Santa Barbara CA Multi Family for Sale
$3,495,000
E Valerio Street Santa Barbara, CA 93101
Open House:
Sunday, 11/17 1:00-3:00PM
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- 24-3582
- Subdivision:
- 15 - Upper Eastside
View additional info
Courtesy: Berkshire Hathaway HomeServices California Properties
805-687-2666
ADDITIONAL INFORMATION
Step into history with this beautifully preserved Upper East craftsman home, built in 1905 and cherished by the same family for over 50 years. The grand main house features 4-bedrooms and 3.5-bathrooms (2791 SF) w/ high ceilings, large windows, charming historic details & custom hardwood floors throughout. A versatile family room (or 5th bedroom) opens to a landscaped south-facing backyard filled w/ rose bushes & fruit trees. The primary suite offers an ensuite bathroom, a fireplace, & private study w/ ocean views. The property includes a permitted, detached 1 BD, 1 BTH cottage (770 SF) w/ private outdoor patio. Below this, excellent additional square footage w/ potential for a future ADU. Upper On a beautiful tree lined street, minutes from SB Mission & downtown. A true SB treasure!
$1,539,000
2306 Cliff Drive Santa Barbara, CA 93109
Open House:
Saturday, 11/16 1:00-3:00PM
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 24-3571
- Subdivision:
- 20 - Mesa
View additional info
Courtesy: Big Block Realty, Inc.
619-393-6633
ADDITIONAL INFORMATION
Nestled just a stroll from the stunning Mesa Lane Beach, this delightful duplex has been recently upgraded with over $150,000 in enhancements. Designed for modern living, this versatile home currently operates as a dual living space, but it can effortlessly be transformed into a spacious single-family residence tailored to your unique lifestyle. The upper level boasts a bright and inviting kitchen, two spacious bedrooms, a bathroom, and a charming view deck that overlooks the serene courtyard—perfect for sipping morning coffee or enjoying sunset cocktails. The entry-level offers a kitchen, a cozy bedroom, an office for your work-from-home needs, and an additional bathroom. Spanning nearly 1,700 square feet, this layout provides endless possibilities for both family living and entertaining guests. Recent upgrades include new electrical systems, sewer lateral, flooring, and interior/exterior paint, ensuring peace of mind and stylish comfort. Imagine living in one unit while generating rental income from the otheran ideal scenario for offsetting your mortgage! With easy access to Mesa Lane Beach/Elings Park and local favorites like Corner Tap, Rose Cafe, and Lighthouse Coffee, you're perfectly situated to embrace the vibrant community and laid-back lifestyle of Santa Barbara.
$4,950,000
1221 Chapala Street Santa Barbara, CA 93101
- Type:
- Cluster
- Sq.Ft.:
- 7,525
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.17 Acres
- Year built:
- 1987
- Baths:
- 6.00
- MLS#:
- 24455641
ADDITIONAL INFORMATION
Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.
$7,400,000
440 Por La Mar Drive Santa Barbara, CA 93103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- 24-3381
- Subdivision:
- 15 - East Beach
View additional info
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
ADDITIONAL INFORMATION
The sky's the limit for this ultra-rare waterfront-area 8-unit multi-family offering steps to Santa Barbara's best beach East Beach. Currently operated as standard long-term unfurnished rental apartments, the location of the building in the Coastal Zone and R-4 could allow for shorter-term rental uses. Other creative higher-return uses such as furnished long-term luxury rentals, corporate rentals or specialty group rentals are all possibilities in this A++ location. 2 of the 8 units have been kept intentionally vacant for the next owner to have a head start on re-positioning the property for their preferences. The property's current good condition is reflective of 20+ years of local pride-of-ownership hands-on management; 6 of the 8 units include various levels of existing upgrades, including tile floors throughout, but with plenty of room remaining for a new owner's value-add to a next level of luxury appropriate for the location. Projected cap rate after next AB 1482 round of rent bumps is estimated at ~4%, before any new value-add or other re-positioning for much higher potential cap rates - great numbers for a solid well-located Santa Barbara waterfront-area apartment building. Tenants and/or an owner-occupant would be within 1-2 blocks of casual and upscale dining and the world-renowned volleyball courts and soft sand of East Beach, and within a mile of both State Street / Stearns Wharf and Coast Village Road in Montecito. See the Offering Memorandum (unbranded) under Documents for more details about financial projections, floorplans and nearby amenties. Don't miss this rare generational investment opportunity!
