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223 W Arrellaga Street, Santa Barbara
$1,950,000
Character-rich property in the heart of downtown Santa Barbara. This classic Craftsman triplex delivers an easy-to-rent unit mix featuring a two-story 2BD/1.5BA, an upstairs 2BD/1.5BA, and a ground-floor 1BD/1BA. All the heavy CapEx lifting is already handled: brand-new roof, new skylights, full exterior wood repair & paint, fresh yard divider fencing, reinforced garages, and updated exterior lighting. The vacant unit just wrapped a nice interior refresh with fresh paint, durable new carpet and kitchen laminate flooring, new fixtures, and microwave hood, giving you instant day-one market rent without lifting a finger. Having two separate 1-car garages plus extra off-street parking downtown is pure gold for tenant retention or extra storage revenue. Located just blocks from the State Street corridor in an ultra-tight rental market, this is a clean, low-maintenance income play built for solid yield and long-term appreciation.

223 W Arrellaga Street, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

618 Anacapa Street Unit Apt 8, Santa Barbara
$4,200,000
3 Beds ⋅ 3 Baths ⋅ Anacapa Villas BLDG.
Welcome to Casa Perla, one of the largest and most distinguished penthouses in downtown Santa Barbara - a single-level contemporary design of rare scale behind a private gated entrance at Anacapa Villas. An elevator rises directly from your garage directly inside of the home, so every arrival is seamless and completely private. The 3,762 sq. ft. open-concept floor plan offers 3 bedrooms & 3 baths, generous living spaces, two living rooms, and a dedicated office, with dramatic finishes throughout. Step onto the covered patio that is perfectly positioned to enjoy direct views of the iconic Riviera. The chef's kitchen is made for entertaining. It features custom cabinetry, an oversized island with honed granite counters, and professional-grade stainless appliances, including a Viking r The primary bath is a true spa retreat, nearly the size of a bedroom, with Kohler infinity-edge sinks and a large walk-in shower. The home sits one block from State Street's cafés, galleries, and acclaimed dining, and just five blocks from East Beach, the Funk Zone, and Stearns Wharf. Don't miss this one of a kind opportunity to own one of Santa Barbara's most desirable penthouse residences.

618 Anacapa Street Unit Apt 8, Santa Barbara

Listing courtesy of Pollero Partners.

618 Anacapa Street Unit Apt 6, Santa Barbara
$2,600,000
2 Beds ⋅ 2 Baths ⋅ Anacapa Villas BLDG.
Perched on the uppermost level of the gated Anacapa Villas, this single-level contemporary penthouse is located in the heart of downtown Santa Barbara. An elevator rises from the garage directly into the residence, so every arrival is completely private. The 2,017 sq. ft. open floor plan has 2 bedrooms and 2 baths, filled with natural light and warmed by rich wood floors and a living room fireplace. The gourmet kitchen is an inviting centerpiece, with a large island, a pantry, and top-of-the-line appliances. Graceful patios at each end of the home frame sweeping views of the Riviera, the city lights, and glimpses of the Pacific. ''Romeo & Juliet'' balconies add a touch of old-world romance. Both bedrooms are generously proportioned and have their own private balconies with views of the city, mountains and peeks of the ocean. The primary bath offers a soaking tub and both bathrooms are equipped with a large walk in shower. Located one block from lower State Street's cafés, galleries, and acclaimed dining, and just five blocks from East Beach, the Funk Zone, and Stearns Wharf. This is refined downtown living at its most sophisticated level.

618 Anacapa Street Unit Apt 6, Santa Barbara

Listing courtesy of Pollero Partners.

105 W De La Guerra Street Unit K2, Santa Barbara
$1,495,000
2 Beds ⋅ 2 Baths ⋅ Paseo Chapala BLDG.
Rare offering at Paseo Chapala! This light-filled luxury condo features 2 bedrooms, 2 bathrooms, a private office tucked away off the balcony, and a coveted private 1-car garage with built-in storage. The desirable south-facing orientation offers abundant natural light, city and mountain views, and a private balcony with views of the July 4th fireworks. The open floor plan features wood floors, a spacious kitchen with large center island and newer appliances, and an inviting living room with fireplace and French doors opening to the balcony. Additional highlights include a spacious primary suite with walk-in closet and built-in storage, in-unit laundry, and gated entry. Enjoy an exceptional downtown location, moments from State Street, restaurants, shopping, theaters, and the waterfront.

