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    111 E Arrellaga St Santa Barbara, CA 93101

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    For Sale
    $3,100,000

    Office space with a rear one-bedroom apartment, leased through 2025.

    Property size:
    4,688 SF
    Lot size:
    0.40 Acres

    Property Features for 111 E Arrellaga St

    General Information

    Size
    4,688 SF
    Lot size
    0.40 Acres

    Source: Radius Commercial Real Estate Agent Brad Frohling

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space with Apartment

    This property features office space and includes a rear one-bedroom apartment. The property is leased through December 2025. The property has a size of 4688 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Deborah Allen, LCSW Social Worker Bobby Kornhandler Marriage Or Relationship Counselor Michael F. Madden, ... Counselor Mr. Michael Dunn Marriage Or Relationship Counselor Santa Barbara Psychotherapist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    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
    -119.708373
    Latitude
    34.4288129

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    FAQs

    What type of property is this?
    Office space - Office space with a rear one-bedroom apartment, leased through 2025.
    Where is this office space located?
    The property is located at 111 E Arrellaga St Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Leased through December 2025, providing immediate rental income.; - Includes office space.; - Features a rear one-bedroom apartment.
    (805) 879-9613
    Request Owner's contact information
    111 E Arrellaga St 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
    111 E Arrellaga St Santa Barbara, CA 93101
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