Outstanding investment opportunity in a prime Santa Barbara location. Extensively remodeled, this 3-unit residential income property with sweeping ocean and city views is just minutes from the Santa Barbara Bowl, downtown, shops, restaurants, and entertainment, offering strong tenant appeal in one of the city's most sought-after rental corridors. Features an attractive unit mix that includes a studio, a 3BD/2BA, and 4BD/2BA with modern finishes, thoughtful design, and quality upgrades. Larger residences each have expansive patios perfect for entertaining with incredible panoramic views, huge 2-car garages, ample additional storage space and laundry. This unique offering represents a rare chance to own a fully modernized income property in Santa Barbara's supply-constrained rental market.
Multi-familyProperty Type
1955Year Built
5,663 sq ftLot Size
$872Est. Price/Sq.Ft.
4 garage spacesParking
Listed by Kevin Goodwin• Goodwin & Thyne Properties
Bought with John Thyne•DRE #01356582• Goodwin & Thyne Properties
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Santa Barbara County
APN
029-100-001
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 25, 2025.
R-2
Two-Unit Residential District
This zone is intended to provide areas for medium-density residential where the principal use of land is for two-unit residences. Single-unit residence and garden apartment developments are also allowed. The regulations for this zone are intended to limit activities which would be inharmonious with or injurious to the preservation and character of a residential environment. Nonresidential uses are limited to those that support daily life of neighborhoods, complement surrounding residential development, and mitigate impacts to traffic, parking demand, light, glare, and noise.
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Aug 4, 2025 • Final
Residential
Convert a portion of an existing duplex into a studio accessory dwelling unit. Remove an unpermitted wall, washer, and dryer.
ADU
Remodel
Sep 15, 2022 • Final
Residential
Replace an existing bathtub with a walk-in tub. Install a new electrical circuit for the tub outlet and perform drywall patching.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Garage Spaces: 4
Parking Features: On Street, Inside Entrance, Attached
Attached Garage: Yes
Interior
Virtual Tour Information
Interior Features
Laundry Features: In Unit, Some
Unit 1 Information
# of Units: 1
# of Bedrooms: 4
# of Baths (Total): 2
Furnished: N
Unit 2 Information
# of Units: 1
# of Bedrooms: 3
# of Baths (Total): 2
Furnished: N
Unit 3 Information
# of Units: 1
# of Baths (Full): 1
Furnished: N
Multi-Unit Information
# Of Units (Total): 3
Exterior
Property Information
Stories: 3
Property Condition: Excellent
Lot Information
Lot Features: Near Public Transit
Zoning: R-2
Location
School Information
Elementary School: Roosevelt
Middle Or Junior School: S.B. Jr.
High School: S.B. Sr.
Location Information
Cross Street: Micheltorena
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Santa Barbara County
APN: 029-100-001
Home facts updated by county records on Oct 25, 2025
Around this home
Schools
Roosevelt Elementary School
Public K-6 • Assigned • 0.6mi
7/10
Santa Barbara Junior High School
Public 7-8 • Assigned • 0.7mi
3/10
Santa Barbara Senior High School
Public 9-12 • Assigned • 0.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
8 days above 84° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Santa Barbara, CA • 93103
Average low and high temperatures (°F)
66
49
67
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67
52
67
50
68
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56
73
59
74
60
74
62
72
56
65
51
66
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.7 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.16M – $3.83M
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