105 W De La Guerra Street Unit K2, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

2411 Chapala Street, Santa Barbara
$2,649,000
Two homes on one lot, this 1927 single story main home has 2 bedrooms, 1.5 bathrooms, formal dining, laundry, and custom archways, with a private front yard behind mature hedges; second is a gracious two-story 3 bedroom, 1.5 bathroom guest house, offering many dual living possibilities; and a detached 2-car garage + 3 more open parking spaces on a shared off street alleyway behind the homes. Mature landscaping is complimented by attractive artificial turf with a large yard replete with a patio, outdoor dining, and fruit trees separating the homes. Under the main home is a storage cellar. The third guest bedroom features a large walk-in closet. This is an exceptional value in a great downtown area with an 82 walk score and a 91 bike score close to many conveniences.

2411 Chapala Street, Santa Barbara

Listing courtesy of Thyne Real Estate Group.

1011 Rinconada Road Unit B, Santa Barbara
$2,195,000
3 Beds ⋅ 3 Baths ⋅ Bella Vita BLDG.
Welcome to Casa Bellissimo, a private and peaceful residence just moments from the heart of downtown Santa Barbara. Set within Bella Vita, an intimate enclave of just eight Spanish Revival residences, the community evokes the charm of a Spanish village, with white stucco walls, terracotta rooflines, wrought-iron accents, solid wood doors, and colorful hand-painted tile creating a setting that feels like a vacation while remaining remarkably close to the best of downtown Santa Barbara. Inside, soaring ceilings, warm wood floors, tall windows, and abundant natural light complement the home's architectural character. A Spanish-style fireplace anchors the living room, while French doors open to two private patios. Upstairs, the spacious primary suite features a vaulted ceiling, walk-in clos Juliet balcony, and colorful tiled en-suite bath. A private two-car garage provides exceptional storage and everyday convenience. Designed by Cearnal Architects and built in 2003, Bella Vita received the AIA Vernacular Award for its interpretation of Santa Barbara's Spanish Colonial Revival heritage. Quiet and tucked away yet just moments from downtown, the Theatre District, acclaimed restaurants, boutique shopping, and cultural attractions, Casa Bellissimo offers a rare combination of privacy, architectural character, and everyday convenience within one of downtown Santa Barbara's most distinctive architectural communities.

1011 Rinconada Road Unit B, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

2016 State Street, Santa Barbara
$2,749,000
Built in 1925, this Spanish-style residence carries the character that defined Santa Barbara's early architecture, with classic white-washed walls, a red tile roof, and arched details that have held up for a century. A second, fully separate house on the property adds room to live, host, and plan for what comes next. Both homes are single-story, so daily living is easy from front door to garden. The main residence offers 2 bedrooms 1.5 baths with interior features: e.g., original hardwood floors, beamed ceilings, fireplace, updated kitchen. The second house offers 1 bedrooms 1 baths and its own entrance, well suited for extended stays with guests, a studio, or rental income. Rents are projected! The property's R-O (Restricted Office) and R-2 (Two-Unit Residential) zoning adds real flexibility. Owner-users, investors, and professionals can consider a range of options, from a two-home residential setup to a live/work arrangement or professional office use, subject to City of Santa Barbara approval. Buyer to verify permitted uses and permits.

