FRESH NEW LOOK & INCREDIBLE NEW PRICE! This Samarkand dream property seamlessly blends vintage charm with modern amenities. Built in 1930 as a Pacific Ready-Cut Home Kit, it boasts two homes on one lot. Set behind boxwood hedges and blooming camellias, the main 1,080 Sq.Ft. residence features 2 bedrooms and 1 bathroom, a sun-soaked living room and formal dining room with numerous French doors and windows, a newly remodeled kitchen, original hardwood floors, and authentic period details throughout. Tucked behind the primary residence above a spacious 3-car garage is a separate 891 Sq.Ft. residence offering 2 bedrooms and 1 bathroom, mountain views, and its own private yard. Exemplifying its street name, this residence is nestled within a serene, quiet neighborhood with sidewalks and underground utility lines. It is conveniently located near local favorites, including shops, restaurants, and parks. A lifestyle filled with ease and serenity awaits you at 2827-2829 Serena.
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.
3432 Richland Drive is a rare opportunity to purchase an attractive mid-size multi-family building in the center of Santa Barbara's Upper State corridor - a hub of restaurants, retail and financial services. The location is also within a mile of Cottage Hospital (Santa Barbara's largest private employer), and near the Muni Golf Course, MacKenzie Park and La Cumbre Shopping Center. There are 8 units total in a single building, the unit mix is 1 x 2-BR/1-BA, 5 x 1-BR/1-BA and 2 studios. The property has good curb appeal with manicured landscaping, and is set privately in a corner location. Consider as a secure ongoing investment (4.73% cap on next AB 1482), or leverage the desirable central location for value-add upside (5.35% projected). See Offering Memorandum in Documents for details.
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 $4,975 per month The back building consists of a beautiful 2 bed 1 bath unit (current rent $3,300) and a large studio (current rent $2,205) This property has three one car garages. Front Unit (1917 Bath Street ) 3 Bed 2 bath craftsman style home $ 4,975 per Month Back unit (1917 1/2 Bath Street ) Studio $2,205 per Month Upstairs Unit ( 1911 Bath Street ) 2 bedrooms and One Bath $3,300 per Month
Unlock the potential of Santa Barbara with this prime opportunity to develop a 5-unit investment property. Building entitlement was recently approved by the Santa Barbara Architectural Board of Review (ABR), for this sophisticated five-unit structure. Each unit boasts 2 bedrooms, 2.5 baths, a bonus room, balconies, private laundry, garage, and entry. Crafted by the renowned local architect Kevin Moore Architects (KMA), the design exudes the timeless charm of traditional Santa Barbara architecture. Perfect for investors and developers alike, this property spans 5,343 gross square feet and is located in a neighborhood that is accessible for walking and biking. With its central location, residents will enjoy easy access to an array of shops and restaurants. Across the street is the breathtaking Historic Landmark, Santa Barbara Junior High and neighborhood park, enhancing the allure of this exceptional development opportunity.
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.
Samarkand duplex comprised of two 845 square foot 2BD/2BA units with a shared 427 SF two-car garage. The property was extensively remodeled in 2012 with new plumbing, electrical, on-demand water heaters, flooring throughout, new kitchens, new bathrooms, new windows, new doors, new appliances, W&D hookups and HVAC. Each side of the duplex has a fully fenced outdoor patio and enjoys mature landscaping and multiple fruit trees.
Rare Mixed Use property - 100% leased at 4.52 cap rate. The upstairs residential is a 930 SF, 1 bdrm, 1 bath unit on a month to month lease & is in excellent condition w/ incredible Riviera & mountain views! The downstairs retail space is occupied by a lifestyle clothing boutique from the Lake Tahoe area & is in beautifully remodeled condition with skylight and exposed brick walls. Well located in Santa Barbara's downtown core close to many popular amenities, w/ an abundance of hotels in the ½ mile radius, including the new 46 room Drift Hotel & updated 75 room Santa Barbara Hotel both 1 block away. Other highlights include close proximity to the Gateway of the City's new $11M underpass project integrating beach/Stearns Wharf & Funk Zone to the downtown core
Excellent triplex opportunity! Strong rental history with an opportunity for owner occupancy in the coveted Peabody school district. The property consists of beautiful Craftsman architecture with two 3-bdrm units and one 2-bdrm unit, each with its own private yard plus 5-off street parking spaces and a detached garage that has potential for an ADU conversion. Property consists of 225 and 227 W Mission St, and 1932 Sheridan Ave. Walking distance to many of Santa Barbara's amenities. Please do not go onto the property without an appointment.
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.
