Casa Jardin 1018 Garden St Services hôteliers 13 chambres 6 679 640 € (513 818 €/Chambre) Taux de capitalisation 6,03 % Santa Barbara, CA 93101

Casa Jardin is a boutique 13-key hotel ideally positioned in the heart of Santa Barbara’s vibrant downtown, just blocks from State Street and its premier shopping, dining, and venues. Similar to a typical Short Term Rental property, Casa Jardin is a staffless and keyless hotel, making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value.
The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests.
Price: $7,600,000
# of Keys: 13
Room Mix: 1 – 2BD/1BA w/ full kitchen
(extended stay unit)
1 – 1BD/1BA w/ full kitchen
(extended stay unit)
11 – Studio units w/
kitchenettes
APN: 029-221-033
Lot Area: 9,583 +/- SF
Building Area: 4,101 +/- SF
Zoning: G-C (General Commercial)
Year Renovated: 2023
Parking: 13 spaces w/ 8 EV chargers
(paid Tesla app)