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    Santa Barbara, CA Apartment Buildings for Sale

    13 results
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    Santa Barbara Multifamily Investment Property
    $3,795,000

    Santa Barbara Multifamily Investment Property

    618 E Olive St, Santa Barbara, CA 93101

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

    • Prime downtown Santa Barbara location with exceptional walkability (Walk Score 94) and bikeability (Bike Score 99).
    • Mix of newly constructed (2023‑2024) and extensively renovated units, ensuring modern appeal and reduced maintenance.
    • Strong income potential with current total monthly income of $25,650.
    • Attractive investment opportunity with a 5.47% cap rate and a GRM of 12.71.
    • All units have market rents in place, providing immediate cash flow.
    View details
    Victorian Showpiece in Historic District
    $2,395,000

    Victorian Showpiece in Historic District

    532 Brinkerhoff Ave, Santa Barbara, CA 93101

    Rare vacant Victorian with income potential near State Street.

    • Rare opportunity to own a meticulously maintained 1887 Peter J. Barber Victorian showpiece in Santa Barbara's protected Historic District.
    • Three units provide income potential, suitable for owner‑occupancy or full investment.
    • Recent $100,000 in improvements blend original Eastlake elegance with modern comfort.
    • Prime location steps from State Street.
    • Property has been cherished and maintained by one family for nearly 70 years.
    View details
    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
    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
    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
    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
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    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
    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
    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
    Iconic Santa Barbara Apartment Property
    $10,500,000

    Iconic Santa Barbara Apartment Property

    Iconic apartment property in premium West Beach location.

    111 Chapala St, Santa Barbara, CA 93101
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    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
    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
    Based on your search, we've compiled 896 Potential Opportunities for your consideration. Besides 13 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
    Contact for pricing
    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
    Contact for pricing
    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.

    201 Bath St

    201 Bath St

    APARTMENT HOUSE (5+ UNITS) • 0.35 Acres
    Value Estimation by Request
    201 Bath St, Santa Barbara, CA 93101-3865
    View details
    1319 Bath St

    1319 Bath St

    APARTMENT HOUSE (5+ UNITS) • 0.39 Acres
    Value Estimation by Request
    1319 Bath St, Santa Barbara, CA 93101-3661
    View details
    610 Carrillo St

    610 Carrillo St

    APARTMENT HOUSE (5+ UNITS) • 0.82 Acres
    Value Estimation by Request
    610 Carrillo St, Santa Barbara, CA 93101-4381
    View details
    228 Castillo St

    228 Castillo St

    APARTMENT HOUSE (5+ UNITS) • 0.32 Acres
    Value Estimation by Request
    228 Castillo St, Santa Barbara, CA 93101
    View details
    1818 Castillo St

    1818 Castillo St

    APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
    Value Estimation by Request
    1818 Castillo St, Santa Barbara, CA 93101-5899
    View details
    1040 Clf Dr, Unit 19

    1040 Clf Dr, Unit 19

    APARTMENT HOUSE (5+ UNITS) • 1.70 Acres
    Value Estimation by Request
    1040 Clf Dr, Santa Barbara, CA 93109-1786
    View details
    1185 Anderson Ln

    1185 Anderson Ln

    APARTMENT HOUSE (5+ UNITS) • 0.74 Acres
    Value Estimation by Request
    1185 Anderson Ln, Santa Barbara, CA 93111-2937
    View details
    302 De Paul Dr, Unit 211-A

    302 De Paul Dr, Unit 211-A

    APARTMENT HOUSE (5+ UNITS) • 0.06 Acres
    Value Estimation by Request
    302 De Paul Dr, Santa Barbara, CA 93110-1584
    View details
    4230 Pozzo Cir212-a

    4230 Pozzo Cir212-a

    APARTMENT HOUSE (5+ UNITS) • 0.07 Acres
    Value Estimation by Request
    4230 Pozzo Cir212-a, Santa Barbara, CA 93110-4088
    View details
    1130 Punta Gorda St

    1130 Punta Gorda St

    APARTMENT HOUSE (5+ UNITS) • 1.39 Acres
    Value Estimation
    $740,000
    1130 Punta Gorda St, Santa Barbara, CA 93103-3456
    View details
    3453 Richland Dr

    3453 Richland Dr

    APARTMENT HOUSE (5+ UNITS) • 0.73 Acres
    Value Estimation by Request
    3453 Richland Dr, Santa Barbara, CA 93105-5209
    View details

    Santa Barbara, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 892 apartment buildings for sale in Santa Barbara, CA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 6,127,599 square feet of properties for sale, with an estimated market value of $606,855,000.

    Sale prices for two-family homes in Santa Barbara, CA start at $95,000, averaging $1,517,137, and reaching up to $28,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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
    • 93117
    • 93110
    • 93109
    • 93111
    • 93108

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