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    Santa Barbara, CA Apartment Buildings for Sale

    14 results
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    Santa Barbara Multifamily Development Opportunity
    Pending
    $3,200,000
    0.30 Acres

    Santa Barbara Multifamily Development Opportunity

    215 E Victoria St, Santa Barbara, CA 93101

    Triplex with permits for 5 additional units in downtown Santa Barbara.

    • Approved, permitted, and shovel‑ready for 5 additional rental units.
    • Existing triplex provides immediate income.
    • Prime Downtown Santa Barbara location in the Golden Quadrangle.
    • Walking distance to Restaurant Row, Arlington & Granada theaters, Courthouse, and other key amenities.
    • Includes permits and working plans.
    Updated: Jan 14
    View details
    Iconic Santa Barbara Apartment Property
    $10,500,000

    Iconic Santa Barbara Apartment Property

    111 Chapala St, Santa Barbara, CA 93101

    Iconic apartment property in premium West Beach location.

    • Premium West Beach location: Just 1.5 blocks to the waterfront and 1 block to State Street.
    • Iconic Santa Barbara apartment property, for sale for the first time in nearly 40 years.
    • Designed in 1930 by E. Keith Lockard, a crowning example of Spanish Colonial architecture.
    • 17 total units in 3 buildings, offering long‑term upside potential.
    • Possible Mills Act tax benefits and R‑4/Coastal zoning.
    View details
    Victorian Showpiece in Historic District
    $2,395,000

    Victorian Showpiece in Historic District

    Rare vacant Victorian with income potential near State Street.

    532 Brinkerhoff Ave, Santa Barbara, CA 93101
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    Two-Story Medical Office Building
    $3,495,000

    Two-Story Medical Office Building

    Two-story medical office with apartments near Cottage Hospital.

    517 W Junipero St, Santa Barbara, CA 93105
    View details
    Santa Barbara Multifamily Property
    $2,295,000

    Santa Barbara Multifamily Property

    Two spacious units with city-to-sea views in Santa Barbara.

    1750 Prospect Ave, Santa Barbara, CA 93103
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    Remodeled Santa Barbara Income Property
    $3,395,000

    Remodeled Santa Barbara Income Property

    Three-unit residential property with ocean and city views.

    1418 Alta Vista Rd, Santa Barbara, CA 93103
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    Three Homes in Lower Riviera
    $3,340,000

    Three Homes in Lower Riviera

    Three freestanding homes near Downtown Santa Barbara and beaches.

    1107 E Cota St, Santa Barbara, CA 93103
    View details
    Multifamily Property in Oak Park
    $12,495,000

    Multifamily Property in Oak Park

    40-unit multifamily property in Santa Barbara's desirable Oak Park neighborhood.

    1825 Chapala St, Santa Barbara, CA 93101
    View details
    Goleta Multifamily Investment Opportunity
    $2,995,000

    Goleta Multifamily Investment Opportunity

    Six-unit multifamily property in Goleta with strong rental demand.

    5859 Mandarin Dr, Santa Barbara, CA 93117
    View details
    Santa Barbara Multifamily Investment Property
    $3,795,000

    Santa Barbara Multifamily Investment Property

    Multifamily property in downtown Santa Barbara with new and renovated units.

    618 E Olive St, Santa Barbara, CA 93101
    View details
    Downtown Santa Barbara Multifamily Asset
    $3,950,000

    Downtown Santa Barbara Multifamily Asset

    10-unit multifamily property in Downtown Santa Barbara with upside potential.

    333 E Carrillo St, Santa Barbara, CA 93101
    View details
    Santa Barbara Multifamily Investment Opportunity
    $3,588,888

    Santa Barbara Multifamily Investment Opportunity

    Updated 8-unit apartment complex in Santa Barbara.

    316 W Valerio St, Santa Barbara, CA 93101
    View details
    Historic Building in Prime Location
    $7,500,000

    Historic Building in Prime Location

    Classic building suitable for apartments or condominiums in Santa Barbara.

    1600 Santa Barbara St, Santa Barbara, CA 93101
    View details
    Downtown Santa Barbara Multifamily Property
    $2,950,000

    Downtown Santa Barbara Multifamily Property

    Well-maintained 8-unit property in Downtown Santa Barbara.

