Courtesy: Berkshire Hathaway HomeServices California Properties
805-319-7070
This is a wonderful opportunity to own a Santa Barbara investment property. This great duplex on the East Side of Santa Barbara. The property has a 3 bed 1 bath unit in the front that lives live a single family home. With a little TLC it will make a great rental or home. The back unit was built in 2000 and features a downstairs kitchen with a half bath and 1 bedroom 1 bath upstairs. The upstairs unit has really great mountain views. There is a 2 car garage on the back unit that could possibly be reimagined to capture more living space. This is a very convenient location; a short walking distance to Franklin Elementary, Trader Joes, and restaurants.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-319-7070
Rare opportunity to own two properties with incredible potential. These two properties back up directly to each other and are being packaged together. 410 W Cota is a legal triplex, and 411 Dibblee is a legal duplex. You have several options to reimagine these properties: combine them into one parcel and build an apartment building, restore both properties and keep them as a duplex/triplex, live in and rent the rest, etc. The location is very convenient, with easy commutes to downtown, the beach, funk zone, city college, etc. These opportunities for Santa Barbara duplexes/triplexes don't come up often, especially two that back up each other with the options these properties offer. BOTH PROPERTIES ARE VACANT.
Located in the heart of downtown Santa Barbara, this multifamily investment property presents a rare opportunity, featuring a mix of newly constructed and renovated buildings. Three of the six units were built from the ground up between 2023 and 2024, while the remaining three have been extensively improved, all with market rents in place. Offered at a current 5.47% cap rate and a GRM of 12.71, the property is ideal for investors seeking a more passive investment. Tenants enjoy exceptional walkability, with a Walk Score of 94 and a Bike Score of 99, providing easy access to Santa Barbara's most exciting destinations including Arnoldi's, Santa Barbara's iconic Italian restaurant and the emerging Haley corridor. Total current monthly income is $25,650.
HUGE PRICE REDUCTION ...OVER $300K ON THIS GEM! Offering VIEWS, all open floor plans & one story structures with an extra large covered and open parking area.This incredible residential income property is an extraordinary rarity! Welcome to this charming, one of a kind great investment property. The Main house is approximately880 sq. ft. Starring 3 bedrooms, 1 bathroom and private patio areas with a deck off the back to enjoy monumental views, entertaining, gardening and peaceful zen moments. The kitchen is open to the living room and dining room area making it a desirable home to have family and friends gather around to enjoy good times and make memories that will last a lifetime. The duplex units are behind the main house. As you enter Unit B it feels like home immediately. Boasting wide open spaces, it is approximately 1,204 sq. ft., 3 bedrooms, 1 & 3/4 bathrooms, living room with cozy brick fireplace, dining room and large kitchen that all open to the private entertaining patio area. Unit C is also a winner! With approximately 1,026 sq. ft., 2 bedroom, 1 bathroom, living room with inviting fireplace, large kitchen & 2 private side and back patio areas making it a wonderful place to entertain, enjoy the good times and lovely Santa Barbara living style at its best. This property is in the heart of Santa Barbara & so close to State Street, Dining & Shopping areas, Santa Barbara Bowl, Santa Barbara Harbor, East Beach, Old Mission Santa Barbara, Mission Historical Park & Mission Rose Garden, Santa Barbara Museum of Natural History, Alameda Park, 4 plus acres dog friendly Orpet Park, Schools, Hospital & more!
Courtesy: Sotheby's International Realty
805-969-4755
Impressive Investment opportunities on 3.3 Acres w/270° Panoramic Views in Montecito. Main House, plus permitted Guest Apt w/Kitch, LR, BDR. Add'l large Finished Space w/bath, sep entry, appealing for 3rd Unit, ADU/JrADU, in High Rent area. Also, Explore SB9 lot split w/acreage. Single Level entry to Living Areas, Office & Most Bdrs, also ideal for multi-generational. Newly Renovated, Hi ceilings & huge windows capture the essence of nature, while you enjoy 7450 ± SF of flexible living space. Upside potential while living with an extraordinary blend of comfort & breathtaking Views provides fantastic value w/Luxury in a prestigious location. Spa, Firepit, Outdoor Kitch, Tranquil & no neighbors in sight, yet minutes to town. Cherished quiet lane has sales $10M-$20M. Room for Animals & Pool.
Courtesy: Village Properties
805-969-8900
Wonderful opportunity to own 3 units in downtown Santa Barbara. Spectacular craftsman style 3 bed 2 bath single level main home (current rent $4,975) 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 $2,205) 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! The rear building is a beautiful 2 bed one bath upstairs unit with coved ceilings, wood floors, outdoor balcony with Mountain views, a big kitchen with separate eating area, fireplace and in unit laundry. Below is a separate studio apartment with small office, murphy bed, hardwood floors, coved ceilings, fireplace, and in unit laundry. Three charming homes in a very convenient downtown location.
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.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
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 potential property uses, floorplans and nearby amenities; a private version of the Offering Memorandum with property financials and pro-forma scenarios is available upon request. Don't miss this rare generational investment opportunity!
Courtesy: Hayes Commercial Group
805-563-2111
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.
Courtesy: Hayes Commercial Group
805-563-2111
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, see ''more'' new bathrooms, new appliances, new fixtures, new lighting, 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
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
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.
Courtesy: Hayes Commercial Group
805-563-2111
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.
Courtesy: eXp Realty of California, Inc.
805-364-9009
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
Courtesy: Hayes Commercial Group
805-563-2111
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.
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.
