Courtesy: Village Properties - 1
805-681-8800
With nearly 3,400 square feet of thoughtfully designed living space, this beautifully updated home offers an exceptional blend of style, flexibility, and indoor-outdoor living in the desirable Peabody School District Attendance Area. The versatile floor plan includes four bedrooms, four bathrooms, and a permitted Junior ADU--ideal for multi-generational living, a 1031 exchange, supplemental income, or simply additional space. Natural light fills the interiors, creating an effortless connection between the kitchen, living spaces, and outdoors. The renovated kitchen features designer cabinetry, quartz countertops, and stainless-steel appliances, while the expansive downstairs flex space offers endless possibilities as a media room, gym, office, playroom, or future ADU. Thoughtful upgrades include dual-pane windows and sliders, solid-core interior doors, an upgraded electrical panel, tankless water heater, and central A/C. Outside, enjoy ocean and island views from the inviting deck, a private fenced yard with drought-tolerant landscaping, paver driveway, two-car garage, and ample parking. Meticulously maintained, this rare property combines generous living space, built-in income potential, and exceptional flexibility--all under one roof.
Courtesy: Goodwin & Thyne Properties
805-899-1100
Welcome to 801 W. Sola Street, a versatile Westside property featuring two separate residences and exceptional flexibility. The updated 2-bedroom, 1-bath main home offers an open floor plan, remodeled kitchen and laundry, updated bath, newer flooring, windows, roof, foundation, electrical, plumbing, heating and more. A spacious 2-bedroom, 1.5-bath ADU provides private living quarters with its own kitchen, living/dining area, utilities, tankless water heater and separate electrical panel. Gated access, a custom wrought-iron fence, carport, paver-lined front garden and exterior improvements complete the property. Conveniently located near downtown, beaches, parks, schools and dining, this is an ideal opportunity for multigenerational living, rental income or a flexible live-and-invest setup.
Courtesy: Village Properties
805-969-8900
Two freestanding buildings located in the De La Vina corridor with easy access to restaurants, theaters and the MTD bus line. A freestanding office has been reimagined into a stylish one bedroom loft style residence. In back is a charming cottage. Each have their own small yards separated by a privacy hedge. The property works well for dual living or a small office with employee housing behind the building. Four covered parking spaces are provided in a tandem arrangement under a carport roof.
Courtesy: Sun Coast Real Estate
805-682-4304
Duplex Opportunity in Santa Barbara! Ideally located in Santa Barbara, this well-positioned duplex offers an excellent opportunity for an owner-user, investor, or multi-generational living arrangement. The property features two separate 2-bedroom units, each with its own interior access and private washer and dryer hookups, with utilities separately metered for added convenience. The larger 2-bedroom, 2-bathroom unit offers a spacious living area with vaulted ceilings, creating an open and inviting feel, along with an attached two-car garage. The second 2-bedroom, 1-bathroom unit provides comfortable living space and includes its own one-car garage. Both units offer practical layouts, private garage parking, and the convenience of in-unit laundry hookups. Located in a convenient Santa Barbara neighborhood, the property is just minutes from downtown, local beaches, Santa Barbara City College, restaurants, grocery stores, and major freeway access. With its desirable location, flexible living options, separate metering, and ample garage parking, this duplex presents a unique opportunity in the Santa Barbara market.
Courtesy: Madrigal Real Estate
805-729-0653
Unique 2 houses on a scarcely available R-4 multi family property near downtown SB. Queen Anne historical 2bd, 2ba unit in front with high ceilings, formal dining room, laundry room and office. Remodeled kitchen and baths. Unit in back is a 3bd, 1ba home with attached utility and laundry rooms. New roofs and electrical panels on both homes. Potential to add two units to back house on this property. Investment income opportunity. Move in ready.