$2,750,700
E Pedregosa Street Santa Barbara, CA 93103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1912
- Baths:
- MLS#:
- 24-3348
- Subdivision:
- 15 - Riviera/lower
View additional info
Courtesy: Compass
805-284-0881
ADDITIONAL INFORMATION
Welcome home to this remarkable 1912 Craftsman triplex that is gracefully perched above a quiet Lower Riviera street on a lot that borders the City's 4-acre Orpet Park. The lower level owner's apartment has 3 bedrooms & 2 bathrooms, hardwood floors, a cozy fireplace, 2 sets of French doors, & a sunroom. The upper level contains a charming studio and a 1-bedroom apartments that are currently leased, both with arched nooks & full bathrooms. There are tree-top City & ocean views from all 3 apartments. The many modernized upgrades to all 3 apartments blend seamlessly with the property's original classic charm.
$2,650,000
640 W Ortega Street Santa Barbara, CA 93101
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.55 Acres
- Year built:
- 1979
- Baths:
- MLS#:
- 24-3329
- Subdivision:
- 20 - Westside
View additional info
Courtesy: JT Real Estate Group
805-724-0557
ADDITIONAL INFORMATION
Very well maintained fourplex in Santa Barbara. This Pride of Ownership property is located at the end of a cul de sac street offering a quiet setting with mountain views. You really need to see the property and the vacant unit to realize the great condition and setting this property offers. See copy of sales flyer for more information.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 24-3313
- Subdivision:
- 15 Or 20 - Downtown
View additional info
Courtesy: Hayes Commercial Group
805-563-2111
ADDITIONAL INFORMATION
Conveniently located just three blocks from State Street and near the many amenities of Downtown Santa Barbara, this value-add multifamily opportunity has been priced to account for the work the property requires: structural work, new roof, site work, exterior and interior updates and improvements. Ideal for a contractor, developer or savvy investor to improve and remodel five rental units while mitigating the issues around tenancies. Per plans with the City, this 1920's Craftsman-style building totals 2,750 SF and consists of a 2BD/1BA, a 1BD/1BA, and three Studios. The property provides five onsite parking spaces and common laundry for the tenants. Three of the five units will be vacant at the COE.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 24-3242
- Subdivision:
- 20 - Oak Park
View additional info
Courtesy: Hayes Commercial Group
805-563-2111
ADDITIONAL INFORMATION
Turnkey apartment building! No significant capital improvements needed. Extensively remodeled 11-unit multifamily property located just one block from Cottage Hospital, minutes from Downtown and Uptown Santa Barbara, and near the beach and Highway 101. This Spanish-style property consists of an ideal unit mix featuring nine (9) large 2BD/2BA units and two (2) large 1BD/1BA units and offers tenants an intimate common courtyard along a creek setting amongst mature sycamores, pines and oaks. The property features 16 off street parking spots, private patios and/or decks for each unit, common onsite laundry facilities, bike storage, and tenant storage closets. Each unit has been tastefully remodeled with new wood-like vinyl flooring, new tile, new gourmet kitchens, new bathrooms, new appliances, new fixtures, new doors, new windows, and new paint throughout. The exterior has been improved with a new smooth stucco exterior, updated staircases and handrails, updated patios and decks, new exterior paint, new patio pavers, and improved landscaping. This recent remodel was completed to ensure an owner is able to obtain top dollar from Oak Park's rental market. *Square footage is estimated and only includes livable areas and laundry/storage rooms. ** Current Rents include current asking rents for four units that are currently vacant
