Courtesy: Goodwin & Thyne Properties
805-899-1100
Tons of potential! Month to month leases on this 6-unit multifamily in prime Goleta with strong rental demand and future upside. Each 2BD/1BA unit offers efficient layouts with patios or decks and mountain views. Amenities include garages with storage, on-site laundry, and ample parking. Located near UCSB, Old Town, and major employers, this property benefits from consistent tenant demand. All tenants are month-to-month with signed estoppels in hand including one year lease rejections—positioning this asset for rent growth and long-term value. ADU Potential.
Located on a desirable corner lot in the heart of Santa Barbara near State Street, this collection of properties offers a rare blend of historic character, modern upgrades, and strong income potential. At 333 E Anapamu St., a designated historic landmark built in 1890, you'll find a spacious 6-bedroom, 3-bathroom residence with an additional flex space. Recent improvements include a central HVAC system, updated bathrooms, new gas lines, and exterior paint. Just next door, 1201, 1203, and 1205 Laguna St. each offer a generous 1-bedroom, 1-bathroom floor plan of approximately 1,000 sq. ft., built in 1955. Upgrades include a fully renovated kitchen at 1201 (2023) and repiping at 1205 (2016). Together, these well-maintained properties provide immediate stability with room for long-term value growth, an exceptional opportunity in one of Santa Barbara's most sought-after locations. 5,071 Square Footage includes Art Studio.
Courtesy: Goodwin & Thyne Properties
805-899-1100
Incredible multifamily opportunity in the heart of Santa Barbara. This substantial fourplex features a desirable mix of single-level and townhouse-style residences, each offering 3 bedrooms, 2 bathrooms, a fireplace, and dedicated carport parking. Ideally situated just blocks from the Santa Barbara Bowl and moments from downtown, the property benefits from strong tenant demand and broad renter appeal. Units A, B, and C are now vacant, creating a rare opportunity to reposition for prime market-rate rents or pursue an owner-user setup, while Unit D provides immediate in-place income. An onsite laundry facility adds convenience and enhances operational efficiency. With meaningful upside potential in a supply-constrained market, this offering stands out as a compelling investment property.
Courtesy: Berkshire Hathaway HomeServices California Properties
805-969-5026
Boasting over 3,700 SF, this ultra charming 4 unit gem features fabulous panoramic ocean and Mesa hill views and is perfectly positioned below the iconic El Encanto Hotel in Santa Barbara's coveted Upper East/Lower Riviera. Where timeless character meets modern updates and an A plus location, this majestic property features refreshed interiors, new paint, lighting, and stylish flooring throughout. Delivered fully vacant, allowing immediate market rents, or a rare owner-user opportunity in the spacious 1500 +/- SF, 2BD/1.5BA unit featuring a dynamic kitchen with cathedral ceilings & skylight, spacious living room, along with an oversize primary bedroom w/ sweeping ocean views! Enjoy the fabulous outdoor spaces complete with deck and large/private flat rear yard! A truly special offering!
Courtesy: Home Realty & Investments
805-964-3054
Triplex!! Excellent value add opportunity in prime downtown location. Walking distance to the vibrant De La Vina corridor and Cottage Hospital. Nice unit mix (2-2 bedroom 1 bath and 1-1 bedroom 1 bath all with fireplaces). Detached 3 car garage. All units are vacant making it easy to navigate improvements and do as you wish to make this property your own.
Courtesy: Village Properties
805-969-8900
Quality & Prime Location Santa Barbara Duplex with views! Both Units are currently occupied with $10,000/mo. gross rents! Beautifully renovated, single level, 2 beds/1 1/2 baths & approx. 980 sqft each. Filled with natural light on an elevated & sunny exposure, with city views & ocean peeks. Each unit boasts open living space, dining nook, remodeled kitchen & sparkling bathrooms. Large balconies offer outdoor relaxing & entertaining space. Each unit sits above separate carports & their own laundry & storage rooms. The following appliances are included for each unit: washer, dryer, dishwasher, stove and refrigerator. Close to downtown Santa Barbara and a short drive to the beach & the renowned County Bowl!
Bath Street Flats is a boutique multifamily investment located in one of Santa Barbara's most supply-constrained downtown submarkets, offering hands-off ownership and durable cash flow. Situated just two blocks from the Santa Barbara Public Market and minutes from the Theatre District, the property benefits from consistent tenant demand, strong rental performance, and full occupancy. The asset has been meaningfully repositioned, allowing a new owner to step into a fully stabilized investment with limited near-term capital exposure and current income of $30,250 per month. With high barriers to entry and limited turnover, the property is ideally suited for a 1031 exchange buyer, private investor, or family office seeking stable income and long-term capital preservation in Santa Barbara.A newly constructed ADU (2022) adds additional value, while off-street parking and a modernized on-site laundry facility further enhance tenant convenience. This is a well stabilized investment opportunity, ideal for a 1031 exchange or long-term hold. With its unbeatable downtown location, consistent rental demand, and exceptional curb appeal, Bath Street Flats stands out as an ideal option for a hands-off investor.
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.