Courtesy: Village Properties
805-969-8900
Ideally positioned between the Upper East and Lower Riviera, this beautifully reimagined duplex offers a rare opportunity to own a turnkey property in one of Santa Barbara's most sought-after neighborhoods. Thoughtfully updated with contemporary finishes and a fresh, cohesive design aesthetic, the property blends modern comfort with timeless appeal, all just moments from the Mission, downtown, and the city's renowned restaurants, shops, and cultural attractions. Spacious private outdoor areas, attached two-car garages, and an all-electric infrastructure enhance everyday living, while the flexible two-unit configuration presents an exceptional opportunity for an owner-occupant, multigenerational living, or long-term investment.
Courtesy: Keller Williams Realty Santa Barbara
805-456-3600
Located in the heart of downtown Santa Barbara, this well-maintained R-4 zoned duplex is an excellent opportunity for investors or future owner-users. Each spacious 1-bedroom, 1-bath unit offers over 700 square feet, private laundry, dedicated carport parking, and additional storage. The downstairs unit features higher-end finishes and a private patio, while the upstairs unit offers an updated kitchen and large deck with mountain views. Both units are tenant occupied with leases through year-end, providing immediate rental income and future flexibility. Ideally located near State Street, shopping, dining, parks, and downtown amenities.
1825 Chapala Street is a 40-unit multifamily property located in the heart of Santa Barbara's highly desirable Oak Park neighborhood. Perfectly situated just blocks from Cottage Hospital, downtown State Street, and a wide array of shopping, dining, and entertainment, the property offers residents unmatched convenience while maintaining a peaceful residential atmosphere. Its central location ensures consistent tenant demand, drawing from major employers, public transit, and the vibrant downtown core. The property is comprised of three well-maintained buildings, each containing junior one-bedroom, one-bath units ranging from approximately 300 to 330 square feet. These efficient layouts feature open bedroom areas without doors, full kitchens, and private bathrooms, with several units offering private patios or fenced yards. Many interiors have been upgraded to modern standards with quartz countertops, new cabinetry, luxury vinyl plank flooring, and newer windows that enhance both comfort and appeal.Significant capital improvements have been completed, including the full replacement of all roofs in 2023 and the complete resurfacing and re-striping of the parking lot in 2025. Residents enjoy ample on-site parking with 35 standard spaces plus one designated handicap space, as well as a central courtyard with a stone table and barbecue, a large laundry facility, and a secure storage room.With strong in-place income and considerable room for rental growth, 1825 Chapala Street presents an exceptional value-add opportunity in one of California's most supply-constrained and consistently high-demand rental markets. The combination of its prime location, desirable unit mix, modern upgrades, and recent major building improvements positions this property for long-term stability and sustained income growth.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
Accessible price point for A+ location apartments by Santa Barbara's waterfront and East Beach, openly for sale for the 1st time since built in 1958. Featuring 8 generous-sized units - 6 x 1-BR over 600 gross SF (meas.), plus 2 x 2-BR over 900 gross SF (meas.) - price is $562K/unit or $825/SF, well below market for the very limited multi-family inventory near the beach of one of world's most renowned coastal communities. Highlights include attractive landscaping around a central green courtyard, high vaulted wood beam ceilings in the 4 upstairs units, moderately updated interiors, and a long pride-of-ownership history. Opportunity for the patient investor to realize long-term cap rates far above historic cap rates for Santa Barbara's beach areas; see pro-forma in unbranded OM in Documents
Courtesy: Berkshire Hathaway HomeServices California Properties
805-687-2666
Rare opportunity to acquire an 11-unit apartment building in one of Santa Barbara's most desirable rental locations. Ideally situated approximately .7 miles from Cottage Hospital and approximately .4 miles from Trader Joe's, this centrally located property offers convenient access to the De La Vina Corridor, downtown Santa Barara, waterfront beaches, shopping and major freeways. Your tenants can enjoy the benefits of living in a vibrant Santa Barbara neighborhood with convenient access to dining, coffee shops, outdoor recreation, parks, scenic beaches and a desirable coastal climate. Consisting of 11 units, 3 x 2 bedroom/ 1 bath units, 4 x 1 bedroom/1 bath units and 4 studios (one without kitchen).
Courtesy: Paloma Realty Partners Inc.
