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.
Courtesy: LPT Realty, Inc.
877-366-2213
Exciting Mesa Investment Opportunity near the Beach and Douglas Preserve, one of Santa Barbara's most desirable rental areas. Gated Entry with Main house 4BR/4BA featuring two primary suites (one on entry level). Plus, private guest quarters w/3BR/1BA, kitchenette/wet bar. Rent entire property to one tenant, explore JADU potential, or consult planner about SB9 to create Duplex. Large 2-car garage for excellent ADU idea. Strong rental demand - ideal for a 1031 exchange, Or owner-user wanting income to cover your payments. Rare blend of indoor/outdoor living, character and coastal lifestyle. Flexible layout for home offices, media and exercise rooms. Full kitchen with island plus a second kitchenette, offering excellent long-term income potential. See Floor Plans. Plus, Spa, Gazebo & Solar. Updates: Recently updated with new flooring, paint, refreshed landscaping, lawn, and an impressive driveway approach. Move-in ready. Additional highlights: separate freestanding office, ample outdoor areas, flower garden with white roses, deck, gazebo, fenced yard, lots of off-street parking, and solar. Generous square footage with long-term upside - preserve its charm, add your vision, or pursue future ADUs/SB9 possibilities. Enjoy nearby beaches, Elings Park, Shoreline Park, and watch for dolphins and whales. A cherished home with a warm, Cape Cod feel, providing an exceptional Mesa experience. Ideal rental location: Great area for exercising, bicycling, and exploring. Pet Friendly property with fenced backyard for dogs. Close to the Restaurants, Schools, Shopping, Lazy Acres, Cottage Hospital, with quick access to the Santa Barbara Harbor, Downtown, the SB Airport, and the 101 Fwy.
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: Compass
805-253-7700
Lower Riviera duplex offering a versatile opportunity with two fully updated units and sweeping south-facing views of the ocean, islands, and city skyline from each unit. Located just minutes from downtown this property is ideal for an owner-user or investor with room to add an ADU and enhance long-term value. The lower unit enjoys access to a view deck perfect for relaxing or entertaining. Inside, you'll find wood floors throughout, dual-pane windows with window coverings, and updated kitchens and bathrooms. Additional highlights include newer exterior paint, a shared, coin operated laundry room, and ample parking: each unit has open spaces and one-car garage with generous additional storage. Whether you're looking for a smart investment or a multi-generational living opportunity, this property delivers comfort, convenience, and incredible Santa Barbara views!
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
Between the sea breeze of the Funk Zone and the timeless charm of the Montecito Post, The Sea Captain's House offers 5 bedrooms and 2.5 baths across two units and approximately 3,100 square feet. Average annual rental income ranges from $100,000 to $150,000 after expenses. Restored with care in 2019, the 1911 home balances original craftsmanship with modern coastal living. The main residence features 3 bedrooms and 1.5 baths, with light spilling through picture windows and wood-beamed ceilings adding warmth to every gathering space. Upstairs, a separate 2 bedroom 1 bath unit includes its own kitchen and living area, filled with natural light and a bright, airy feel, perfect for extended family, private guest quarters, or as a flexible rental opportunity. Framed by gardens and embraced by a classic white picket fence, the home greets you with a cheerful red Dutch door. Inside, character and charm unfold in every room, blending history with a sense of openness and calm. A detached garage and small art studio add flexibility for work, hobbies, or quiet retreat. Steeped in nostalgia yet refreshed for modern life, The Sea Captain's House is more than a residence, it's a story of light, charm, and coastal living carried forward for generations. Additionally, this property is a turnkey legal short-term vacation rental property in the Coastal Zone that's been generating steady and substantial monthly income over the past five years. Don't miss this rare high-quality and high-performing investment opportunity.
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
Discover an extraordinary investment opportunity just across the street from Alameda Park & Kids World. This distinguished 5-plex Spanish-style property captures the timeless character of Santa Barbara's architecture while offering exceptional income potential. The apartment mix includes 4 expansive three-bedroom apartments & 1 large two-bedroom apartment, each with fireplaces and private patios or balconies that invite outdoor living. Ample parking includes 5 covered spaces & 6 uncovered, a true luxury in this prime downtown location. First time ever on the market, this legacy property presents a once-in-a-generation chance to own a 5-plex where charm, location, and opportunity converge.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
For nearly 70 years, one family has cherished this 1887 Peter J. Barber Victorian showpiece. Today, it emerges completely vacant—a rare canvas for your Santa Barbara dreams. Three units, each lovingly maintained, with 100K in recent improvements, that await your vision. Original Eastlake elegance meets modern comfort just steps from State Street's pulse. The main Victorian residence anchors two additional income streams, all within a protected Historic District that ensures enduring value. Whether you seek income while occupying or a full investment play in Santa Barbara's protected Historic District, this convergence of architectural heritage and opportunity won't last. Some properties are investments. This one is an inheritance.
Courtesy: Compass
805-284-0881
Designed by architect Francis W. Wilson for Madame Elise Bachmann, this 1920s Riviera Craftsman blends architectural pedigree with timeless charm and a remarkable place in Santa Barbara history. The first home built on the Riviera, it captures ocean and city views and features three bedrooms and three baths upstairs, plus a main-level bedroom, office, TV room, and full bath. Remodeled kitchen and baths, custom cabinetry, and warm wood-paneled living spaces preserve its historic character while offering modern comfort. Includes a legal guest apartment with private entrance, two 2-car garages, fenced yard, and mature landscaping in a quiet location near The Mission, El Encanto, Roosevelt Elementary, and downtown Santa Barbara.