2016 State Street, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

622 & 624 W Valerio Street, Santa Barbara
$1,489,500
4 Beds ⋅ 2 Baths
2 houses 1 lot! This delightful DUPLEX presents a special opportunity to own two charming single-story 2BD/1BA residences, each with its own attached 1-car garage, w/laundry hookups, fenced front garden and private side patio. One residence offers an excellent owner-occupancy opportunity while the other provides existing rental income--an ideal blend of lifestyle, flexibility and investment potential. Recent improvements include a new roof, garage doors, gutters & downspouts. Unit #622 has refinished hardwood floors, new paint & window coverings. Each unit is separately metered for utilities. Conveniently located on a treelined street near shopping, downtown Santa Barbara and the beach. A rare opportunity to own a versatile Santa Barbara property. Delightful Santa Barbara Duplex, Centrally Located on a Tree-Lined Street! A wonderful opportunity to own a Santa Barbara duplex offering the privacy and functionality of two individual homes--combined with the income potential and flexibility of a multi-unit property. Welcome to 622 & 624 W. Valerio Street, an exceptionally appealing duplex featuring two separate 2-bedroom, 1-bath single-story residences, each designed to provide a true sense of independence and privacy. What sets this property apart is the thoughtful configuration of each residence. Each unit has its own attached one-car garage with laundry hookups, its own fenced front garden & lawn area, and its own private fenced side patio. Rather than feeling like a traditional apartment-style duplex, each residence offers many of the features buyers appreciate in a single-family home. One of the property's most compelling advantages is its flexibility. One unit currently offers an opportunity for a new owner to occupy that residence. The second unit is currently occupied, providing an existing rental income component. For an owner-occupant, this presents the possibility of living in one home while generating rental income from the other. For an investor, the property offers two separate 2-bedroom, 1-bath residences with desirable features that can contribute to long-term rental appeal. For a buyer seeking flexibility, the two-unit configuration provides options that a conventional single-family property simply cannot. WHY IS THIS DUPLEX IS DIFFERENT? Many duplexes offer shared outdoor areas, shared garages or limited parking and laundry facilities. Each residence has its own garage. Each residence has its own laundry hookups. Each residence has its own fenced front garden. Each residence has its own side patio. Each unit has separately metered water, gas & electric utilities. New roof, gutters & downspouts & garage doors ehance its overall value. Unit #622 has refinished hardwood floors, window coverings & paint. The result is a property that offers the convenience of two independent homes while maintaining the advantages of a single real estate investment. Multi-unit properties in Santa Barbara offer a particularly compelling combination of ownership flexibility and income potential. Finding one with two 2-bedroom residences, individual garages and private outdoor spaces make this property especially noteworthy. Whether you're looking to: " Live in one unit and rent the other " Build or expand a Santa Barbara investment portfolio " Own a property with multiple future-use possibilities " Combine personal use with rental income " Acquire a versatile multi-unit property in Santa Barbara That simple combination captures what makes this property special. 622 & 624 W. Valerio Street offer the opportunity to own two separate Santa Barbara residences in one property--with privacy, outdoor space, garages, laundry facilities and income-producing potential. A rare opportunity. A flexible investment. Two places to call home.

622 & 624 W Valerio Street, Santa Barbara

Listing courtesy of Coast and Valley Properties.

329 W Valerio Street, Santa Barbara
$2,695,000
4 Beds ⋅ 4 Baths
Super special downtown property! 2 homes on one lot. Main house completely redone Craftsman style 3 bed 2.5 bath nearly 1,900 sq. ft. home. In addition, the rear property is a new 1 bed 1 bath recently added 653 sq.ft. ADU over 2 one car garages. Main home circa 1928 has gone through a complete renovation. All new plumbing, electric, heating and roofing. Home is extremely charming and enjoys redone original hardwood floors, crown moldings, formal dining room, stunning new kitchen and baths. Downstairs primary suite in addition to home office. 2 nice sized bedrooms with original fir floors upstairs. The ADU is spectacular and includes a great room with cathedral ceilings and nice city views. State of the art kitchen and large primary bedroom and bath. Other amenities include solar electric

329 W Valerio Street, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

1819 Castillo Street, Santa Barbara
$1,575,000
2 Beds ⋅ 1 Baths
This 1924 California Bungalow is ready for its next chapter. The home offers 2 bedrooms and 1 bath, with assessor records reflecting 3 bedrooms due to previous owner removing a wall to create an open kitchen layout. A large attic provides excellent storage or future potential. The detached two-car garage with workshop is in disrepair, and its roof was not replaced when the main house roof was replaced in 2023. The lot is approximately 60 x 120 R-4 zoned. Property is being sold in as-is condition, with no guarantees or warranties. Listing agent is part owner.. Sale is part of an estate settlement. All measurements, dimensions, and square footage figures are approximate and unverified. Buyer to verify all information including square footage, lot size, zoning, room dimensions, permits

1819 Castillo Street, Santa Barbara

Listing courtesy of Gallagher Property Management.

