$25,000,000 - 20 80 Oceano Avenue, Santa Barbara
- 11Beds
- 8Baths
- 0.89Acres
Santa Barbara Home Sale
Nestled in the vibrant and picturesque Mesa neighborhood of Santa Barbara, Sea Cliff Apartments offers a unique and highly coveted investment opportunity. This expansive oceanfront property, comprising 29 meticulously designed units, is just steps away from the pristine sands of Leadbetter Beach, seamlessly combining high rental demand with luxurious lifestyle amenities. Each residence is thoughtfully crafted to optimize space and rental potential, nine of them are short term vacation rentals, which are equipped with top-tier amenities. Select units boast private balconies -- some with hot tubs -- providing tenants with exclusive comfort and leisure.Monthly Long Term Tenant Income: $73,858Estimated Monthly Vacation Rental Income: $72,000 TOTAL: $145,858/month; $1,750,296/annualThe complex also includes a stunning oceanfront rooftop deck, perfect for events and social gatherings, enhancing its allure as a desirable living destination.Strategically positioned within walking distance to an array of restaurants, shopping centers, and entertainment venues, Sea Cliff Apartments offers tenants unparalleled access to the finest coastal lifestyle Santa Barbara has to offer. This blend of convenience, luxury, and prime location makes Sea Cliff Apartments a standout investment in the thriving beachfront community of The Mesa.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- Parking Spaces39
- ParkingAssigned, Attached Carport, Covered, Underground
- GaragesAssigned, Attached Carport, Covered, Underground
- PoolNone
Additional Information
- Date ListedAugust 19th, 2024
- Days on Market64
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #V1-25281
- Price$25,000,000
- Bedrooms11
- Bathrooms8.00
- Acres0.89
- Year Built1970
- TypeResidential Income
- StatusClosed
- Listing AgentSteven Golis
- Listing OfficeRadius Group Commercial RE
Exterior
- Lot DescriptionSprinklers None
Community Information
- Address20 80 Oceano Avenue
- AreaVC81 - Santa Barbara
- SubdivisionSanta Barbara: Other
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93109
Interior
- HeatingRadiant
- CoolingNone
- FireplacesNone
- StoriesMulti/Split
Price Change History for 20 80 Oceano Avenue, Santa Barbara, (MLS® #V1-25281)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | – | – | |
| Pending (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of December 7th, 2025 at 3:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.