Courtesy: Village Properties - 1
805-681-8800
Flexible, updated, and full of possibility, this nearly 3,400 sq ft home, located in the desirable Peabody School District, offers 4 bedrooms, 4 bathrooms, PLUS a permitted JADU (studio + bath)--ideal for income, guests, or multi-generational living. Natural light fills the interiors, highlighting the easy indoor/outdoor flow from the kitchen and living spaces. The recently renovated kitchen features designer cabinetry, quartz countertops, and stainless steel appliances, while bright, refreshed bathrooms & polished concrete floors downstairs add a clean, modern feel. An expansive flex room downstairs creates options for a media room, gym, office, playroom, or future ADU potential. Thoughtful upgrades include dual-pane windows and sliders, solid core interior doors, upgraded electrical panel, tankless water heater, and central A/C. Outside, enjoy a Trex viewing deck with ocean and island views, a private fenced yard with drought-tolerant landscaping, concrete paver driveway, 2-car garage, and ample parking. This meticulously maintained home offers something rare: flexibility, income potential, and space that truly grows with you!
Courtesy: Requisite Luxury Properties
805-570-9968
Exceptional Residential Income opportunity in a prime Santa Barbara location. This property features a spacious main residence plus a permitted apartment (with separate access), both delivered vacant -- offering immediate flexibility for investors or owner-occupants seeking rental income. Ideal for live-in-one, rent-the-other, multigenerational living, or full investment strategy. Strong rental demand in the area supports excellent long-term income potential. Conveniently located near downtown, shopping, and major commuter routes. Rare opportunity to secure a versatile two-unit property in Santa Barbara's competitive market. Property also offers oversize 1-car garage and large view deck. Apartment has two private decks off bedroom & living area. Recently painted interiors & new carpet.
Courtesy: Hayes Commercial Group
805-563-2111
Fully rebuilt, three-building mixed-use property featuring three commercial suites, five upscale apartments, and three one-car garages. Reconstructed in 2016, with an additional freestanding commercial building added in 2023, the property offers modern design and quality finishes throughout. Residential units include designer lighting, stainless steel appliances, in-unit washer/dryers, and laminate flooring, plus access to a shared patio with BBQ; three units have private patios. Commercial spaces feature exposed truss ceilings, metal HVAC ducting, LED lighting, and flexible office layouts. The property may be delivered fully leased or partially vacant at closing.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-687-2666
Versatile Downtown Santa Barbara Triplex - Ideal Owner-User Opportunity. Exceptional opportunity to own a well-located triplex in one of Santa Barbara's most vibrant neighborhoods. Just minutes from downtown, local schools, shopping, restaurants, the beach, and convenient transportation, this property offers flexibility, income potential, and lifestyle all in one. The property features three separate units: 3-bedroom, 2-bath owner's unit, currently vacant and ready for immediate occupancy. 2-bedroom, 1-bath rental unit, currently occupied. 1-bedroom, 1-bath rental unit, currently vacant. All units are in reasonably good condition, offering solid rental potential and comfortable living spaces. 2-car garage plus on-site parking adds practical value for residents and tenants alike. This is an ideal setup for an owner-user seeking to live in the 3-bedroom residence while generating income from the additional units to offset the cost of ownership. Whether you're looking to build long-term equity, create a multi-generational living arrangement, or secure a strategic investment near downtown Santa Barbara, this property delivers flexibility and opportunity. A rare chance to combine lifestyle and income in a prime coastal setting.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-319-7070
Rare offering of this timeless Colonial-style duplex in a prime location--just one property off State Street. With over 3,000 square feet of living space, the property presents a wealth of possibilities: live in one unit and rent the other, create an ideal setup for multigenerational living, or rent both units for strong income potential. The expansive 3-car garage offers additional upside--consider converting it into an ADU, or reimagine the entire property as a spacious single-family home. The lower unit features 3BD/2BA; the upper offers 2BD/1BA plus a sunroom. Both boast large living rooms, fireplaces, bay windows, formal dining rooms, breakfast nooks, built-ins, and other period details. Architectural charm and unbeatable proximity to shops make this a unique investment opportunity.