$2,099,000
918 E Ortega Street Santa Barbara, CA 93103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 2004
- Baths:
- MLS#:
- 24-2616
- Subdivision:
- 15 - Lower Eastside
View additional info
Courtesy: Hayes Commercial Group
805-563-2111
ADDITIONAL INFORMATION
Built in 2004, this tastefully designed Cape Cod duplex is perfect for an owner-occupant looking to make one of these spacious units their home, or for an investor looking for a quality property with significant rent potential. Downstairs is a 3BD/2BA with an additional room totaling 1,188 square feet of living space that boasts top-of-the line appliances, in-unit washer and dryer, a gas fireplace in the living room, and excellent natural light throughout. Upstairs is a 3BD/2BA totaling 1,361 square feet of living space offering gorgeous views of the Riviera from the entry deck and kitchen, vaulted ceilings, living room and primary suite, newer counter tops, fixtures and lights in the kitchen and in-unit washer and dryer. Currently, both units share a 442 square foot two-car garage. This property has been lovingly cared for by its owner and is primed for the next generation of ownership to capitalize on the property's quality and size. Top floor owner's unit will be available for an owner occupant. Downstairs is currently rented for $5,295 per month with market rent estimated at $5,500. Upstairs estimated market rent is $5,700. Both occupants share all utilities 50/50. Total gross income potential is $131,940 annual.
$2,395,000
233 W Quinto Street Santa Barbara, CA 93105
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- 24-2531
- Subdivision:
- 15 Or 20 - Downtown
View additional info
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
ADDITIONAL INFORMATION
Available for the first time in over 50 years: a rare under-developed parcel adjacent to Cottage Hospital medical buildings. The property has 3 apartment units at the front, with the back half undeveloped. Recent positive housing density legislation provides a great opportunity for developers to add to or fully redevelop the parcel. Dual access is available via a public alley. The location is prime by Cottage, Sansum Clinic and numerous medical specialists, as well as the Upper De La Vina commercial corridor. The Offering Memorandum in Documents includes a land-use report projecting up to 11 apartment units. Unique development opportunity in a highly desirable area of Santa Barbara, or also consider for standard investor/1031 exchange as income + land-bank. Walk property by appt. only.
$2,595,000
W Islay St Santa Barbara, CA 93101
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- 24-2284
View additional info
Courtesy: Hayes Commercial Group
805-563-2111
ADDITIONAL INFORMATION
Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of the four units include laundry. The 3BD/2.5BA portion of the main home will be delivered vacant, allow¬ing for an owner to obtain full market rate rents or occupy it themselves. A new owner may also explore converting the separated unit and existing garages into legal dwell¬ings under the additional dwelling unit (ADU) legislation to maximize rental income. See ''more'' Utilities: Master metered for all utilities To Show: Call listing agent. Do not disturb tenants. The property benefits from plentiful off-street parking and garage storage for tenants or owner.
$1,499,000
206 W Cota Street Santa Barbara, CA 93101
Open House:
Sunday, 11/17 12:00-2:30PM
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- 24-2150
- Subdivision:
- 15 Or 20 - Downtown
View additional info
Courtesy: eXp Realty of California, Inc.