A darling bungalow where past and future joyfully collide. This early 1920s-era property conversion to duplex features 2, 2-bedroom, 1-bathroom units and is conveniently located in the historic downtown corridor, in the highly coveted Peabody School District & zoned R-4-MH allowing the potential for short term rental use. Much of the traditional structure and elegant bones of the property has been preserved. An updated kitchen, in-unit laundry and picket-fenced front yard round out the main level, while a sense of whimsy continues into the second unit to maximize space and opportunity. It's historic sentiment resonates with many, capturing top market rents for both units. 1 unit is vacant, and the other terminates 7/31/24. Move-in or rent-ready, this property hits the mark!
Great Walking Score, close to downtown. Built in 1923, Three units with 6 + parking spaces including carport. Unit A has a tenant. Unit B and C are vacant. both with upgraded newer floors and window. Property had been approved in the past to accommodate a new 2 car garage with an additional unit above it. Seller has plans. Wonderful development opportunity. Also Ideal for owner user . Laundry room on premises.
Fabulous Thunderbird! The original owners have beautifully maintained this spacious 3 bed, 2 bath 1,500 [/] home with a (permitted) 1 bed, 1 bath 525 [/] ADU above the garage. Upgraded kitchen with Oak cabinets & tile countertops, dual pane windows throughout, room for RV parking beside the garage. Conveniently located between Santa Barbara & Goleta, easy commute to work, schools & shopping! Fantastic location in a Pride-of-Ownership neighborhood. Large perimeter corner lot features a family orchard in the backyard, Nectarine, Tangerine, Plum & Lemon trees. Located across from Lassen Open Space / Maria Ygnacia Creek / Bike path to Goleta Beach & UCSB!
This updated 3bed/2bath townhome (end unit) is located downtown, only 4 blocks to State Street, and within the Peabody School District. The versatile floor plan offers 1 bedroom and bathroom on the main level, and 2 bedrooms and 1 bathroom upstairs. There is laundry in the unit and 2 assigned parking spots (one shared garage and one uncovered). Recent upgrades include kitchen appliances, paint throughout, luxury laminate flooring, water heater, and furnace/ducting replaced. This low maintenance property is centrally located to restaurants, shopping, museums, theaters, and beaches with a walk score of 89 and bike score of 98. Currently leased for $5075/Mo. Great investment opportunity!
This duplex at 508 Orena Street in the highly desirable Upper East neighborhood is a great opportunity to own this very nice property in the Lower Riviera. The three bedroom two and a half bath front unit was remolded and updated in 2014 with air conditioning, wood and tile flooring, a tastefully remodeled kitchen and updates and improvements in the bathrooms. The front unit will be vacated in June allowing for it to be rented at the current market amount. This property is just a short distance from the Mission, Rose Garden & Roosevelt school. The two bedroom, two bathroom back unit is a two story with a long term tenant. There are three one car garages and parking for three cars on the driveway.
Welcome to 640 & 644 W Ortega, Santa Barbara, CA! This fantastic property has been owned by the same family for over 45 years. This property offers two duplex buildings, providing a total of four units. Each unit features a comfortable layout with two bedrooms and one bathroom, making them ideal for both residents and potential tenants. Situated on a generous 1.55-acre lot, this property offers ample space and a serene environment with breathtaking mountain views. The expansive land provides opportunities for various uses and potentially expanding the existing building or potentially adding an ADU. The duplex buildings are well-maintained and offer a great investment opportunity. Whether you're looking to generate rental income or occupy one of the units while renting out the others, this property provides versatility and potential for a favorable return on investment. Located in Santa Barbara, CA, this property benefits from its prime location. Santa Barbara is known for its beautiful beaches, picturesque landscapes, and vibrant community. Residents and tenants will have convenient access to nearby amenities, schools, shopping centers, restaurants, and entertainment options. Don't miss the chance to own this income-producing property in Santa Barbara. Schedule a showing today and explore the potential of this duplex property on 1.55 acres of land! (Unit D is available to show and currently updating floors, please do NOT disturb tenants. This is a buildable lot, buyer to verify potential building opportunity with the city)
Nestled in the Brinkerhoff Avenue Landmark District, this multi use parcel offers charm, history and potential, all just three clocks from State Street. Commercial & residential usage comprises a Victorian house (509 Brinkerhoff) with 3 offices, a reception area, conference room and 1.5 BA, + (511 Brinkerhoff) A free standing Craftsman style 1 BR/ 1 BA two-story dwelling, + (512 De La Vina) A commercial structure featuring a commercial studio / ½ BA + residential studio/ 1 BA with large storage area. Lot extends from Brinkerhoff to De La Vina. A historic opportunity with plenty of potential as all dwellings can be used as residences or Commercial General.