Courtesy: Village Properties
805-969-8900
Ideally situated between the Upper East and Lower Riviera, this turnkey property offers effortless access to Santa Barbara's most beloved landmarks and entertainment. Extensively remodeled from 2025-2026, 518 E Islay pairs crisp contemporary architecture and warm, inviting interiors with modern systems, meticulous craftsmanship, and an all-electric design. Interiors showcase engineered wide-plank wood flooring, smooth skim-coated walls, new doors and hardware, curated lighting, and mini-split HVAC. Kitchens and bathrooms are fully rebuilt with custom cabinetry, stone surfaces, refined fixtures, and new appliances. Each unit features a spacious outdoor deck, ideal for seamless indoor-outdoor living and entertaining. Exterior enhancements include stucco, a standing-seam metal entry roof, professional landscaping, wrought iron fencing and private two-car garages with EV chargers and motorized doors. Ideal for an owner-user, the duplex allows one to live in a unit while renting the other for supplemental income, or accommodate extended family, multi-generational living, or future lifestyle flexibility.
Courtesy: Keller Williams Realty Santa Barbara
805-456-3600
16 bedrooms one block to SBCC and close to the beach. These 4 bedroom, 1.5 bath units were completely remodeled in 2013. New driveway was installed less than a year ago. All units have in unit washers and dryers.
Courtesy: Douglas Elliman of California, Inc.
949-270-0440
Exceptional multi-unit investment opportunity located in Santa Barbara's sought-after Eastside neighborhood. This Victorian-style four-plex consists of three separate structures, including a three-bedroom, two-bath single-family residence; a duplex featuring a three-bedroom, three-bath unit and a four-bedroom, two-bath unit; and a detached one-bedroom, one-bath unit. The property offers multiple income streams with potential for value enhancement through renovations or reconfiguration, subject to buyer investigation and applicable approvals. Conveniently situated just minutes from downtown Santa Barbara, beaches, hiking trails, dining, and shopping, the location provides access to a wide range of amenities and coastal lifestyle offerings. This Eastside property presents an opportunity for investors seeking income potential and long-term ownership in a well-located Santa Barbara neighborhood.
Courtesy: Compass
805-253-7700
A great opportunity to own 2 fully detached, private residences, ideal for long term investment, multi generational living, or living in one while generating meaningful rental income from the other. Moments from City College, the Mesa, downtown, and some of the area's favorite restaurants, shops and beaches. Each home offers 3-bedrooms and 2-baths along with its own fenced outdoor space, patio, laundry, spacious two car garage, and generous off-street parking, creating a setting that feels more like single family living than a typical duplex. Unit B features attic space of more than 300 square feet, ideal for a home office, creative studio, or flexible space. This is a property that supports a true Santa Barbara lifestyle, offering walkable convenience, easy access to public transportation, privacy, and flexibility in one cohesive offering. Opportunities like this are becoming increasingly rare. The combined measured square footage of both units is approximately 2,800 square feet. Delivered vacant, the property allows the next owner to shape and maximize its full potential from day one.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-687-2666
A unique opportunity to own 2 houses on one lot located on a quiet street in the heart of Santa Barbara! 610 W Valerio is a charming 2-bedroom/ 1-bathroom house with original hardwood floors and a private patio. 1702 Sunset is currently set up as a spacious 4-bedroom/ 2-bathroom house (rented for 4,500/month) with a rooftop patio and mountain views and a bright studio with a private patio. The houses are separately metered, have their own laundry areas and a shared driveway for off- street parking. Several recent updates were made including a new water heater, roof, fresh paint and new carpet in 610 Valerio and a new water heater, new kitchen cabinets& countertops in 1702 Sunset. This is an ideal investment property with the opportunity to live in one unit and generate rental income!
Courtesy: Blue Star Real Estate
805-403-3630
Spectacular opportunity to own a rarely available duplex in University Village. Tucked away on a short, quiet cul-de-sac, this property offers an ideal combination of privacy, location, and versatility—close to everything Goleta has to offer. Featuring two well-designed units the two story townhouse-style unit offers 1,238 sq ft with 2 bedrooms and 1.5 baths.The second unit is a single-level 2-bedroom, 1-bath home with 953 sq ft. Both units enjoy private, fenced outdoor spaces, perfect for relaxing or entertaining. Each share a spacious two-car garage. Amenities include use of the community pool, both tennis and basketball courts, and a fun playground area. This duplex is ideal for an owner-occupant, with rental income helping to subsidize monthly payments. Opportunity knocks!
