Wonderful opportunity to own 3 units in downtown Santa Barbara. Spectacular craftsman style 3 bed 2 bath single level main home (current rent $5,050) that could be the ideal owner's unit. Additionally, the property includes a two-bedroom 1 bath upstairs unit (current rent $3,300) and a very private single level studio (current rent $2,100) all on a 6,900 sq ft lot with 3 one car garages. All three units have been nicely upgraded and include working fireplaces, hardwood floors, coved ceilings and in unit laundry. Main home enjoys 9-foot ceilings, formal dining area with coffered ceilings and built-in cabinets, wood floors throughout, sunroom, recessed lighting, a huge attic space and so much more. Live here and rent the two back units!
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!
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.
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.
This rare multi-unit property offers more than an average duplex—it's two independent and charming Craftsman homes on a spacious .28-acre lot. Each has its own address, driveway, and garage, plus two extra structures. This is a unique opportunity to own an admired Santa Barbara asset with two separate vacant homes, perfect for investment, a family compound, or an owner-occupant seeking rental income. Located near The Mission, Cottage Hospital, and the vibrant De La Vina corridor. The main 3bd/3ba home features period details and a lush backyard. The second 2bd/1ba home is updated with a private yard and hot tub. Owned by the same family for over 50 years, this property reflects pride of ownership and is truly a one-of-a-kind opportunity to own a piece of Santa Barbara's charm and history.
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!
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.
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.
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
Discover the charm of Santa Barbara living in this stunning ocean view Spanish-style duplex on the coveted lower Riviera. Nestled on one of the most picturesque streets in Santa Barbara, this property offers an exquisite blend of classic architecture and modern amenities. With tasteful finishes throughout and serene outdoor spaces this duplex property is perfect for a homeowner or investor looking for versatility. Keep as a duplex or combine to a single family.
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.
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.
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
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.
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.
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.