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    Santa Barbara Six-Unit Apartment Building
    Updated: Feb 26
    Santa Barbara Six-Unit Apartment Building

    601 Eucalyptus Ave, Santa Barbara, CA 93101

    $2,900,000
    5,486 sqft
    Centrally located in Santa Barbara with convenient access to Downtown, the Mesa, and Cottage Hospital.
    Five of six units updated with newer flooring, modern kitchens, and refreshed bathrooms.
    Spacious 2BD/1BA flats, approximately 900 square feet each.
    Ample on‑site parking: 2 spaces per unit.
    Recent capital improvements: updated electrical panels, newer windows, and completed sewer lateral work.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Santa Barbara, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Entitled Multifamily Development Opportunity
    Entitled Multifamily Development Opportunity

    137 W 1st Street, Oxnard, CA 93030

    $1,925,000
    44,338 sqft 0.48 AC lot

    Approved plans for 53-unit apartment building in downtown Oxnard.

    View details
    Ventura Multifamily Investment Opportunity
    Ventura Multifamily Investment Opportunity

    176 W Ramona St, Ventura, CA 93001

    $5,090,000
    0.51 AC lot

    Value-add multifamily property with ADU potential near Downtown Ventura.

    View details
    Mid-Town Retail and Residential Property
    Mid-Town Retail and Residential Property

    1723 E Main St, Ventura, CA 93001

    $1,100,000
    0.30 AC lot

    Retail spaces, studio apartment, and parking in mid-town Ventura.

    View details
    Well-Maintained 9-Unit Apartment Building
    Well-Maintained 9-Unit Apartment Building

    5401 Perkins Road, Oxnard, CA 93033

    $2,375,000

    Oxnard 9-unit apartment near schools, parks, and Navy Base.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    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.

    215 Victoria St
    APARTMENT HOUSE (5+ UNITS)

    215 Victoria St, Santa Barbara, CA 93101-2055

    Value Estimation by Request
    2,708 sqft 0.29 AC lot
    View details
    530 San Pascual St
    APARTMENT HOUSE (5+ UNITS)

    530 San Pascual St, Santa Barbara, CA 93101-4456

    $3,600,000
    Estimated value
    0.30 AC lot
    View details
    128 Arrellaga St
    APARTMENT HOUSE (5+ UNITS)

    128 Arrellaga St, Santa Barbara, CA 93101-2948

    $2,700,000
    Estimated value
    0.26 AC lot
    View details
    1021 San Andres St
    APARTMENT HOUSE (5+ UNITS)

    1021 San Andres St, Santa Barbara, CA 93101-4359

    $2,295,000
    Estimated value
    0.20 AC lot
    View details
    403 Anapamu St
    APARTMENT HOUSE (5+ UNITS)

    403 Anapamu St, Santa Barbara, CA 93101-1334

    Value Estimation by Request
    6,180 sqft 0.21 AC lot
    View details
    2220 Oak Park Ln
    APARTMENT HOUSE (5+ UNITS)

    2220 Oak Park Ln, Santa Barbara, CA 93105-4270

    $4,400,000
    Estimated value
    0.34 AC lot
    View details
    305 Rancheria St
    APARTMENT HOUSE (5+ UNITS)

    305 Rancheria St, Santa Barbara, CA 93101-4593

    Value Estimation by Request
    2.13 AC lot
    View details
    1726 De La Vina St
    APARTMENT HOUSE (5+ UNITS)

    1726 De La Vina St, Santa Barbara, CA 93101-2946

    $2,900,000
    Estimated value
    0.25 AC lot
    View details
    622 Victoria St
    APARTMENT HOUSE (5+ UNITS)

    622 Victoria St, Santa Barbara, CA 93103-2235

    $5,925,000
    Estimated value
    0.18 AC lot
    View details
    15 Islay St
    APARTMENT HOUSE (5+ UNITS)

    15 Islay St, Santa Barbara, CA 93101-2498

    $1,850,000
    Estimated value
    0.17 AC lot
    View details
    317 Yanonali St
    APARTMENT HOUSE (5+ UNITS)

    317 Yanonali St, Santa Barbara, CA 93101-3831

    Value Estimation by Request
    0.51 AC lot
    View details
    408 Pedregosa St
    APARTMENT HOUSE (5+ UNITS)

    408 Pedregosa St, Santa Barbara, CA 93101-2893

    $2,160,000
    Estimated value
    4,510 sqft 0.30 AC lot
    View details
    410 Sola St
    APARTMENT HOUSE (5+ UNITS)

    410 Sola St, Santa Barbara, CA 93101-8546

    $1,265,000
    Estimated value
    793 sqft 0.15 AC lot
    View details
    427 Islay St
    APARTMENT HOUSE (5+ UNITS)

    427 Islay St, Santa Barbara, CA 93101-2845

    $6,545,000
    Estimated value
    0.37 AC lot
    View details
    203 Ladera St
    APARTMENT HOUSE (5+ UNITS)

    203 Ladera St, Santa Barbara, CA 93101-4571

    $10,860,000
    Estimated value
    0.81 AC lot
    View details
    1605 Bath St
    APARTMENT HOUSE (5+ UNITS)

    1605 Bath St, Santa Barbara, CA 93101-2964

    $2,405,000
    Estimated value
    0.45 AC lot
    View details
    28 Pedregosa St
    APARTMENT HOUSE (5+ UNITS)

    28 Pedregosa St, Santa Barbara, CA 93101-2424

    $3,020,000
    Estimated value
    0.39 AC lot
    View details
    20 Oceano Ave
    APARTMENT HOUSE (5+ UNITS)

    20 Oceano Ave, Santa Barbara, CA 93109-2215

    $21,265,000
    Estimated value
    0.89 AC lot
    View details
    1520 Eucalyptus Hl Rd
    APARTMENT HOUSE (5+ UNITS)

    1520 Eucalyptus Hl Rd, Santa Barbara, CA 93103-2875

    Value Estimation by Request
    0.51 AC lot
    View details
    1502 San Pascual St
    APARTMENT HOUSE (5+ UNITS)

    1502 San Pascual St, Santa Barbara, CA 93101-4152

    $9,410,000
    Estimated value
    15,820 sqft 1.00 AC lot
    View details
    924 San Pascual St
    APARTMENT HOUSE (5+ UNITS)

    924 San Pascual St, Santa Barbara, CA 93101-6304

    $8,435,000
    Estimated value
    0.29 AC lot
    View details
    1627 Chapala St
    APARTMENT HOUSE (5+ UNITS)

    1627 Chapala St, Santa Barbara, CA 93101-2962

    Value Estimation by Request
    0.20 AC lot
    View details
    110 Bodega Ln
    APARTMENT HOUSE (5+ UNITS)

    110 Bodega Ln, Santa Barbara, CA 93110-1434

    $4,850,000
    Estimated value
    0.47 AC lot
    View details

    Santa Barbara, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Barbara, CA on our real estate platform. These investment opportunities span a total of 5,486 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for two-family homes in Santa Barbara, CA start at $2,900,000, averaging $2,900,000, and reaching up to $2,900,000 — 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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    Demographics Overview

    Population 191K
    Population Growth (5Y) -2.4%
    Median Household Income $112,487
    College Educated 34.5%

    High-Yield Neighborhoods for Investment

    Identify Santa Barbara submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93101 $4.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.98%
    Property Tax per SF $14.13 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Barbara fall within the 10,000 to 25,000 square foot range.

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