Investment - Homes for Sale in Santa Barbara, CA

Prime Downtown Santa Barbara 6-Unit Investment Property!Originally built in the 1920s, this charming two-story building blends classic character with modern appeal, boasting approximately 4,870 sqft of living space across its 6 units. The building is fully occupied and includes two one-bedroom, one-bath units and four studio apartments with current rents at $10,585 per month. Sitting on a

Sean McIver Compass

Rare opportunity in the highly sought-after El Escorial community! This charming ground-floor studio is a true gem, as studio units here rarely come on the market. Bathed in beautiful east-facing morning light, the residence offers a warm and inviting atmosphere from the moment you step inside. The interior features elegant wood floors, a thoughtfully designed layout, and stylish décor that

Billy Mandarino 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 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

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

Located next to Cottage Hospital in Santa Barbara, 2019 Bath Street is a well-positioned four-unit apartment building offering a desirable unit mix and strong long-term investment potential. The propertyprovides tenants with convenient on-site amenities including two covered carports and a shared laundry room. In addition to its current income, the property presents a compelling value-add

Gene Deering Radius Group Commercial R.E.

Nestled in the coveted Mesa neighborhood, this beautifully reimagined residence offers a refined blend of coastal elegance, privacy and sweeping ocean and mountain views. Set on an expansive 0.2-acre lot, the 3-bedroom, 2-bath home spans +/-2,088 square feet of thoughtfully designed living space, creating an exceptional retreat just moments from the Mesa's beloved beaches, shops and dining.

Kimberly Rockwell eXp Realty of California, Inc.

Nestled at the base of Santa Barbara's famed Lower Riviera lies this exceptional investment opportunity consisting of 3 freestanding homes located just minutes to Downtown Santa Barbara, The County Bowl, the Funk Zone, a wide arrange of shopping, & Santa Barbara's white sand beaches. Front house was built in the 20's and other two were '99. Each home is a 3BD/2BA with an attached 2-car garage

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

A great opportunity to own 2 fully detached, private residences, ideal for long term investment, multi generational living, or living in one while generating meaningful rental income from the other. Moments from City College, the Mesa, downtown, and some of the area's favorite restaurants, shops and beaches. Each home offers 3-bedrooms and 2-baths along with its own fenced outdoor space, patio,

Patrice Serrani 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

A rare spacious 3bd/2ba end unit (NO STAIRS) that combines privacy, lots of natural light. Lives more like a house than a condo inside. Located within the Peabody School attendance area, this well laid out unit offers comfort and convenience set quietly on a peaceful street in Santa Barbara's coveted San Roque neighborhood. Step inside and you'll feel the openness: The living room is bright and

Patrice Serrani Compass

Versatile Downtown Santa Barbara Triplex - Ideal Owner-User Opportunity. Exceptional opportunity to own a well-located triplex in one of Santa Barbara's most vibrant neighborhoods. Just minutes from downtown, local schools, shopping, restaurants, the beach, and convenient transportation, this property offers flexibility, income potential, and lifestyle all in one. The property features three

Alisa Pepper Berkshire Hathaway HomeServices California Properties

Discover this charming California cottage home featuring a light and bright 3 bed 2 bath main home and a spacious 500 sq. ft. detached studio with vaulted cathedral ceilings, a private gated entrance, and its own spacious backyard. Rent one unit and live in the other to offset your mortgage, while being located a mile from Montecito's Coast Village Road, Municipal Tennis and Pickle Ball courts,

nico pollero Alemann and Associates

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

Located in downtown Santa Barbara, this beautifully updated 2-bedroom, 2-bath home blends move-in ready comfort, peek mountain views, and desirable R-4 zoning with exciting future potential.Inside, the home was thoughtfully remodeled in 2013 to create a bright, welcoming living space. The remodel included an updated kitchen with new cabinetry, granite countertops, a beveled travertine

Emily Kellenberger Village Properties

An exceptionally rare Mesa offering—two adjacent coastal residences spanning approximately .24 acres and totaling 2,700 square feet with 6 bedrooms and 4 baths—just one block from the beach, presenting a once-in-a-generation opportunity for multi-home living, legacy ownership, or high-performing investment in one of Santa Barbara's most coveted neighborhoods. Located on the prized Santa Barbara

Jason Streatfeild Douglas Elliman of California, Inc.