Santa Barbara, CA Multifamily Homes & Duplexes for Sale

Charming duplex offering character, flexibility & indoor-outdoor living in the desirable Bungalow District. This 2-story property features two 2-bed | 1-bath units, with the upper unit positioned at street level and the lower unit opening to its own patios below along the natural slope of the lot. The upper unit is filled with natural light and showcases mountain views, a sunroom, wood floors,

Jonathan Gilkeson eXp Realty of California, Inc.

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

Set on an oversized 10,890 square foot lot in Santa Barbara's desirable Westside neighborhood, 1218 Chino Street presents a rare opportunity to own a versatile, income-producing property in one of the city's most centrally located neighborhoods. This well-positioned triplex features three spacious units--each offering 2 or 3 bedrooms, generous living areas, and well-sized kitchens designed for

Neyshia Go Sotheby's International Realty

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

Tucked along a quiet street just moments from downtown Santa Barbara, this charming four-unit property blends classic character with strong income fundamentals.The approximately 2,012 SF building consists of four spacious one-bedroom, one-bath residences, each just over 500 SF. All units are currently leased offering immediate cash flow in a highly sought-after rental location.Recent

Susan Jordano Village Properties

16 bedrooms one block to SBCC and close to the beach. These 4 bedroom, 1.5 bath units were completely remodeled in 2013. New driveway was installed less than a year ago. All units have in unit washers and dryers.

Michael Manasse Keller Williams Realty Santa Barbara

Charming Mixed Use Building in the downtown core of State St. that represents a truly unique live/work opportunity!Beautiful 2nd story residential unit with fabulous mountain views from the large retractable windows allowing for amazing natural light and fresh air! Other features include in suite laundry and one parking space.1st floor is a wonderfully remodeled 1500 SF +/- commercial

Mitch Stark Berkshire Hathaway HomeServices California Properties

Classic Santa Barbara two-story Craftsman-style triplex offers a prime multi-unit opportunity in a highly sought-after downtown location. The property features a versatile configuration including a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, and a 1-bedroom/1-bathroom unit. Historic architectural details like bay windows and covered porches add timeless character, while the rare

The Santa Barbara Berkshire Hathaway HomeServices California Properties

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

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. Behind the main

Martin Mielko Diamond 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

This is a rare opportunity to acquire four (4) individually addressed townhomes in downtown Santa Barbara, California-- their first time to market since construction in 1985. Each residence is separately metered and sits on its own APN, supporting flexible ownership, operational efficiency, and full control over future disposition. See ''more'' The homes feature a highly desirable 2BD/2.5BA

Nolan Tooley Hayes Commercial Group

Casey Turpin Village Properties

West Side Duplex. Great Location. Front Unit 2 bedroom/2 bathroom. Vaulted Ceiling. 2 Car Garage, Laundry Hkup. And Back unit 2br/1bth. 1 Car Garage. Laundry Hkup. Opportunity to invest in multi-family. Quick to Town, Freeway, Mesa Beaches.Total Rents- 7,050/mo.

Daniel Beightol Sun Coast Real Estate

This is a rare opportunity to acquire four (4) individually addressed townhomes in downtown Santa Barbara, California-- their first time to market since construction in 1985. Each residence is separately metered and sits on its own APN, supporting flexible ownership, operational efficiency, and full control over future disposition. see ''more The homes feature a highly desirable 2BD/2.5BA layout

Nolan Tooley Hayes Commercial Group

A classic California Craftsman Cottage complemented with twin townhomes completes this recently renovated downtown triplex. Each of the three units has two bedrooms and a bath, plus a private fenced yard, and a dedicated parking space. The two townhomes are offered vacant and were both previously rented at $4000/ month while the front cottage is occupied at $4500/ month. Upgrades since 2024

Dan Encell Berkshire Hathaway HomeServices California Properties

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

DEVELOPMENT OPPORTUNITY! $88/SF Land - Possible Portfolio Listing with 5392-5396 Hollister. Oversized Lot w/SFR + 2 Units. 5400 HOLLISTER AVENUE presents a rare opportunity to acquire a strong income producing asset, positioned on a ±20,473 SF lot with development potential. The main house currently operates as student housing and is leased by the bed, featuring an updated kitchen with stainless

Steve Golis Radius Group Commercial R.E.