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: Radius Group Commercial R.E.
805-965-5500
1st time on the market in decades! 1825 Chapala Street is a 40unit multifamily property in Santa Barbara's desirable Oak Park neighborhood. Ideally located just blocks from Cottage Hospital, State Street, shopping, dining, and entertainment, it offers residents exceptional convenience in a quiet residential setting. The property includes three well-maintained buildings with junior 1BD/1BA units, approx. 300-330 SF, featuring open layouts, full kitchens, and private baths; several units have patios or fenced yards. Many have been updated with quartz counters, new cabinets, LVP flooring, and newer windows. Recent upgrades include new roofs (2023) and resurfaced/re-striped parking (2025). With strong income, rent upside, and a prime location, 1825 Chapala is a standout value add opportunity.
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 variety of shopping, and Santa Barbara's white sand beaches.
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. 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.
This is an incredible Santa Barbara Shores opportunity! Rarely available, this updated and meticulously kept 9+ unit luxury multi-family property very close to East Beach includes an extra-large owners' unit facing the water. Four apartments have 2 bedrooms / 2 baths; 4 have 2 bedrooms /1 bath; 1 has 1 bedroom / 1 bath; and there is an extra manager's studio. The property features 9 separate single car garages along with storage closets for each apartment. Clean, spacious, beautiful, and modern, every unit in this building is desirable. The incomparable East Beach neighborhood one block from the Pacific Ocean is a rare opportunity for buyers. There is plenty of potential on this R-4 lot in what may become one of the only short term neighborhoods in town. Serious inquiries only.
Well-maintained and lovingly cared for San Roque duplex, owned by the same family for over 48 years. This turnkey property features a ground-floor, single-level 3BD/2BA unit totaling 1,244 SF, and a second-floor 2BD/2BA unit totaling 872 SF (delivered vacant) — an ideal opportunity for an owner-occupant, dual-family purchase, or investor seeking quality units. The 3BD unit offers direct access to a one-car garage, while both units enjoy panoramic mountain views, newer appliances (new refrigerator and dishwasher in 2BD unit), individual washer/dryer for each unit (3BD laundry is in-unit and 2BD laundry is in the garage), private locked storage rooms outside of the units, and off-street covered parking. Ownership has been proactive with maintenance/updates, including newer wood-like laminate flooring, Milgard dual-pane windows (2018), roof repairs (2025), and a new slurry coat to the driveway. The 3BD unit is currently rented at $4,150/month (approximately 15% below market), with tenants paying their own utilities1 (the 2BD unit is currently vacant). This is one of the best values in Santa Barbara — offering over 2,100 SF of living space in the sought after San Roque neighborhood and Hope/La Colina school district, just moments from uptown Santa Barbara’s shopping, financial services, and restaurants.
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: Hayes Commercial Group
805-563-2111
Well-maintained and lovingly cared for San Roque duplex, owned by the same family for over 48 years. This turnkey property features a ground-floor, single-level 3BD/2BA unit totaling 1,244 SF, and a second-floor 2BD/2BA unit totaling 872 SF (delivered vacant) — an ideal opportunity for an owner-occupant, dual-family purchase, or investor seeking quality units. The 3BD unit offers direct access to a one-car garage, while both units enjoy panoramic mountain views, newer appliances (new refrigerator and dishwasher in 2BD unit), individual washer/dryer for each unit (3BD laundry is in-unit and 2BD laundry is in the garage), private locked storage rooms outside of the units, and off-street covered parking. Ownership has been proactive with maintenance/updates, including newer wood-like laminate flooring, Milgard dual-pane windows (2018), roof repairs (2025), and a new slurry coat to the driveway. The 3BD unit is currently rented at $4,150/month (approximately 15% below market), with tenants paying their own utilities1 (the 2BD unit is currently vacant). This is one of the best values in Santa Barbara offering over 2,100 SF of living space in the sought after San Roque neighborhood and Hope/La Colina school district, just moments from uptown Santa Barbara's shopping, financial services, and restaurants.
Two homes in one lot, Great property located just steps away from downtown Santa Barbara. Plenty of room and parking for multiple cars. First unit has 3 Bedrooms 1 bathroom, spacious with 902 sqft of livable space. The 2nd unit is detached from the front house located in the back of the lot situated above a 3 car garage with 3 bedrooms and 2 bathrooms. Just about 1,169 sqft.
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. 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: Goodwin & Thyne Properties
805-899-1100
Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and surrounded by high-end hotels, restaurants, and attractions, it offers diverse revenue streams and strong appreciation potential. With Santa Barbara's tourism market continuing to expand, this turn-key asset presents investors a rare opportunity to own a coastal hospitality property in one of California's most supply-constrained and desirable destinations— ideal for stable cash flow, brand growth, or future redevelopment. 24.5% fractional interest available for $2,500,000 (up to 2)
Courtesy: Goodwin & Thyne Properties
805-899-1100
Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and surrounded by high-end hotels, restaurants, and attractions, it offers diverse revenue streams and strong appreciation potential. With Santa Barbara's tourism market continuing to expand, this turn-key asset presents investors a rare opportunity to own a coastal hospitality property in one of California's most supply-constrained and desirable destinations— ideal for stable cash flow, brand growth, or future redevelopment.
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.