Santa Barbara
$4,600,000
Casa Castillo presents a rare opportunity to acquire a fully permitted, five-suite boutique hotel in the heart of downtown Santa Barbara. Ideally situated just half a mile from State Street and minutes from the vibrant Funk Zone, beaches, shopping, and an abundance of dining and entertainment options, the property offers an exceptional location in one of California's most desirable coastal destinations. As one of a limited number of fully permitted short-term rental properties in Santa Barbara's downtown core, Casa Castillo represents a unique opportunity to acquire a turnkey hospitality investment with an established operating platform and attractive cash flow. Occupancy of 81.1% at a $496 ADR and a 7.0% Cap Rate. interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio and capitalize on the approximately 7.2 million visitors to Santa Barbara, or for a buyer looking for their pied-à-terre in Santa Barbara that not only supports their ownership costs but generates income on their investment.

Santa Barbara

Listing courtesy of Hayes Commercial Group.

727 Garden Street, Santa Barbara
$4,400,000
4 Beds ⋅ 2 Baths
The Crown of Downtown. Incredibly well-designed, spacious penthouse plus 2 high-end office spaces in the heart of Santa Barbara. The best of what mixed-use can offer. The residence is approx. 4,369 sq ft with 4 bedrooms & 2.5 baths, high ceilings, spacious and open with abundant natural light and scenic mountain & city views. 4 private patios with tall glass doors create seamless indoor-outdoor living. Features include 3 fireplaces, a dumbwaiter, electric shades, spa, sauna, extensive storage & laundry room. The 2 well-appointed office suites (approx. 1,809 & 949 sq ft) are currently tenant occupied. Complete with gated garage parking-8 spaces plus 2 separate and enclosed resident spaces. Incredible location & close to everything. Property is on a ground lease with 30 years remaining.

727 Garden Street, Santa Barbara

Listing courtesy of Goodwin Properties.

1124 Bath Street, Santa Barbara
$1,025,000
2 Beds ⋅ 2 Baths
Some homes have character; this one has a story. Built in 1910, this enchanting two-bedroom, two-bath Santa Barbara cottage was the longtime home of Audrey and Adelaide Ovington , a mother and daughter who were the legendary proprietors of Cold Spring Tavern, the historic stagecoach stop established in 1868. Its history is not merely attached to the home; it can be felt in every individual detail. Framed by mature trees, its storybook gabled façade, covered porch and unforgettable hand-painted Dutch door offer a first glimpse of what awaits inside. Warm wood floors lead through intimate living spaces filled with built-in bookshelves, a cozy fireplace and the unmistakable charm of a home shaped over generations. The cottage kitchen and cheerful breakfast nook feel delightfully preserved gently reimagined and loved into its next chapter. Its central location places downtown Santa Barbara's restaurants, shops, cultural destinations and everyday conveniences within easy reach. It offers a lifestyle that feels both connected and distinctly Santa Barbara.

1124 Bath Street, Santa Barbara

Listing courtesy of Compass.

715-719 De La Vina Street, Santa Barbara
$4,995,000
Located along the highly desirable Lower De La Vina corridor, 715-719 De La Vina Street represents a rare opportunity to acquire a centrally located residential compound with significant long-term redevelopment and value-add potential. The offering consists of two adjacent parcels totaling approximately 25,881 SF (0.59 acres) improved with seven (7) units. Future redevelopment scenarios may involve a combination of preservation, adaptive reuse, infill development, ADU expansion, or higher-density multifamily redevelopment utilizing the City's AUD program and State Density Plus. The combination of substantial land area, existing residential income, favorable zoning, and central Santa Barbara location creates a unique opportunity for investors, developers, and long-term landholders.

