Rock solid four unit investment property at the base of the Santa Barbara Riviera. Never before on the market, this exceptionally well built and well maintained property was originally constructed by the current owner in the early 1970's. Consisting of two large two unit buildings on a large, approximately 12,000sqft lot, with 7 off-street parking spaces (4 covered spaces, each with storage, as well as 3 uncovered spaces), this trophy property is the epitome of a mid-sized buy-and-hold property here in Santa Barbara. Built from concrete block, roofed with Spanish tile, and floored predominantly in tile, terrazzo and natural stone, the first thing that comes to mind when viewing the property is durability. Classic sandstone walls adorn the northern portion of the lot and give it an old world feel. Once inside, the large, two story units have a decidedly mid-century modern aesthetic. All in a wonderful, in-town location near the Santa Barbara County Bowl. Don't miss this opportunity to be the next long term owner of this legacy investment property.
Multi-familyProperty Type
1972Year Built
0.27 acresLot Size
7 spacesParking
Listed by James Krautmann•DRE #01468842• Village Properties
Bought with Ken Switzer•DRE #01245644• Berkshire Hathaway HomeServices California Properties
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
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Year built
—
Style
Other
County
Santa Barbara County
APN
029316019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
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
Property details
Parking
Parking Information
# of Carport Spaces: 4
Parking Features: Cpt #4, Unc #3
Carport: Yes
Open Parking YN: Yes
Interior
Interior Features
Laundry Features: In Unit, Some
Flooring: Hardwood, Other, Stone, Tile
Exterior
Exterior Features
Foundation Details: Slab
Property Information
Stories: 2
Property Condition: Good
Lot Information
Lot Features: Near Public Transit
Zoning: R-2
Location
Unit 1 Information
# of Units: 1
# of Bedrooms: 3
# of Baths (Total): 1.5
# of Baths (Half): 1
Rent: $2,750
Monthly Total: $2,750
Furnished: N
Unit 2 Information
# of Units: 1
# of Bedrooms: 2
# of Baths (Total): 1.5
# of Baths (Half): 1
Rent: $2,800
Monthly Total: $2,800
Unit 3 Information
# of Units: 1
# of Bedrooms: 2
# of Baths (Full): 1.5
# of Baths (Half): 1
Rent: $1,675
Monthly Total: $1,675
Unit 4 Information
# of Bedrooms: 2
# of Baths (Full): 1.5
# of Baths (Half): 1
Rent: $1,800
Monthly (Total): $1,800
Multi-Unit Information
# Of Units (Total): 4
School Information
Elementary School: Franklin
Middle Or Junior School: S.B. Jr.
High School: S.B. Sr.
Location Information
Cross Street: Canon Perdido
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.27 acres
Style: Other
Year Built: —
Year Renovated: —
County: Santa Barbara County
APN: 029316019
Home facts updated by county records on Aug 17, 2026
Around this home
Schools
Franklin Elementary School
Public K-6 • Assigned • 0.8mi
8/10
Santa Barbara Junior High School
Public 7-8 • Assigned • 0.3mi
3/10
Santa Barbara Senior High School
Public 9-12 • Assigned • 0.3mi
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
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
7/10 Heat Factor
8 days above 84° expected this year, 21 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)
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65
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66
50
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$2.50M – $3.02M
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