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    215 E Victoria St Santa Barbara, CA 93101

    Sponsored
    For Sale
    Pending
    $3,200,000

    MULTI_FAMILY - SANTA BARBARA, CA

    Lot size:
    0.30 Acres
    Days on Market:
    88
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 215 E Victoria St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RO
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 8, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 8, Bathroom 7, Bedroom 3, Bathroom 1, Bathroom 6, Bathroom 4, Bedroom 7, Bedroom 9, Bedroom 6
    Bedrooms
    9
    APN
    029-072-013
    Parking features
    Garage
    Lot size
    0.30 Acres

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    8

    Maizlish Realtors Inc (805) 963-9555 [email protected]

    Listing agent Morton Maizlish (805) 963-9555

    Listing date Oct 10, 2025

    Copyright © 2025 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Barbara Multifamily Development Opportunity

    This property features an existing triplex with approved permits and working plans in hand for the construction of 5 additional rental units. The land has been cleared and compacted, making it shovel-ready. Situated in the heart of Downtown Santa Barbara's Golden Quadrangle, the location is just a few blocks from Restaurant Row, the Arlington and Granada theaters, the Courthouse, County Administration buildings, the Public Library and Art Museum, the University Club, and Alameda Park. The final configuration will include one 3-bedroom, 2-bathroom unit; one 2-bedroom, 2.5-bathroom unit; two 2-bedroom, 1-bathroom units; and four 1-bedroom, 1-bathroom units. The property is zoned RO and the lot size is 0.3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maria Bermudez Flamenco ... Dance School LifeOutdoors Education Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.703298
    Latitude
    34.427116

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    FAQs

    What type of property is this?
    Apartment building - Triplex with permits for 5 additional units in downtown Santa Barbara.
    Where is this apartment building located?
    The property is located at 215 E Victoria St Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Approved, permitted, and shovel-ready for 5 additional rental units.; - Existing triplex provides immediate income.; - Prime Downtown Santa Barbara location in the Golden Quadrangle.
    (805) 963-9555
    Request Owner's contact information
    215 E Victoria St Santa Barbara, CA 93101
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    Santa Barbara, CA 93101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 E Victoria St Santa Barbara, CA 93101
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