715-719 De La Vina Street, Santa Barbara

Listing courtesy of Hayes Commercial Group.

531 Chapala Street Unit Unit A, Santa Barbara
$3,135,000
1 Beds ⋅ 1 Baths ⋅ El Andaluz BLDG.
Experience exceptional living in this extraordinary 2,200+ square foot residence within the award-winning El Andaluz. Designed with a distinctive Moroccan influence by renowned Santa Barbara architect Jeff Shelton, this home features a grand, arched living room with 12-foot ceilings and mountain views. The versatile layout includes a spacious bedroom, a dedicated office, and a cozy fireplace den, while multiple balconies and an exclusive patio area seamlessly extend the living space outdoors. A private elevator sits just steps from the exclusive two-car garage, providing direct access into the residence. Located just steps from downtown Santa Barbara, this is an exceptional offering in one of Santa Barbara's most sought-after buildings.

531 Chapala Street Unit Unit A, Santa Barbara

Listing courtesy of Jason Saltoun-Ebin.

726 Castillo Street, Santa Barbara
$2,500,000
2 Beds ⋅ 1 Baths
First time on the market in over 50 years! A unique opportunity for a developer builder to reimagine this property in downtown Santa Barbara. This property could be a fabulous opportunity for a family compound! Property sits on a large fairly flat approximately 10,000.00 +_sq.ft. lot with mountain views. The lot runs into Mission creek. It is zoned R3 multi-unit/hotel. 88 Walk score and 99 bike score paradise. Currently existing original size 2-bedroom 1-bathroom main home and two separate bungalow studios. They all need to be restored and renewed to their original charm. Opportunity to build-out parcel or re-build from scratch considering high density rules. Located near Santa Barbara's downtown, Funk zone, Harbor, Pier, local beaches and SBCC No financing. Appointment only.

726 Castillo Street, Santa Barbara

Listing courtesy of Sun Coast Real Estate.

2411 Chapala Street, Santa Barbara
$2,649,000
5 Beds ⋅ 4 Baths
This 'Upper WEast' property features a classic 1927 single story main home with 2 bedrooms, 1.5 bathrooms, formal dining, laundry, and custom archways, with a private front yard behind mature hedges; as well as a gracious two-story 3 bedroom, 1.5 bathroom guest house, offering many dual living possibilities; and a detached 2-car garage on a shared off street alleyway behind the homes. Mature landscaping is complimented by attractive artificial turf with a large yard replete with a patio, outdoor dining, and fruit trees separating the homes. Under the main home is a storage cellar. The third guest bedroom features a large walk-in closet. This is an exceptional value in a great downtown area with an 82 walk score and a 91 bike score close to many conveniences.

2411 Chapala Street, Santa Barbara

Listing courtesy of Thyne Real Estate Group.

1611 Castillo Street, Santa Barbara
$2,895,000
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.

1611 Castillo Street, Santa Barbara

Listing courtesy of Beachside Partners.

1917 Bath Street, Santa Barbara
$2,400,000
5 Beds ⋅ 4 Baths
Unique opportunity for multi-generational living, investment, or an owner-user seeking flexibility in a desirable Santa Barbara location. Charming front residence offers 3BD/2BA across approx. 1,567 SF with wood floors, formal dining, built-in cabinetry, fireplace, sunroom, covered front porch & stand-up attic. Detached Spanish-style duplex features an upper 2BD/1BA with fireplace, balcony & mountain views, plus a spacious lower studio with kitchen, fireplace & separate office/workspace. All 3 residences have in-unit laundry. Three single-car garages with alley access add convenience. Public records indicate the duplex is approx. 1,730 SF, bringing the combined living space to approx. 3,297 SF. A versatile property offering multiple possibilities for living & income. Buyer to verify.

1917 Bath Street, Santa Barbara

Listing courtesy of Compass.

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