    1011 Laguna St, Santa Barbara, CA 93101
    View details
    Based on your search, we've compiled 897 Potential Opportunities for your consideration. Besides 14 Active listings in Santa Barbara, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 879 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Goleta Multifamily Property with Upside
    $2,995,000

    Goleta Multifamily Property with Upside

    Six-unit multifamily property in Goleta with month-to-month leases.

    5859 Mandarin Dr, Goleta, CA 93117
    View details
    Goleta Multifamily Investment Opportunity
    $5,550,000

    Goleta Multifamily Investment Opportunity

    19-unit apartment community in Old Town Goleta with upside potential.

    23 Magnolia Ave, Goleta, CA 93117
    View details
    Beach House Investment Opportunity
    $1,100,000
    748 SF

    Beach House Investment Opportunity

    Ground-floor, remodeled 2-bedroom unit near 'World's Safest Beach'. Turnkey!

    4980 Sandyland Rd, Carpinteria, CA 93013
    View details
    Ocean View Carpinteria Shores Unit
    $1,795,000
    683 SF

    Ocean View Carpinteria Shores Unit

    Gorgeous 2 bedroom unit steps from the beach with ocean views.

    4975 Sandyland Rd, Carpinteria, CA 93013
    View details

    Explore Off-Market Properties in Santa Barbara, CA

    Consider similar Off-Market properties in Santa Barbara, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    640 Ortega St

    640 Ortega St

    Multifamily properties • 3,484 SF
    Value Estimation by Request
    640 Ortega St, Santa Barbara, CA 93101
    View details
    918 Ortega St

    918 Ortega St

    Multifamily properties • 2,549 SF
    Value Estimation by Request
    918 Ortega St, Santa Barbara, CA 93103
    View details
    2401 Bath St

    2401 Bath St

    APARTMENT HOUSE (5+ UNITS) • 0.62 Acres
    Value Estimation
    $675,000
    2401 Bath St, Santa Barbara, CA 93105-4324
    View details
    822 Canon Perdido St

    822 Canon Perdido St

    APARTMENT HOUSE (5+ UNITS) • 0.44 Acres
    Value Estimation
    $270,000
    822 Canon Perdido St, Santa Barbara, CA 93103-3058
    View details
    130 Alisos St

    130 Alisos St

    APARTMENT HOUSE (5+ UNITS) • 0.38 Acres
    Value Estimation
    $490,000
    130 Alisos St, Santa Barbara, CA 93103-3448
    View details
    2529 Modoc Rd

    2529 Modoc Rd

    APARTMENT HOUSE (5+ UNITS) • 1.00 Acre
    Value Estimation
    $555,000
    2529 Modoc Rd, Santa Barbara, CA 93105
    View details
    2751 Miradero Dr

    2751 Miradero Dr

    APARTMENT HOUSE (5+ UNITS) • 1.06 Acres
    Value Estimation by Request
    2751 Miradero Dr, Santa Barbara, CA 93105-3058
    View details
    1407 De La Vina St

    1407 De La Vina St

    APARTMENT HOUSE (5+ UNITS) • 0.31 Acres
    Value Estimation
    $305,000
    1407 De La Vina St, Santa Barbara, CA 93101-3026
    View details
    1023 Olive St

    1023 Olive St

    APARTMENT HOUSE (5+ UNITS) • 1.00 Acre
    Value Estimation
    $415,000
    1023 Olive St, Santa Barbara, CA 93101
    View details
    1812 San Pascual St Sta, Unit A

    1812 San Pascual St Sta, Unit A

    APARTMENT HOUSE (5+ UNITS) • 0.26 Acres
    Value Estimation
    $955,000
    1812 San Pascual St Sta, Santa Barbara, CA 93101-4021
    View details

    Santa Barbara, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 893 apartment buildings for sale in Santa Barbara, CA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 6,140,667 square feet of properties for sale, with an estimated market value of $610,055,000.

    Prices for two-family homes in Santa Barbara, CA start at $95,000, averaging $1,521,334, and reaching up to $28,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Apartment buildings for Sale Near Santa Barbara, CA

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    Most Searched ZIP Codes in Santa Barbara, CA

    • 93101
    • 93103
    • 93105
    • 93109
    • 93117
    • 93110
    • 93111

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