1221 Laguna St - The funnest and best property opportunity in Sunny Happy Santa Barbara. Land, lots of land. 7,000 SqFt of it. Twice the size of many lots. Multiple Houses. Multiple high rental income. Directly downtown. Courthouse, State, Granada Theater, Bowl, SB High (Go Dons!) - all 2 - 4 blocks. Car-free Life. The best location creates the best opportunities and best SB lifestyle. Not just land, income. Up front, a classic Cali Bungalow. 2B/1B/1054SqFt. Sunny. Silent. Happy. 5-6K rent. In the middle of the property, a convrtd Garage w/a King + Full Bath. In the backyard, pure SB Magic - a 550sq Ft renovated 1B/1B Cottage from the 1800s. Hand-chiseled floors. Vaulted ceilings. Impossibly unique. Incredible soul. 4K rent. 1221 Laguna St is Endless Potential. Move in and clean up the rough edges, or rent out multiple units and enjoy income, or build out high-value downtown units. Unlike any other downtown property this is a must see property.
Incredible opportunity to own a centrally located 1-bedroom, 1-bathroom home just 0.5 miles from downtown Santa Barbara. This 588 sq ft cottage offers exceptional walkability to some of the city's most iconic landmarks, including the Santa Barbara Courthouse Gardens (0.6 mi), Arlington Theater (0.5 mi), Granada Theater (0.5 mi), and Stearns Wharf (1.8 mi). The home features several recent updates, including a brand new roof (December 2025), new attic insulation, a brand new toilet, new bathroom faucet, new shower head, and a replaced kitchen faucet. Windows were replaced in 2014, and a new sewer lateral line has been installed (April 2025)—offering key functional upgrades for future renovation or restoration. The living room and dining room feature classic wood louvered shutters, adding character and allure to the space. This home is an ideal opportunity for first-time home buyers or buyers looking to add sweat equity and personalize a charming property in a highly desirable location. With its prime location and strong short-term rental appeal, the property also presents excellent Airbnb potential for investors. Don't miss this unique opportunity to bring new life to a property just minutes from Santa Barbara's vibrant downtown, world-class dining, and the beach.
Welcome to 1500 Anacapa Street, an iconic Spanish Colonial Revival property located at the prominent corner of Anacapa and Micheltorena Streets in the heart of downtown Santa Barbara. This versatile property spans approximately 2,835 square feet of above-ground living space, plus an additional 250 square feet of unfinished basement, offering ample storage or potential for future customization. Set on a spacious 9,583 square foot lot, the property features timeless architectural details such as handcrafted wrought iron accents, red Spanish tile roofing, and an original gas fireplace, embodying the historic charm and elegance of Santa Barbara's renowned aesthetic. Highlights include eight on-site parking spaces—a rare find in downtown—enhanced by proximity to the vibrant offerings of State Street, Alameda Park, and Alice Keck Memorial Garden. Zoned O-R, the property presents an exceptional opportunity for a range of potential uses, including luxurious single-family living, multi-family development, boutique hospitality, or mixed-use configurations, subject to city approvals. Meticulously maintained and ready for immediate transformation, 1500 Anacapa Street offers an extraordinary chance to own a piece of Santa Barbara’s history and create a one-of-a-kind property in the “American Riviera.” Disclaimer: Buyers are advised to verify intended uses with the City of Santa Barbara and conduct their own due diligence.
An exceptional investment opportunity across from the beach in Santa Barbara's coveted waterfront district. This mixed-use property features the renowned Toma Restaurant & Bar—one of the city's most celebrated dining destinations—and a charming single-family residence offering flexible use or rental income. Situated directly along Cabrillo Boulevard with stunning ocean views, this property lies just steps from the harbor, Stearns Wharf, and downtown. With its premier location and zoning, the site presents strong potential for future hotel development, making it ideal for investors or developers Development Potential 3,000 SF of additional nonresidential floor area may be developed per the City's Growth Management Program. Year Built Estimated 50+ years ago Tenant Toma Restaurant + SFR resident Parking None; legal non-conforming with credit for 13 spaces HVAC Yes Restrooms Three To Show Call listing agent

Santa Barbara is located in California. Santa Barbara, California 93101has a population of 89,132. Santa Barbara 93101 is less family-centric than the surrounding county with 26.85% 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 93101 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 93101 is 39.1 years.
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.