805-259-9638
Rare turnkey four-unit investment opportunity featuring two newly constructed residences that have never been occupied and two extensively renovated one-bedroom units. Three of the four units will be delivered vacant, allowing immediate lease-up at market rents or the flexibility for an owner-user to occupy one unit while generating income from the others. Located just minutes from East Beach, the Funk Zone, Downtown Santa Barbara, and Montecito, this property offers a highly desirable unit mix, minimal deferred maintenance, and a unique opportunity to establish new tenancy from day one in one of California's strongest rental markets.
Courtesy: Savant Estates
805-895-7895
Rare West Beach investment opportunity just blocks from the ocean! Nestled in one of Santa Barbara's most coveted locations, this premier four-unit property places residents steps from the shoreline, Stearns Wharf, the Funk Zone, and the vibrant energy of lower State Street--the absolute heart of Santa Barbara coastal living. Featuring four charming units, the property enjoys enduring rental demand. 233 West Yanonali represents a compelling coastal asset with limitless upside. Whether you are a seasoned investor, seeking a live-in opportunity, or looking for a short term rental option, this rare West Beach fourplex has endless options. Opportunities like this don't come twice!
Courtesy: Keller Williams Realty Santa Barbara
805-456-3600
Behind the timeless façade of a beautifully restored 1920s Craftsman lies one of Santa Barbara's most unique and compelling residential offerings. Rich in architectural character and thoughtfully enhanced for modern living, this exceptional luxury compound seamlessly blends the romance of a bygone era with the sophistication, flexibility, and income potential rarely found. Situated on one of downtown's desirable tree-lined streets, the property enjoys an enviable location just moments from Alameda Park, Alice Keck Park Memorial Gardens, Kids World, the Santa Barbara Courthouse, State Street, theaters, restaurants, cafés, boutique shopping, and countless cultural attractions. Few locations offer such effortless access to the very best of Santa Barbara while still maintaining the charm and tranquility of a classic residential neighborhood. Leave the car behind and enjoy the convenience of one of the city's most walkable and beloved locations. At the heart of the property is a meticulously restored 1920s Craftsman residence that embodies the warmth, craftsmanship, and enduring appeal that have made these homes among Santa Barbara's most cherished architectural treasures. A welcoming front porch invites neighbors and guests alike, creating the perfect setting for morning coffee, afternoon conversations, and the simple enjoyment of life in one of Santa Barbara's most desirable neighborhoods. Period inspired architectural details, custom built-ins, rich wood accents, high ceilings, and beautifully preserved character elements evoke a time when homes were built with artistry, attention to detail, and a sense of permanence. Thoughtfully restored and extensively modernized, the residence successfully marries historic charm with contemporary convenience. Spacious living and dining areas flow effortlessly together, creating inviting spaces for everyday living and entertaining. The thoughtfully designed kitchen offers quality finishes and modern functionality while remaining true to the home's architectural heritage. Throughout the residence, careful restoration and meaningful upgrades have preserved the soul of the home while elevating it to today's standards of comfort and livability. Just beyond the main house and completed circa 2020, two luxury residences have transformed the property into a legacy compound. Each approximately 1,000 square feet and offering two bedrooms and two bathrooms, these beautifully designed homes feature contemporary architecture, open-concept living spaces, abundant natural light, and premium finishes throughout. What truly distinguishes these residences are their rooftop entertaining decks, thoughtfully designed to embrace the surrounding beauty. From these elevated vantage points, residents enjoy sweeping vistas of the Riviera that create an ever changing backdrop throughout the day. Whether enjoying a quiet morning sunrise, entertaining guests beneath colorful coastal sunsets, or relaxing under the stars, these rooftop retreats deliver a lifestyle experience seldom found in downtown Santa Barbara. With high annual gross rental income, the compound presents a remarkable opportunity for investors seeking strong cash flow in one of California's most desirable coastal communities. Equally compelling for owner-users, the property offers the ability to reside within a beautifully restored historic residence while benefiting from substantial supplemental income. The flexible configuration is ideally suited for multi-generational living, extended family use, guest accommodations, live/ work arrangements, or those seeking a rare combination of lifestyle and financial performance. Unlike traditional multifamily properties, this offering is defined not simply by income, but by its extraordinary blend of history, architecture, location, design, and versatility. Opportunities to acquire a fully restored historic Craftsman paired with two newer luxury residences are exceptionally rare. Even rarer are properties that successfully combine architectural significance, modern construction, rooftop view decks, meaningful income potential, walkability, and downtown convenience within one cohesive and turnkey ownership opportunity. The property's unique combination of a thoughtfully restored historic residence and two newer-built luxury homes, create a level of confidence rarely found in comparable offerings. Unlike much of Santa Barbara's older housing inventory, the compound benefits from modern construction, updated systems, and significantly reduced deferred maintenance concerns, allowing owners to enjoy the character and charm of a classic Craftsman while benefiting from the efficiencies and peace of mind typically associated with newer construction.
