$3,950,000

333 E Carrillo St Santa Barbara, CA 93101

Laguna Neighborhood

Estimated payment $24,585/month

Total Views 2,758
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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

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 1956

Lot Details

  • Property is in good condition

Parking

  • 8 Parking Spaces

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 029-221-014

Community Details

Overview

  • 10 Units

Building Details

  • Gross Income $285,612
  • Net Operating Income $169,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Income Expenses Annual Income: 285612.0
  • Capitalization Rate: 4.28
  • Gross Rent Multiplier: 13.83
  • Monthly Income: 23801.0
  • Miscellaneous Parking Spaces: 8.0
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1956
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condition Good2: Yes
  • IncomeExpenses NOI2: 169200
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 8.0

Schools

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

Lot Info

  • Parcel #: 029-221-014
  • Zoning: Other

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 285612.0
  • Total Actual Rent: 23801.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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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 $3,950,000 -- --
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-4120

Santa Barbara Multiple Listing Service
California Santa Barbara County Santa Barbara 93101 Laguna

333 E Carrillo St, Santa Barbara, CA

For Sale

MultiFamily

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Steve Golis
Listing Agent
Steve Golis
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Radius Group Commercial R.E.
(805) 669-9773