Investment - Homes for Sale in Santa Barbara, CA

For nearly 70 years, one family has cherished this 1887 Peter J. Barber Victorian showpiece. Today, it emerges completely vacant—a rare canvas for your Santa Barbara dreams. Three units, each lovingly maintained, with 100K in recent improvements, that await your vision. Original Eastlake elegance meets modern comfort just steps from State Street's pulse. The main Victorian residence anchors two

Deborah Samuel Berkshire Hathaway HomeServices California Properties

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

Kevin Goodwin Goodwin & Thyne Properties

Nestled in the heart of downtown Santa Barbara, Casa Valerio blends classic charm with modern sophistication. This extensively remodeled mixed-use property offers both residential comfort and exceptional investment potential. The second-floor residence spans +/-1,406 square feet and features 3 bedrooms, 2 bathrooms, a two-car garage, and two private decks, perfect for enjoying Santa Barbara's

Steve Epstein Keller Williams Realty Santa Barbara

Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and

John Thyne Goodwin & Thyne Properties

Nestled at the base of Santa Barbara's famed Lower Riviera lies this exceptional investment opportunity consisting of three freestanding homes located just minutes to Downtown Santa Barbara, Santa Barbara's County Bowl, the Funk Zone, a wide arrange of shopping, and Santa Barbara's white sand beaches. Constructed in 1999, each home is a 3BD/2BA with an attached two-car garage ranging in size from

Christos Celmayster Hayes Commercial Group

Discover a versatile 5-bedroom, 3-bathroom home offering flexible living options. The main level features a 3-bedroom, 2-bath layout with recent improvements, including fresh interior paint and new carpeting. Upstairs, a separate 2-bedroom, 1-bath space with its own private entrance provides excellent flexibility for extended family, guests, or potential rental use. The backyard offers a patio

Amanda Esparza eXp Realty of California Inc.

Situated down a long driveway lies this well maintained and updated 8 unit investment opportunity in the heart of Santa Barbara. 7 one bedroom apartments, and 1 two bedroom with private balconies and large outdoor patios. On site laundry and 16 parking spaces. Close to everything Santa Barbara has to offer.

Jason Siemens Sotheby's International Realty

Prime downtown investment opportunity! This Andalusian-style duplex built in 2012 by the owner/architect, offers modern construction in an unbeatable location with a high walk score and ready access to 101 and public transportation. Each residence features 3 bedrooms, 3 full bathrooms, in-unit laundry, a private large rooftop terrace with city and mountain views, private patios, private 2-car

Dan Crawford Berkshire Hathaway HomeServices California Properties

Lower Riviera duplex offering a versatile opportunity with two fully updated units and sweeping south-facing views of the ocean, islands, and city skyline from each unit. Located just minutes from downtown this property is ideal for an owner-user or investor with room to add an ADU and enhance long-term value. The lower unit enjoys access to a view deck perfect for relaxing or entertaining.

Gregoire & Real Estate Group Compass

Nestled at the base of Santa Barbara's famed Lower Riviera lies this exceptional investment opportunity consisting of three freestanding homes located just minutes to Downtown Santa Barbara, Santa Barbara's County Bowl, the Funk Zone, a wide variety of shopping, and Santa Barbara's white sand beaches.

Christos Celmayster Hayes Commercial Group

An exceptional investment opportunity across from the beach in Santa Barbara's coveted waterfront district. This mixed-use property features the renowned Toma Restaurant & Bar—one of the city's most celebrated dining destinations—and a charming single-family residenceoffering flexible use or rental income. Situated directly along Cabrillo Boulevard with stunning ocean views, this property

Nolan Tooley Hayes Commercial Group

Exciting Mesa Investment Opportunity near the Beach and Douglas Preserve, one of Santa Barbara's most desirable rental areas. Gated Entry with Main house 4BR/4BA featuring two primary suites (one on entry level). Plus, private guest quarters w/3BR/1BA, kitchenette/wet bar. Rent entire property to one tenant, explore JADU potential, or consult planner about SB9 to create Duplex. Large 2-car garage

LORENA REGALADO LPT Realty, Inc.

Discover an extraordinary investment opportunity just across the street from Alameda Park & Kids World. This distinguished 5-plex Spanish-style property captures the timeless character of Santa Barbara's architecture while offering exceptional income potential. The apartment mix includes 4 expansive three-bedroom apartments & 1 large two-bedroom apartment, each with fireplaces and private patios

Stan Tabler Compass

Prime opportunity for the savvy developer/investor to take advantage of the new flexible Adaptive Re-Use ordinance and favorable R-M zoning, to re-purpose inside the walls of a classic historic building into apartments or condominiums. As one of Santa Barbara's most treasured and unique properties, in an A++ location where downtown transitions to the Upper East and directly across from Alick Keck

Ken Switzer Berkshire Hathaway HomeServices California Properties

Nestled in the coveted El Escorial Villas just steps from East Beach and minutes from downtown Santa Barbara, this beautiful Biltmore model, 2-bedroom, 2-bath second-floor end-unit offers the perfect blend of elegance, comfort, and convenience. Whether you're seeking a full-time residence, weekend getaway, or investment property, this turnkey condo presents a rare opportunity in one of Santa

Gary Goldberg Coastal Properties

Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and

John Thyne Goodwin & Thyne Properties

Prime Santa Barbara 4-Unit Multifamily Investment Opportunity This well-maintained 4-unit multifamily property is ideally located just off Turnpike Road, offering quick access to the US 101 Freeway and only minutes from downtown Santa Barbara. Its central location places residents near retail shopping, restaurants, parks, and just a short walk from San Marcos High School — ensuring a strong and

Joel Butera Berkshire Hathaway HomeServices California Properties

Between the sea breeze of the Funk Zone and the timeless charm of the Montecito Post, The Sea Captain's House offers 5 bedrooms and 2.5 baths across two units and approximately 3,100 square feet. Restored with care in 2019, the 1911 home balances original craftsmanship with modern coastal living. The main residence features 3 bedrooms and 1.5 baths, with light spilling through picture windows and

The Easter Team Berkshire Hathaway HomeServices California Properties