Courtesy: Sotheby's International Realty
805-969-4755
Villa Nopal. Mediterranean Style Duplex Designed for Multigenerational Indoor-Outdoor. Living A Unique Corner Lot Offering Private Entrances from Two Different Streets. Upper Residence Offers Elegant Living, Ample Wall Space for Art, Fireplace & Built in Bookcases. Spacious Kitchen Opens to a Wonderful Dining Area Surrounded by Well Placed Windows with Natural Light & Delightful Vistas. The Private Patio has Beautiful Riviera Views. There is also a Private Gated Sitting area in the Lower Garden. Wonderful Workshop Studio. Main Floor Vintage Spanish has a Spacious Inviting Floor Plan, Open Living Areas with Fireplace & Front Patio Garden Area for A Fresco Dining. This Special Property has Great Off-Street Parking & an Attached 2 Car Garage. Located Close to Downtown & the Vibrant Funk Zone
Courtesy: Village Properties - 1
805-681-8800
Some homes are renovated. This one was reborn. Over the course of 3 meticulous years, 2422 Fletcher Avenue was taken down to its bones and rebuilt with the kind of care and craftsmanship that simply isn't done anymore. The result is a classic Santa Barbara Craftsman that looks and lives like a brand-new home, without sacrificing an ounce of its old-world soul. The main residence offers single-level living at its finest across 3-bedrooms and 2-bathrooms: soaring ceilings, abundant natural light, and a chef's kitchen where every cabinet was custom-designed to evoke a sense of nostalgia, right down to the antique bronze grille mesh details. New windows frame the beautifully landscaped yard, where a thoughtfully designed hardscape sets the stage for effortless al fresco dining and entertaining Above the home, a fully independent 1-bedroom, 1-bathroom apartment with its own private entrance offers remarkable flexibility, whether for extended family, a creative studio, or rental income. Both units have been outfitted with separate meters, separate addresses (A & B), separate AC/heating systems, and in-unit laundry. The infrastructure is as thoughtful as the design. And the opportunity doesn't stop there. Approved plans and permits are already in place to add two Junior ADUs at the rear of the property, a rare head start for investors and owner-occupants alike. No detail was overlooked. No expense was spared. From the new roof to the new landscaping, every corner of this property tells the same story: done right, done once. This is not a flip. This is a legacy.
Courtesy: Beachside Partners
805-626-0112
1611 Castillo Street offers a rare opportunity to acquire a well-located Santa Barbara triplex on a 16,988 SF lot, fully entitled for an additional seven total units. The property provides strong in-place income with approved plans for a clear near-term path to added density and future upside. Existing improvements include three well-maintained units: a remodeled 2BD/1BA and 1BD/1BA renovated in 2018, plus a 1BD/1BA built in 2006 with central HVAC and a gas fireplace. Each unit includes a private garage and dedicated storage. Minutes from downtown, the beach, Cottage Hospital, State Street, Funk Zone, and transit, 1611 Castillo offers investors a compelling opportunity to grow income in a supply-constrained coastal market.
Courtesy: Compass
805-253-7700
Great opportunity to own a spacious charming vintage 3/2 home in a desirable location with wood floors, formal dining room, built in cabinetry. Complete with two additional detached units , one with two bedrooms! The other unit is a large studio...each offers charm & a fireplace in each unit and help offset the cost of homeownership. Each unit has a garage, providing convenience and value for tenants and owner.
