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Lower East Multifamily Homes & Duplexes for Sale

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  • /13

    $3,795,000

    618 Olive St, Santa Barbara, CA 93101

    Located in the heart of downtown Santa Barbara, this multifamily investment property presents a rare opportunity, featuring a mix of newly constructed and renovated buildings. Three of the six units were built from the ground up between 2023 and 2024, while the remaining three have been extensively improved, all with market rents in place. Offered at a current 5.47% cap rate and a GRM of 12.71,

    Jon Standring Beachside Partners

    618 Olive St, Santa Barbara, CA 93101
  • /14

    $3,395,000

    • 4,309 Sq Ft

    706 E Haley St, Santa Barbara, CA 93103

    706 E Haley St is an extensively rebuilt/remodeled, 3-building, mixed property consisting of 3 commercial suites, 5 apartments & 3 1-car garage. The main building & garages were rebuilt in 2016, plus a freestanding comm. building was completed in 2023, creating a top-quality property in like-new condition. This premier property can be delivered 100% occupied with the Seller leasingback their

    Christos Celmayster Hayes Commercial Group

    706 E Haley St, Santa Barbara, CA 93103

Why Live in Lower East

Home Trends in Lower East, CA

Housing Trends

Median Sale Price
$1,000,000
Median Single Family Sale Price
$1,250,000
Average Price Per Sq Ft
$931
Number of Homes for Sale
1
Last 12 months Home Sales
3
Months of Supply
4.00
Median List Price
$1,441,199
Median Change From 1st List Price
22%
Median Home Sale Price YoY Change
-4%
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