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 turnkey four-unit investment opportunity featuring two newly constructed residences that have never been occupied and two extensively renovated one-bedroom units. Three of the four units will be delivered vacant, allowing immediate lease-up at market rents or the flexibility for an owner-user to occupy one unit while generating income from the others. Located just minutes from East Beach,

Oliver Fries Paloma Realty Partners Inc.

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

Welcome to ''Villa Bellatorre,'' a beautifully remodeled Montecito estate where old-world romance, modern luxury, and effortless indoor-outdoor living come together in a private canyon setting. Through private gates, across a custom bridge, and up a secluded drive, this rare Montecito sanctuary feels transported from the European countryside. Set on approximately 1.06 lush acres in one of the

Jason Streatfeild Douglas Elliman of California, Inc.

Welcome to this charming 2-bedroom, 2-bath end-unit home offering 1,396 square feet of comfortable living space in a highly desirable neighborhood & community of Village Green Gardens. Featuring newer appliances, windows, attractive wood-like flooring, and a charming kitchen with additional area that can be used as a sunroom, pantry or extra storage and indoor laundry space, this home offers both

Jennifer Friedman RE/MAX ONE

At the edge of the Pacific on one of California's most remarkable stretches of shoreline, this private 5-acre ranch property offers a rare opportunity to experience the Central Coast w/in the surrounding acreage of Rancho Dos Pueblos, one of California's most significant coastal properties. Known as the Ranch House, the 3bd, 3ba residence + flex room enjoys sweeping ocean views, open pasture, &

The Kogevinas Group Sotheby's International Realty

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

An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed

Christos Celmayster Hayes Commercial Group

Ideally positioned between the Upper East and Lower Riviera, this beautifully reimagined duplex offers a rare opportunity to own a turnkey property in one of Santa Barbara's most sought-after neighborhoods. Thoughtfully updated with contemporary finishes and a fresh, cohesive design aesthetic, the property blends modern comfort with timeless appeal, all just moments from the Mission, downtown,

Casey Turpin Village 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

Two fully detached, private residences, ideal for long term investment, multi generational living, or living in one while generating meaningful rental income from the other. Move-in ready, New roof. Each home offers 3-bedrooms and 2-baths along with its own fenced outdoor space, patio, laundry, spacious two car garage, and generous off-street parking, creating a setting that feels more like

Patrice Serrani Compass

Nestled in Montecito's prestigious Pepper Hill neighborhood, this renovated estate blends timeless style with modern comfort. Set on approximately 0.85 acres, the 3,838 sq ft home offers 4 bedrooms, 3.5 baths, and two detached casitas ideal for guests, a home office, or flexible living. Bright, open interiors feature quality finishes, a gourmet kitchen, and seamless indoor-outdoor flow to

Alessandra Elster eXp Realty of Southern California, Inc.

Rare West Beach investment opportunity just blocks from the ocean! Nestled in one of Santa Barbara's most coveted locations, this premier four-unit property places residents steps from the shoreline, Stearns Wharf, the Funk Zone, and the vibrant energy of lower State Street--the absolute heart of Santa Barbara coastal living. Featuring four charming units, the property enjoys enduring rental

Nate Briner Savant Estates

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 3bd/2ba end unit (NO STAIRS) with 3 walls of windows that combines lots of natural light and privacy. 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

Patrice Serrani Compass

Enjoy effortless Santa Barbara living in this beautifully updated 2-bedroom, 2-bath end unit located in the desirable Villa Anacapa of the Upper East. Situated on the second floor, this light-filled home features wood floors, fresh interior paint, air conditioning, and an open living and dining area that flows out to a private balcony. The kitchen is equipped with new appliances, while both

Katie Spieler Berkshire Hathaway HomeServices California Properties

Ideally situated in Santa Barbara's coveted West Beach neighborhood, this rare free-standing townhome in an intimate five-unit development combines the privacy of no shared walls with the convenience of one of the city's most central locations. Just three blocks to the beach and four blocks to the Funk Zone, this beautifully renovated 2BD/2.5BA home is perfectly positioned to enjoy the Santa

Ali Evans Berkshire Hathaway HomeServices California 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

208 S. Voluntario St. is a quintessential California cottage offering a prime investment opportunity on Santa Barbara's desirable Eastside, just moments from the beach, Downtown, and the vibrant Funk Zone. The property features three units with an ideal unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio, well suited for both investors and owner-users. Completely remodeled throughout, the units

Steve Golis Radius Group Commercial R.E.