101 (MLS# 25-2952) is a Commercial property. 1525 State Street #202 is currently listed for $1,100,000 and was received on August 04, 2025. Want to learn more about 1525 State Street #202? 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.

