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, this exceptional investment opportunity consists of six freestanding homes across two adjacent parcels at 1107 and 1111 E Cota Street, located just minutes from DowntownSanta Barbara, the Santa Barbara County Bowl, the Funk Zone, a wide variety of shopping, and Santa Barbara's white sand beaches. The offering includes six 3BD/2BA

Francois DeJohn Hayes Commercial Group

Perfectly positioned in Montecito's sought-after Lower Village, 1315 Virginia Road places you just moments from the best of coastal living. Just a 5-minute walk to the iconic Coral Casino and Butterfly Beach, the property also sits within easy reach of the renowned restaurants and shops on Coast Village Road. Set on a single lot, the property features two beautifully maintained, single-level

Tony Miller Compass

Tucked beneath a canopy of mature trees, a newly rebuilt 2-bedroom, 1-bath Montecito pied-à-terre offers an earthy yet refined feel. The great room is anchored by soft-toned Calcutta Viola stone counters & high-end appliances, complemented by arched doorways, waxed plaster walls, stone fireplace, pitched beam ceilings, & bi-folding doors. A finished one-car garage & separate office provide

Marsha Kotlyar Estate Group Berkshire Hathaway HomeServices California Properties

Unique investment opportunity in one of California's strongest real estate markets! Beautifully preserved Craftsman-style home featuring 3 bedrooms & 2 baths, rich with timeless character and thoughtful updates. The main residence showcases 9-foot ceilings, original wood floors, new recessed lighting, and an elegant formal dining room with coffered ceilings and classic built-ins. A fireplace,

Martin Mielko Diamond Properties

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

Rare opportunity in Santa Barbara's Westside. This 1915-built 4BD/2BA home sits on a sizable ~6,534 sq ft lot and offers exceptional potential for investors, builders, or owner-users looking to create value.The home features multiple living spaces, a flexible floor plan, and abundant potential for customization, expansion, or investment. The spacious lot presents opportunities for outdoor

Mike Cowans Century 21 Masters

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

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

Rare offering of this timeless Colonial-style duplex in a prime location--just one property off State Street. With over 3,000 square feet of living space, the property presents a wealth of possibilities: live in one unit and rent the other, create an ideal setup for multigenerational living, or rent both units for strong income potential. The expansive 3-car garage offers additional

Stephanie Young 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