Courtesy: JT Real Estate Group
805-724-0557
This 6 unit apartment complex is located directly across the street from Cottage Hospital in Santa Barbara. The current rents are approximately 59% of market rents. The 2-story building consists of all 1 bedroom 1 bath units.
Courtesy: Village Properties
805-969-8900
This well maintained Santa Barbara duplex at 124 Citrus Avenue is a rare opportunity on the lively Lower East Side. Tucked away at the end of a quiet street for maximum privacy, it's conveniently located less than five minutes to Trader Joe's, restaurants, freeway access, and the Municipal Tennis Courts. Each of the two separate units offers two bedrooms and one bathroom, along with in-unit washer and dryers, sizable deck and yard space, and plenty of secure parking. With updated finishes throughout and a generous lot, this R-2 zoned property delivers flexibility for multigenerational living, house hacking, or strong rental income.
Courtesy: Village Properties
805-969-8900
Tucked along a quiet street just moments from downtown Santa Barbara, this charming four-unit property blends classic character with strong income fundamentals. The approximately 2,012 SF building consists of four spacious one-bedroom, one-bath residences, each just over 500 SF. All units are currently leased offering immediate cash flow in a highly sought-after rental location. Recent upgrades enhance the property's appeal, including recently refreshed upper units and a previously refreshed lower unit, while the fourth unit provides an opportunity for future improvement and added value. Residents benefit from a welcoming communal pergola area, on-site laundry, outdoor storage lockers for each unit, basement storage for bikes and beach gear, and thoughtfully maintained landscaping. With its unbeatable location near Paso Nuevo, dining, shopping, and entertainment are moments away from your door. This property presents a compelling opportunity for investors seeking both stability and upside.
Courtesy: Radius Group Commercial R.E.
805-965-5500
208 S. Voluntario St. is a quintessential California cottage offering a prime investment opportunity on Santa Barbara's desirable Eastside, just moments from the beach, Downtown, and the vibrant Funk Zone. The property features three units with an ideal unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio, well suited for both investors and owner-users. Completely remodeled throughout, the units offer hardwood floors, custom built-ins, skylights, and all new appliances and fixtures. Each unit also includes its own private outdoor space. The exterior has been freshly repainted and enhanced with new landscaping, creating strong curb appeal and a turnkey presentation. *Current property zoning is for a single family residence. Seller is in the process of legally permitting all three uni For showing requests, please call/text Aneta Jensen.
Courtesy: Hayes Commercial Group
805-563-2111
An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value. The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests. Operations are seamlessly handled by ZenStay, a proven hospitality operator providing full-service management--from dynamic pricing and reservations to guest services, housekeeping, and maintenance. Their platform ensures institutional-quality oversight with transparent financial reporting, allowing for a truly passive ownership experience. Casa Jardin represents a rare blend of income, lifestyle, and future optionality in one of California's most supply constrained coastal markets.
Rare opportunity to acquire an established 15-bed RCFE, operating business, and two adjacent properties near downtown Santa Barbara. Operating for more than 36 years, the business benefits from historically strong occupancy, limited vacancy downtime, experienced staff, and established referral relationships. Current annualized revenue is approximately $1.78 million, with approximately $640,000 in seller-reported normalized NOI, representing an indicated in-place yield of approximately 6.5% before expansion. The offering includes 321 W Mission Street, the operating care facility, and 319 W Mission Street, an adjacent four-bedroom, two-bathroom residence on a 9,147-square-foot R-MH-zoned lot. The second property provides residential and care-related flexibility, potential additional licensed capacity, ADU or multi-unit opportunities, and meaningful long-term development upside. Offered together at $9,800,000, this is a compelling opportunity for an owner-operator or investor seeking immediate cash flow, valuable Santa Barbara real estate, and clear pathways for growth in a highly desirable coastal market with significant barriers to entry. Separate sale structures may also be considered. Financial documentation is available to qualified buyers following execution of a confidentiality agreement.
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.
