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    Santa Barbara, CA Apartment Buildings for Sale

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    15 properties
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    11-Unit Apartment Building
    Updated: Jun 7
    11-Unit Apartment Building

    228 W Alamar, Santa Barbara, CA 93105

    $4,000,000
    6,500 sqft
    11 apartment units in total
    Unit mix includes 3 two‑bedroom/one‑bath units, 4 one‑bedroom/one‑bath units, and 4 studios
    One studio does not include a kitchen
    Property size: 6500
    Built in 1964
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    Mixed-Use Property with Apartments
    Updated: Feb 19
    Mixed-Use Property with Apartments

    706-708 E Haley Street, Santa Barbara, CA 93103

    Contact for pricing
    4,487 sqft
    Three commercial suites, five apartments, and three one‑car garages across three buildings
    4,487‑square‑foot mixed‑use property at 706‑708 E Haley Street, Santa Barbara, CA 93103
    Improvements reconstructed in 2016
    Freestanding commercial building added in 2023
    Apartments include stainless steel appliances and in‑unit washer/dryers
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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    823 E De La Guerra Street, Santa Barbara, CA 93101

    Contact for pricing
    3,900 sqft

    Two-story multifamily property with on-site laundry, dedicated parking, and separate gas and electric metering.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    6-Unit Apartment Building
    6-Unit Apartment Building

    516 W Junipero St, Santa Barbara, CA 93105

    $2,150,000
    3,670 sqft

    Two-story apartment property with six one-bedroom, one-bath units across from Cottage Hospital.

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    Santa Barbara Six-Unit Apartment Building
    Santa Barbara Six-Unit Apartment Building

    601 Eucalyptus Ave, Santa Barbara, CA 93101

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    5,486 sqft

    Well-maintained six-unit apartment building in central Santa Barbara location.

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    11-Unit Studio Apartment Property
    11-Unit Studio Apartment Property

    4455 Hollister Ave, Santa Barbara, CA 93110

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    0.42 AC lot

    Two single-story buildings provide updated rental accommodations with separately leased storage structures.

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    Freestanding Multifamily Homes
    Freestanding Multifamily Homes

    1130 Punta Gorda St, Santa Barbara, CA 93103

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    25,168 sqft 1.39 AC lot

    Forty freestanding homes, including two-story 2BD/2BA and one-story 1BR/1BA units, on 1.39 acres.

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    Well-Maintained 14-Unit Apartment Building
    Well-Maintained 14-Unit Apartment Building

    28 W Pedregosa St, Santa Barbara, CA 93101

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    Well maintained 14-unit apartment building with remodeled units and in-unit carport parking plus storage.

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    Renovated 23-Unit Apartment Building
    Renovated 23-Unit Apartment Building

    16 W. Mission St, Santa Barbara, CA 93101

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    Multifamily asset with updated interiors, courtyard landscaping, new parking, and stabilized rents.

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    Eight-Unit Garden Apartment Building
    Eight-Unit Garden Apartment Building

    712 W Anapamu St, Santa Barbara, CA 93101

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    Eight-unit garden-style multifamily property with onsite parking and laundry, plus a common courtyard and second-floor deck.

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    11-Unit Apartment Building with Balconies
    11-Unit Apartment Building with Balconies

    609 W Junipero St, Santa Barbara, CA 93105

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    Unit mix includes one- and two-bedroom floor plans with reserved parking.

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    6-Unit Apartment Property
    6-Unit Apartment Property

    2528 De La Vina Street, Santa Barbara, CA 93105

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    Two triplex buildings offer a varied unit mix with garages and covered parking near Cottage Hospital.

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    Apartment Building with Patios
    Apartment Building with Patios

    1402 San Pascual St, Santa Barbara, CA 93101

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    Seven-building apartment complex with 75 units across two parcels, offering private patios and upstairs pitched ceilings.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    3432 Richland Dr, Santa Barbara, CA 93105

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    Two-story multifamily property with a landscaped courtyard and a varied apartment mix near Upper State amenities.

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    10-Unit Townhome Apartment Complex
    10-Unit Townhome Apartment Complex

    707 Colina Ln, Santa Barbara, CA 93103

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    Townhome-style apartments offer ocean views, covered parking, and private outdoor areas.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Santa Barbara, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    28-Unit Multifamily Property
    28-Unit Multifamily Property

    5615 Carpinteria Ave, Carpinteria, CA 93013

    Contact for pricing
    10,150 sqft

    Stabilized 28-unit multifamily asset with studio-heavy mix and a comprehensive 2016 renovation.

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    Isla Vista Multifamily Investment
    Isla Vista Multifamily Investment

    6591 Cordoba Rd, Goleta, CA 93117

    $4,425,000
    0.18 AC lot

    Five-unit multifamily property in Isla Vista near the beach.

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    Small Apartment Building with Patios
    Small Apartment Building with Patios

    4956 5th St, Carpinteria, CA 93013

    Contact for pricing

    Seven-unit apartment building with a mix of 3-bedroom and 2-bedroom units plus on-site laundry and parking.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    117 Magnolia Ave, Goleta, CA 93117

    $1,995,000

    Goleta apartment property near UCSB, major employers, and retail amenities.

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    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

    $430,000
    Estimated value
    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

    $290,000
    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

    $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

    $425,000
    Estimated value
    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

    $290,000
    Estimated value
    0.34 AC lot
    View details
    305 Rancheria St
    APARTMENT HOUSE (5+ UNITS)

    305 Rancheria St, Santa Barbara, CA 93101-4593

    $100,000
    Estimated value
    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

    $5,945,000
    Estimated value
    0.18 AC lot
    View details

    Santa Barbara, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Barbara, CA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 49,211 square feet of properties for sale, with an estimated market value of $6,150,000.

    Sale prices for two-family homes in Santa Barbara, CA start at $2,150,000, averaging $3,075,000, and reaching up to $4,000,000 — 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
    93105 $3.1M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Barbara County

    Office

    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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    Most Searched ZIP Codes in Santa Barbara, CA

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    • 93103
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