Santa Barbara, CA Multifamily Homes & Duplexes for Sale

Exceptional multifamily investment in the heart of Santa Barbara. This grand 4-unit property offers a desirable mix of single-level and two-story townhouse-style units, each with 3 bedrooms, 2 bathrooms, a fireplace, and carport parking. Ideally located near the Santa Barbara Bowl and Milpas Street's vibrant shops and restaurants, plus close to downtown Santa Barbara. The property has high tenant

Kevin Goodwin Goodwin & Thyne Properties

Sunlit compound with panoramic views of the Santa Barbara Mission, harbor, Pacific Ocean, and Channel Islands. Set across three parcels, this exceptional property features two detached, single-level Mid-Century homes, each designed to capture the drama of the south-facing vista through walls of glass and clean architectural lines.949 Cheltenham offers 3BD/2BA (1,708 SF) of light-filled

Robert Heckes Sotheby's International Realty

Charming vintage Santa Barbara triplex with three 1BD/1BA units—featuring a standalone front cottage and an upper/lower duplex in back. Bursting with original character, this property boasts a spacious backyard with over a dozen mature fruit trees and endless garden potential. Two units have their own washer/dryer; the third has hookups in place. All units are separately metered for gas and

Marcos Castro Compass

Situated on over half an acre in the heart of Santa Barbara, 1030/1032 E Mason presents a rare + versatile investment opportunity featuring three distinct structures: a church+ 1bedroom, 1-bath attached apt, a spacious SFR+a 6-unit apt building. 7of the 1 bd units operate as senior housing, offering a peaceful and private set-ting enhanced by lush landscaping and tall, mature palm trees. The

Steve Golis Radius Group Commercial R.E.

Welcome to this beautiful PUD! Nestled in a tranquil neighborhood, this 2 bedroom 2 bathroom single level unit offers the perfect blend of comfort and convenience. Spacious living area with abundant natural light, Plantation Shutters cover most windows. Modern kitchen with stainless steel appliances and adjacent laundry room. Cozy bedrooms with ample closet space. The unit surrounds an interior

Pamela Shalhoob Village Properties

Boasting over 3,700 SF, this ultra charming 4 unit gem features fabulous panoramic ocean and Mesa hill views and is perfectly positioned below the iconic El Encanto Hotel in Santa Barbara's coveted Upper East/Lower Riviera. Where timeless character meets modern updates and an A plus location, this majestic property features refreshed interiors, new paint, lighting, and stylish flooring

Yolanda Van Wingerden Berkshire Hathaway HomeServices California Properties

TWO CHARMING SAN ROQUE COTTAGES WITH STRONG RENTAL HISTORY perfect for dual living are set privately behind fences and hedges on a quiet lane, spacious lot with delightful gardens in the desirable Hope/La Colina elementary and middle school district. Accessed through a tall hedge with sweet wrought iron gate, the spacious, single story, remodeled front house is 1264 sq. ft. with three bedrooms

Christine Oliver Sotheby's International Realty

Seller Motivated | Now Priced to Sell | ADU Plans Approved | Financing Avail! Set above Santa Barbara with cinematic views and minutes to downtown SB, this 3BD/2.5BA Mediterranean Modern offers 2,600± sqft of upgraded living space with panoramic views of the mountains, ocean, harbor, and islands. Features include triple-pane windows, wraparound decks, Wolf kitchen, spa-like primary suite, solar

Robert Heckes Sotheby's International Realty

Charming fourplex just half a block from State Street and moments from Santa Barbara's Arts & Theatre district, Alice Keck Gardens, Alameda Park, and the bounty of shops and other services downtown has to offer. This two-story rental property features four 1BD/1BA units, each with their own deck. Additional features include two one-car garages, separate laundry room, and mature landscaping with

Christos Celmayster Hayes Commercial Group

First Time on the Market! Seller will not look at offers prior to July 30th. Nestled in the heart of Santa Barbara's desirable Oak Park neighborhood, 19 W. Padre Street presents a rare opportunity to own a well-maintained, character-rich multi-family property. This 7-unit complex comprises three distinct buildings, offering a mix of five 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom

Steve Golis Radius Commercial RE

First Time on the Market! Seller will not look at offers prior to July 30th. Nestled in the heart of Santa Barbara's desirable Oak Park neighborhood, 19 W. Padre Street presents a rare opportunity to own a well-maintained, character-rich multi-family property. This 7-unit complex comprises three distinct buildings, offering a mix of five 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom

Steve Golis Radius Group Commercial R.E.

Single story duplex that has been well maintained on a rare industrial zoned parcel. A national landscape company has over 4 years remaining on the industrial yard lease on the rear of the property. Current 2 bedroom one bath units are well below market at $1,800 and a 5.7% cap rate at the offering. Stable investment in Santa Barbara with solid returns.Contact Listing Agents for details.

Brad Frohling Radius Group Commercial R.E.

