$2,995,000

Estimated payment $18,092/month

Total Views 2,159
-- Bed
-- Bath
2,122 Sq Ft
$1,411 Price per Sq Ft

Highlights

  • Property is near an ocean
  • 0.39 Acre Lot
  • Property is near park, public transit, schools, shops, and bus stop
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Wood Flooring

About This Home

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.

Listing Agent

Jon Standring

Beachside Partners License #01893163 Listed on: 06/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 16,988 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 2,122 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Parking

  • 10 Car Garage
  • Carport

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Location

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Community Details

  • 3 Units
  • 15 Or 20 Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-161-010
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0.39 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2006
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 10.0
  • Building Stories: 3
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Flooring: Hardwood, Tile, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 2006
  • Property Information Apx # Acres: 0.39
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Carport2: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2122.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 16988.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 3.0
  • Amenities Deck2: Yes
  • Amenities Patio2: Yes
  • Foundation Raised2: Yes
  • Parking Info Gar #14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Exterior Features

  • Acres: 0.39
  • Foundation Details: Slab, Raised

Garage/Parking

  • Parking Features: Outside, Garage, Carport
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Other, Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 027-161-010
  • Zoning: Other, CLA
  • Lot Size Sq Ft: 16988.0

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $22,982 $2,218,984 $1,380,100 $838,884
2025 $22,982 $2,175,476 $1,353,040 $822,436
2023 $22,589 $2,050,000 $1,275,000 $775,000
2022 $2,116 $202,048 $66,507 $135,541
2021 $2,064 $198,087 $65,203 $132,884
2020 $2,042 $196,057 $64,535 $131,522
2019 $2,005 $192,214 $63,270 $128,944
2018 $2,049 $188,446 $62,030 $126,416
2017 $1,908 $184,752 $60,814 $123,938
2016 $1,943 $181,130 $59,622 $121,508
2014 $1,890 $174,916 $57,577 $117,339
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2026 06/18/26 For Sale $2,995,000 +46.1% $1,411 / Sq Ft
02/15/2022 02/15/22 Sold $2,050,000 0.0% -- View Prior Sale
02/15/2022 02/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $2,050,000 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,050,000 Chicago Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,300,000 New Conventional
Closed $430,000 New Conventional
Closed $255,000 New Conventional
Closed $250,000 New Conventional
Closed $250,000 Credit Line Revolving
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 26-1953

Santa Barbara Multiple Listing Service

APN: 027-161-010

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