805-364-9009
ADDITIONAL INFORMATION
Introducing a charming duplex in downtown Santa Barbara, each unit featuring 1-bed/1-bath with a walled front garden and private outdoor courtyards. Located just 2 blocks from the vibrant State Street Promenade and a short stroll from the beach, this property offers the ultimate in convenience & coastal living. Recently updated, it boasts modern amenities and stylish finishes like new stainless steel appliances, air conditioning, vinyl floors & windows, quartz countertops, new landscaping, and off-street parking. This duplex can be used as an owner-occupied home w/ extra income to offset the mortgage, or it is an ideal investment property w/ positive cash flow & expansion potential for an additional unit. Don't miss this fantastic opportunity to own a piece of paradise in a prime location
$3,595,000
706 E Haley Street Santa Barbara, CA 93103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2016
- Baths:
- MLS#:
- 24-2128
- Subdivision:
- 15 Or 20 - Downtown
View additional info
Courtesy: Hayes Commercial Group
805-563-2111
ADDITIONAL INFORMATION
706 E Haley St is an extensively rebuilt/remodeled, 3-building, mixed property consisting of 3 commercial suites, 5 apartments & 3 1-car garage. The main building & garages were rebuilt in 2016, plus a freestanding comm. building was completed in 2023, creating a top-quality property in like-new condition. This premier property can be delivered 100% occupied with the Seller leasing back their 1,474 SF office at market terms; or, the Seller can possibly deliver all the commercial suites and garage vacant at the close of escrow.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- V1-23995
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Enjoy the benefits of a short-term typical investor return for the area, while working to realize significant long-term upside (5%-6%+ cap rate) which may be attainable for this central Santa Barbara multi-family asset. The location is a few blocks to Cottage Hospital, and within 1-2 miles of several other major employment centers and the signature Santa Barbara amenities of downtown restaurants/retail, the Theater/Arts district, the waterfront/beaches, and Santa Barbara City College. Along with close proximity to freeway access and artery streets allowing tenants ease-of-access, these factors combine to generate unmatched tenant demand. Recent upgrades include a brand-new roof and sewer lateral improvements. See Offering Memorandum in Documents.
$3,600,000
130 W Padre Street Santa Barbara, CA 93105
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 24-1843
View additional info
Courtesy: Radius Group Commercial R.E.
805-965-5500
ADDITIONAL INFORMATION
New 2023 remodeled multifamily asset located on the corner of W. Padre and De La Vina Streets. This multifamily investment property consists of eight (8) 1BD/1BA apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing & electrical upgrades, and landscaping. This garden-style apartment complex also features on-site laundry and parking, convenient freeway access and walking distance to various restaurants, markets and many other amenities. Please visit our website for full PDF brochure.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 2011
- Baths:
- MLS#:
- 24-507
- Subdivision:
- 15 Or 20 - Downtown
View additional info
Courtesy: Village Properties - 1
805-681-8800
ADDITIONAL INFORMATION
''CASITAS CARINOS'' ANDALUSIAN ARCHITECTURAL GEM Built in 2011 on a rare corner lot 50' by 100' in downtown Santa Barbara stands this truly magnificent apartment complex thoughtfully and creatively designed and constructed with high quality materials by the Builder/Architect Owner. This harmonious blend of desirable units each with a private roof top terrace or private brick patio, all perfect for alfresco dining in addition to 3 ½ garages with ample driveways. All the spacious and thoughtfully oriented units offer French doors, laminate floors, stainless steel appliances, stacked washers and dryers, granite countertops in kitchens and bathrooms and a wrought iron fenced country garden/grassy courtyard seating area with a fire pit for all the tenants who know that living here is wonderful Thus, property has zero vacancy with downtown and transportation just a block away. An incredible offering at $3,600,000 monthly income of $14,200.00.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than Xome Inc. are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers.
Santa Barbara Real Estate
The median home value in Santa Barbara, CA is $2,250,000. This is higher than the county median home value of $863,600. The national median home value is $338,100. The average price of homes sold in Santa Barbara, CA is $2,250,000. Approximately 38.65% of Santa Barbara homes are owned, compared to 55.47% rented, while 5.88% are vacant. Santa Barbara real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Barbara real estate agent to arrange a tour today!
Santa Barbara, California has a population of 89,132. Santa Barbara is less family-centric than the surrounding county with 24.59% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Santa Barbara, California is $89,243. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Santa Barbara is 39.1 years.
Santa Barbara Weather
The average high temperature in July is 73.1 degrees, with an average low temperature in January of 43.1 degrees. The average rainfall is approximately 18.5 inches per year, with 0 inches of snow per year.