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Five-Unit Cottage Apartment Property
For Sale
$5,850,000

105 Humphrey Rd, Montecito, CA 93108

Wooded creekside grounds with separate outdoor areas and flexible rental-use potential.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market66

Property Features for 105 Humphrey Rd

General Information

Standard status Active
Lot size 1.30 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence ripe for renovation

Additional Details

Multifamily Units 5

Amenities

private yard

Building Details

Buildings 4
Listing Agency: Compass
Listed By: The Ebbin Group
Source: Santabarbarahomesearcher
Added: Aug 30 Changed: Nov 1 Last Checked: Nov 3 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Rey
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Investment Insights

Based on property information with market context.

This apartment property comprises four traditional cottages containing five units across 1.3 wooded, creekside acres in the coastal zone. Each unit has its own private yard, while the improvements range from move-in ready to requiring renovation. The configuration supports both short-term and long-term rental use, with STRs permitted.

The property is located in Montecito near Miramar Beach, Hammonds Beach, the Rosewood Miramar, and Coast Village Road. It is also within the Montecito Union School district. The combination of multiple cottages, individual outdoor areas, established landscaping, and varied unit condition provides a range of existing and future occupancy configurations.

Key Highlights

  • Four cottages containing five units
  • 1.3 wooded, creekside acres in the coastal zone
  • Private yard for each unit

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 93108, CA

11,243
Population
5,670
Households
2
Avg Household Size
53
Median Age
74%
College-Educated
98%
High-School Grad
27.9 sq mi
ZIP Area
403
Density / Sq Mi
$223,694
Median Household Income
$70,211
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Wooded creekside grounds with separate outdoor areas and flexible rental-use potential.
Where is this apartment building located?
The property is located at 105 Humphrey Rd Montecito, CA.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: Four cottages containing five units; 1.3 wooded, creekside acres in the coastal zone; Private yard for each unit
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