Charming multi-use, multi-family Brinkerhoff Avenue Landmark District property featuring (507 Brinkerhoff) a Craftsman 2 BR/ 1 BA home with garage, + (508 & 510 De La Vina) A duplex currently used as 2 BR/ 1BA residential, & 3 office/ ½ BA commercial space. All just three blocks from State Street. Lot extends from Brinkerhoff to De La Vina. A historic opportunity with plenty of potential as all dwellings can be used as residences or Commercial General.
Excellent location for this well maintained 5-unit investment property near Santa Barbara City College and the Beach!
Conveniently located near world-class beaches, resorts, fine dining and shopping in Montecito's coveted Upper & Lower Villages, this ultra-charming single-story 1938 Spanish-style Hedgerow home, with a 3 bed/3 bath main residence and a detached 1 bed/1 bath guest house, offers a wonderful layout for indoor/outdoor living. Located within the Coastal Zone. The living room, adorned with a charming fireplace and dual French doors leading to both the front patio and dining area, provides a haven of comfort and refinement. The dining room, illuminated by natural light through oversized windows, offers a welcoming atmosphere for memorable meals while overlooking the meticulously manicured gardens....... ....... The kitchen, featuring an envious 60" Wolf range, and a farmhouse sink, seamlessly combines elegance with functionality. The primary suite serves as a spacious retreat, complete with an ensuite bath featuring dual vanities, a tranquil sitting room, and French doors leading to the hot tub for a soothing end to the day. Lush landscaping, citrus trees, majestic oaks and meandering pathways create a tranquil outdoor sanctuary, with stone patios offering stylish venues for gatherings. The iron greenhouse, nestled within the gardens, provides a captivating setting for al-fresco dining, adding a touch of enchantment to the already picturesque surroundings. Montecito Union School District.
Turner Foundation (Non-Profit) owned property, currently providing 45 units of housing and 54 parking spaces with Community Learning Center, Programs and Services on site. Gross income $1.1m per year and current rent is 35% below market rate. Past Year NOI $802K with Non-Profit property tax exemption status equating to a 4.9% cap rate. New buyer may potentially retain Turner Foundation Non-Profit property tax exemption status if Turner Foundation remains as an Operating Partner. Buyer to verify all 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 1/2 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
DOWNTOWN SB MULTI-UNIT INVESTMENT OPPORTUNITY (#2). 1930's Craftsman triplex situated on approximately .17 acre in a prime downtown Santa Barbara location. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, hotel/bed & breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (1)1BD/1BA, (1)2BD/1BA & (1) Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown/State Street, The Public Market & SB Theatre District. Offered individually or together with adjacent property (1225/1227 Bath Street). Do not go onto property without an appointment.
INCREDIBLE DOWNTOWN SB MULTI-UNIT INVESTMENT OPPORTUNITY. Early 1900's Craftsman 6-unit apartment house situated on approximately .25 acre in a prime downtown Santa Barbara location. Versatile R-MH zoning offers potential for multi-unit apartments/condominiums, hotel/bed & breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (2)1BD/1BA, (1)2BD/1BA, (3)Studio. Walking distance to Downtown/State Street, The Public Market & SB Theatre District. Offered individually or together with adjacent property (1229 Bath Street). Do not go on property without an appointment.
EXCEPTIONAL DOWNTOWN SANTA BARBARA PORTFOLIO ASSET! 6-unit plus 3-unit property (9-units total) on separate/adjacent parcels. Early 1900's Craftsman multi-unit apartment house situated on approx. .25 acre + Craftsman tri-plex situated on approx. .17 acre (.42 flat acre combined) in a prime downtown Santa Barbara location. Parking accommodates approx. 10 vehicles. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, Inn/Hotel/Bed & Breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (4)1BD/1BA, (2)2BD/1BA, (3)Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown, The Public Market & SB Theatre District. >1225/1227 & 1229 Bath Street LP: $4,500,000
Santa Barbara is located in California. Santa Barbara, California has a population of 91,443. Santa Barbara is less family-centric than the surrounding county with 29.76% of the households containing married families with children. The county average for households married with children is 34.88%.
The median household income in Santa Barbara, California is $71,160. The median household income for the surrounding county is $68,023 compared to the national median of $57,652. The median age of people living in Santa Barbara is 37.9 years.
The average high temperature in July is 74.1 degrees, with an average low temperature in January of 44.1 degrees. The average rainfall is approximately 20.7 inches per year, with 0 inches of snow per year.