$2,950,000

Estimated payment $18,529/month

Total Views 686
-- Bed
-- Bath
3,722 Sq Ft
$793 Price per Sq Ft

Highlights

  • Property is near an ocean
  • Santa Barbara Senior High School Rated A-
  • Property is near a park

About This Home

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

Listing Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 11/10/2025

Radius Group Commercial R.E.

Co-Listing Agent

Brad Frohling

Radius Group Commercial R.E. License #01323736

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Parking

  • 9 Parking Spaces

Home Design

  • 3,722 Sq Ft Home

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near an ocean
  • Property is in good condition

Community Details

  • 8 Units
  • Gross Income $220,164

Listing and Financial Details

  • Assessor Parcel Number 029-221-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1957
  • Income Expenses Annual Income: 220164.0
  • Capitalization Rate: 4.41
  • Gross Rent Multiplier: 13.40
  • Monthly Income: 18347.0
  • Miscellaneous Parking Spaces: 9.0
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1957
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Main House SqFt: 3722.0
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 9.0

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 029-221-013
  • Zoning: Other

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 220164.0
  • Total Actual Rent: 18347.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $2,950,000 -- $793 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-4121

Santa Barbara Multiple Listing Service