Courtesy: Diamond Properties
805-403-2891
Your opportunity to own a uniquely positioned triplex with off-street parking in prime downtown Santa Barbara. Close to the historic 4-star Upham Hotel. Great for someone who wants to live in one unit and rent the others units or for an excellent income generator in the heart of downtown. Front home is a 2 Bed 2 bath craftsman style home 9-foot ceilings, hard wood floors throughout, formal dining room off the living room with coffered ceilings and classic built ins. remodeled kitchen and bath with all new appliances. The main house has 3 fireplaces ! There is an adjacent 1 bedroom apartment with hardwood floors and a loft, A large 1 bedroom apartment behind the main house. Projected rents Main House $5150, bedroom with loft $3250 and the 1 bedroom apartment $4250 Projected Rent $12650
Courtesy: Diamond Properties
805-403-2891
Front home is a 3 Bed 2 bath craftsman style home built in 1917 9-foot ceilings throughout, wood floors throughout, new recessed lighting, formal dining area off the living room with coffered ceilings and classic built ins, separate sunroom, a huge stand-up attic, working fireplace, crown moldings, sweet front porch and so much more. The front unit is currently being rented $5.175 per month The back building consists of a beautiful 2 bed 1 bath unit (current rent $3,300) and a large studio (current rent $2,350) This property has three one car garages.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
1306+1308 Bath Street is a prime-location downtown duplex with many rooms and square footage, plus a detached 2-car garage, delivered vacant for the next owner to maximize its potential. Downstairs unit is a 4-bed/2-bath with separate entrances for potential conversion to a main unit + Junior ADU unit. Upstairs is a spacious 2-bed/1-bath apartment; the combined measured square footage for both apartments is over 2500+/- SF. Zoning is R-M and within the highest density (63 units per acre) overlay for Average Unit Density (AUD) plus SDBL development. Upgrade the existing units, convert spaces to additional unit(s) through ADU('s), and/or develop further through the AUD overlay. Great location within 2-3 blocks of the Public Market, fine dining, and the Arlington and Granada Theaters.
3445 & 3449 Richland combined. Fourteen of the Sixteen units have been renovated with upgraded interiors, offering strong rental appeal and reduced near-term capital needs. The property has received substantial plumbing improvements, including new sewer connections to the street, ensuring long-term infrastructure reliability. With consistently high occupancy, minimal vacancy, and a proven record of professional maintenance, this garden-style community represents a stable, well-performing asset with upside potential through continues modernization and rent growth.
Courtesy: Radius Group Commercial R.E.
805-965-5500
Neighboring Property Available - 333 E Carrillo! Exceptional opportunity to acquire a well-maintained 8-unit multifamily property located in the heart of Downtown Santa Barbara. The property features an attractive unit mix of (8) 1 BD/1BA units, several of which have been recently updated to enhance livability and appeal. One unit will be delivered vacant at COE. Upstairs units feature vaulted ceilings that create a bright, spacious atmosphere, contributing to the property's overall charm and character. Tenants benefit from off-street parking—a rare convenience in this central location—along with close proximity to Santa Barbara's vibrant State Street corridor, parks, beaches, and major employers. New Roof (2023) ∙ Updated Plumbing ∙ All Windows Replaced ∙ On-site L
Courtesy: Radius Group Commercial R.E.
805-965-5500
Neighboring Property Available - 1011 Laguna! 10-unit multifamily asset ideally situated in the heart of Downtown Santa Barbara, offering an exceptional blend of location, condition, and upside potential. The property features a desirable unit mix of (8) one-bedroom/one-bath and (2) two-bedroom/one-bath apartments. The build-ing has been well-maintained property with beautifully landscaped grounds, and 8 uncovered parking spaces, a valuable amenity in this prime urban location. Several units have been recently refreshed, providing an immediate sense of pride of ownership while still leaving room for further modernization and rent growth.Ideally positioned within walking distance to Downtown Santa Barbara's shops, restaurants, and entertainment. New Roof ∙ All Windows Replaced
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
Prime opportunity for the savvy developer/investor to take advantage of the new flexible Adaptive Re-Use ordinance and favorable R-M zoning, to re-purpose inside the walls of a classic historic building into apartments or condominiums. As one of Santa Barbara's most treasured and unique properties, in an A++ location where downtown transitions to the Upper East and directly across from Alick Keck Park gardens, ''The McCormick House'' has been used commercially since the late 1960's as an art education center. The approx. 12,500+/-SF structure (incl. full ceiling height lower level) had a major systems renovation in the 1990's. Mills Act potential property tax reduction may add to the investment benefits. Contact agents for details and examples. Floorplans and ARU code under Documents.