Flexible, updated, and full of possibility, this nearly 3,400 sq ft home, located in the desirable Peabody School District, offers 4 bedrooms, 4 bathrooms, PLUS a permitted JADU (studio + bath)--ideal for income, guests, or multi-generational living. Natural light fills the interiors, highlighting the easy indoor/outdoor flow from the kitchen and living spaces. The recently renovated kitchen

Crawford Speier Group Village Properties - 1

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

Recognized as one of Santa Barbara's most iconic and cherished apartment properties, La Casa Rosalia is for sale for the 1st time in nearly 40 years. In a premium West Beach location 1.5 blocks to the waterfront and 1 block to State Street, the property is a crowning example of local Spanish Colonial architecture at its peak era, designed in 1930 by E. Keith Lockard. Today the 17 total units in 3

Ken Switzer Berkshire Hathaway HomeServices California Properties

This unique opportunity is located in the De La Vina corridor with easy access to restaurants, theaters and the MTD bus line. A freestanding storefront with an open floor plan and large display windows fronts on the sidewalk. Behind is a charming freestanding cottage with a sunny yard behind a privacy hedge. The property works well for a small office or retail establishment with employee housing

Edward Edick Village 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

Centrally located near downtown Santa Barbara and the Funk Zone this duplex in original conditions is ready for your transformation. The front house is a 4 bedroom 1 bathroom with high ceilings and original molding details from the 1920s. There is a separate back unit featuring 1 bedroom and 1 bathroom. The property features mature avocado and orange trees plus a detached storage unit.

The Santa Barbara Berkshire Hathaway HomeServices California Properties

Nestled in a highly desirable Santa Barbara neighborhood, 4814 Payton Street offers a rare real estate opportunity priced at $2,490,000. This expansive 3,110-square-foot residence sits on a generous 0.29-acre lot, perfectly blending functional design with coastal California living. The standout feature of this property is its amazingly versatile floor plan, configuration for multi-generational

Reyne Stapelmann Berkshire Hathaway HomeServices California Properties

This ultra-rare waterfront-area 8-unit multi-family offering is just a few steps to Santa Barbara's best beach East Beach, and has been recently re-positioned for higher investor return potential. The property now has an investor-friendly 6 of 8 units under landlord control, almost impossible to find today. Theapartments are all large 2-bed/1-bath, and at ~860sf each, big enough to support a

Ken Switzer Berkshire Hathaway HomeServices California Properties

Neighboring Property Available - 333 E Carrillo! Exceptional opportunity to acquire a well-maintained 8-unit multifamily property located in the heart of Downtown Santa Barbara. The property features an attractive unit mix of (8) 1 BD/1BA units, several of which have been recently updated to enhance livability and appeal. One unit will be delivered vacant at COE. Upstairs units feature vaulted

Steve Golis Radius Group Commercial R.E.

Located in Santa Barbara's desirable Samarkand neighborhood, this charming multi-unit property offers an excellent income-producing opportunity in one of the city's most convenient residential areas. Just minutes from Downtown, Upper State Street, Cottage Hospital, and the Santa Barbara Golf Club, the property blends neighborhood charm with easy access to shopping, dining, and entertainment. The

Christos Celmayster Hayes Commercial Group

Rare legal triplex opportunity in the heart of downtown Santa Barbara offering character, flexibility, and income potential. The property consists of a two bedroom with two bath home with an attached apartment & a detached cottage residence. Ideal for multigenerational living, owner-users, investors, tenants, guests, or extended family. 1428A is a classic 2-bedroom, 2-bath Santa Barbara

Carolyn Wood-Friedman Compass

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.

Pistachio House presents a rare mixed-use opportunity at the heart of downtown Santa Barbara, positioned at the gateway to the Funk Zone. The property includes a privately accessed 3 bedroom, 3 bathroom residence with approximately 1,700 square feet of living space, located behind a commercial building fronting State Street. The residence was designed by renowned Santa Barbara architect Jeff

Brooke Ebner BHHS California Properties

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

Neighboring Property Available - 1011 Laguna! 10-unit multifamily asset ideally situated in the heart of Downtown Santa Barbara, offering an exceptional blend of location, condition, and upside potential. The property features a desirable unit mix of (8) one-bedroom/one-bath and (2) two-bedroom/one-bath apartments. The build-ing has been well-maintained property with beautifully landscaped

Steve Golis Radius Group Commercial R.E.