Built in 1979, this two-story duplex consistsof two 900+ SF 2BD/1BA flats (one up, onedown) and an attached two-car garage. Eachunit has its own in-unit laundry and is separatelymetered for gas and electricity. Unit A isthe ground unit and enjoys a large backyardwith lush landscaping and new ground cover.Unit B is the top unit and enjoys a large deckoff the kitchen

Christos Celmayster Hayes Commercial Group

Ultra-rare waterfront-area 8-unit multi-family offering just a few steps to Santa Barbara's best beach East Beach, has been recently re-positioned for higher investor returns. Featuring all 2-BR units, the property has been transformed mainly to licensed shorter-term rentals in one of the premier vacation spots in the world. 5 of 8 units are under owner use control, and have been mostly updated

Ken Switzer Berkshire Hathaway HomeServices California Properties

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

Beautifully remodeled duplex with large (884 sq ft) garage/workshop in a fantastic Samarkand location - close to Oak Park, Cottage Hospital, and State St. Unit mix is one 2bed/1bath & one 1bed/1bath. Each unit has it's own private yard. Enjoy vaulted ceilings, remodeled kitchen and bathrooms, all new plumbing, new HVAC w/ AC, new electrical, new dual pane windows, and so much more. Perfect option

Easton Konn Alemann and Associates

Great opportunity for investors! This is a multi-family 6 units. The units are in need of some upgrades and remodeling, Price reflects the condition of the building, the roof was done in 2013, each unit/tenants pays their own utilities, except, seller pays for water and trash. The Property is located approximately 1 mile from the Historical Santa Barbara Mission. This 2-story multi-family

Maria Correa Elevate Real Estate Agency

Rare Santa Barbara horse property next to Hope Ranch with 2nd unit. Enjoy the country life just 1 mile from major Santa Barbara shopping & restaurants. This compound features a corral, pool, 2 bedroom apartment, and usable, gated .47 acres on a private lane with Vieja Valley elementary 3/4 mile away. The main level has 3 bedrooms, 2 remodeled baths, remodeled kitchen with Carrara marble counters

Ed Fuller San Roque Realty Inc

Quality & Prime Location Santa Barbara Duplex with views! Both Units are beautifully renovated, single level, 2 beds/1 1/2 baths & approx. 980 sqft each. Filled with natural light on an elevated & sunny exposure, with city views & ocean peeks. Each unit boasts open living space, dining nook, remodeled kitchen & sparkling bathrooms. Large balconies offer outdoor relaxing & entertaining space.

Jackie Walters Village Properties

Triplex!! Excellent value add opportunity in prime downtown location. Walking distance to the vibrant De La Vina corridor and Cottage Hospital. Nice unit mix (2-2 bedroom 1 bath and 1-1 bedroom 1 bath all with fireplaces). Detached 3 car garage. All units are vacant making it easy to navigate improvements and do as you wish to make this property your own.

Ben Rivera Home Realty & Investments

Located in Santa Barbara's prime Medical Corridor and near Cottage Hospital, this multifamily property offers a rare value-add opportunity in a high-demand, low-supply submarket. With the two larger units delivered vacant at close of escrow, investors can capitalize on immediate leasing upside at current market rates. The flexible unit mix—ranging from studios to a spacious 3BD/3BA—broadens

Nolan Tooley Hayes Commercial Group

Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1

Robert Sandefer The Agency

New 2023 remodeled multifamily asset located on the corner of W. Padre and De La Vina Streets. This multifamily investment property consists of eight (8) 1BD/1BA apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing & electrical upgrades, and landscaping. This garden-style apartment complex also

Mike Lopus Colliers International Greater Los Angeles, Inc.

Newly constructed, boutique, short-term rental property in central downtown Santa Barbara location. Villa Castillo is a five-suite boutique short-term vacation rental property in downtown Santa Barbara, a half-mile to State Street and moments from the famed Funk Zone and white sand beaches. One of only a few fully permitted short term rental properties allowed in the downtown area, Villa Castillo

Christos Celmayster Hayes Commercial Group

Farmhouse-style income property with privacy that generates $8,625/mo! Comprised of two 1 bedroom units and an additional studio space, this sweet property is as charming as it is versatile! Situated in a lovely creekside setting, each unit has wonderful privacy including their own: outdoor yard space, decks/patios, off-street parking, laundry in-unit, and separate entrances. Upgrades include

Ali Evans Berkshire Hathaway HomeServices California Properties

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

Come experience Santa Barbara in its first ever hotel condominium development at Casa Jardin. Located in downtown Santa Barbara, just blocks away from shopping, restaurants, wine bars, parks, and music venues, Casa Jardin is a 13-unit condominium development that allows an owner the opportunity to experience Santa Barbara living at a price considerably less than owning a residential property.

Christos Celmayster Hayes Commercial Group

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

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

Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of

Liam Murphy Hayes Commercial Group