Courtesy: Hayes Commercial Group
805-563-2111
Nestled at the base of Santa Barbara's famed Lower Riviera lies this exceptional investment opportunity consisting of 3 freestanding homes located just minutes to Downtown Santa Barbara, The County Bowl, the Funk Zone, a wide arrange of shopping, & Santa Barbara's white sand beaches. Front house was built in the 20's and other two were '99. Each home is a 3BD/2BA with an attached 2-car garage ranging in size from 1,300 to 1,600 SF. Each home features its own laundry room, an exclusive outdoor living space, & is separately metered for all utilities. Adjacent & similar property is for sale as well at 1107 E Cota St. which is listed for the same price. Sale of 1111 E Cota St is subject to the simultaneous sale of the adjacent property located at 1107 E Cota St.
Courtesy: Hayes Commercial Group
805-563-2111
Nestled at the base of Santa Barbara's famed Lower Riviera lies this exceptional investment opportunity consisting of three freestanding homes located just minutes to Downtown Santa Barbara, Santa Barbara's County Bowl, the Funk Zone, a wide arrange of shopping, and Santa Barbara's white sand beaches. Constructed in 1999, each home is a 3BD/2BA with an attached two-car garage ranging in size from 1,300 to 1,600 SF. Each home features its own laundry room, an exclusive outdoor living space, and is separately metered for all utilities. Adjacent and similar property is for sale as well at 1111 E Cota Street which is listed for the same price. Sale of 1107 E Cota Street is subject to the simultaneous sale of the adjacent property located at 1111 E Cota Street. Originally designed and built to be condominiums, this offering represents a truly unique opportunity for a wide array of buyers, including owner-occupants, apartment investors, 1031 exchange buyers, employee housing buyers, and/or value-add buyers interested in adding one accessory dwelling unit or converting the homes into individual condos. CLA for details.
Perched along Santa Barbara’s coveted Lower Riviera, 1750 Prospect Avenue delivers two spacious units, sweeping city-to-sea vistas, unbeatable proximity to downtown amenities and a total of nine bedrooms and four bathrooms in just under 3,500 square feet. The lower level (Unit A) consists of approximately 1,738 square feet of living space offering a large living room setup, spacious kitchen, a recently updated bathroom, four large bedrooms with closets and a large view deck in the font. The upper unit consists of approximately 1,746 square feet with elevated views of the City and Pacific Ocean, a large living room, a recently updated bathroom, five bedrooms with closets and a rear deck. Both units enjoy their own laundry areas, shared use of the tiered backyard and a two car garage. This is a great dual family opportunity or live in one, lease the other, or hold as a high-demand, view-centric duplex in a blue-chip location.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-687-2666
Prime Santa Barbara 4-Unit Multifamily Investment Opportunity This well-maintained 4-unit multifamily property is ideally located just off Turnpike Road, offering quick access to the US 101 Freeway and only minutes from downtown Santa Barbara. Its central location places residents near retail shopping, restaurants, parks, and just a short walk from San Marcos High School — ensuring a strong and stable tenant base. Not subject to City Rental Rules Situated on an approximately 8,776 SF lot, the property features a 3,560 SF building with a highly desirable unit mix: (1) 1BD/1BA, (2) 2BD/1BA, and (1) 3BD/2BA. Each unit includes one dedicated covered parking space, adding to tenant appeal and convenience. With significant upside potential through rent growth or light improvements.
Courtesy: Sotheby's International Realty
805-969-9993
Situated down a long driveway lies this well maintained and updated 8 unit investment opportunity in the heart of Santa Barbara. 7 one bedroom apartments, and 1 two bedroom with private balconies and large outdoor patios. On site laundry and 16 parking spaces. Close to everything Santa Barbara has to offer.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
Recognized as one of Santa Barbara's most iconic and cherished apartment properties, La Casa Rosalia is for sale for the 1st time in nearly 40 years. In a premium West Beach location 1.5 blocks to the waterfront and 1 block to State Street, the property is a crowning example of local Spanish Colonial architecture at its peak era, designed in 1930 by E. Keith Lockard. Today the 17 total units in 3 buildings are ready for the generational investor to claim a trophy property with an unmatched long-term upside potential, plus possible Mills Act tax benefits and R-4/Coastal zoning. The 11,675+/-SF measured gross living area = ~$900/SF, perhaps half of the market value for the area of a future renovated complex. Unbranded OM available in Documents. Don't miss a true one-of-a-kind opportunity!
Santa Barbara is located in California. 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.
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.
