Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    250 Ribera Dr Santa Barbara, CA 93111

    For Sale
    $1,795,000

    Spacious duplex in Goleta North/SB with updated units and yards.

    Building Details

    Year built
    1966

    Source: Berkshire Hathaway HomeServices California Properties

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

    Overview

    Goleta Multifamily Property with Updates

    Located in Goleta North/SB, the property at 250 Ribera Dr. offers a rare opportunity. The property includes approximately 2,500 square feet of living space on an 8,276 square foot parcel. It features two units, one with 1,200 square feet and the other with 1,300 square feet, designed to feel like two separate homes with minimal common walls. Each unit includes two bedrooms and two bathrooms, along with large, private yards and separate, detached laundry rooms. Updates include new paint, lighting, flooring, and windows/doors. Both units are vacant, offering options for owner-occupancy, family use, or investment with market rents. A eucalyptus grove with a bike path to the beach is located across the street.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -119.8043716
    Latitude
    34.4429762

    Nearby Similar for Sale

    • $5,995,000
      2,389 SF

      Remodeled Mixed-Use Property Downtown

      Mixed-use property with residential and short-term rental income potential.
      6 E Valerio St, Santa Barbara, CA 93101
      View Details
    • $5,995,000
      2,389 SF

      Remodeled Mixed-Use Santa Barbara Property

      Mixed-use property with residential and short-term rental income potential.
      6 E Valerio St, Santa Barbara, CA 93101
      View Details
    • $1,700,000
      1,342 SF

      Versatile Santa Barbara Property

      Charming property near State Street, suitable for commercial or residential.
      136 West Figueroa St, Santa Barbara, CA 93101
      View Details
    • $2,250,000
      0.15 Acres

      Santa Barbara Fourplex Near Hospital

      Fourplex in prime location near Cottage Hospital and downtown.
      2128 Bath St, Santa Barbara, CA 93105
      View Details
    • $2,295,000

      Santa Barbara Duplex with Views

      Renovated duplex in prime location near downtown Santa Barbara.
      514 E Islay St, Santa Barbara, CA 93101
      View Details
    • Contact for pricing
      910 SF

      Remodeled Restaurant Space on Pardall

      Remodeled 910 SF restaurant space ready for your concept.
      6580 Pardall Rd, Santa Barbara, CA 93117
      View Details

    FAQs

    What type of property is this?
    Duplex - Spacious duplex in Goleta North/SB with updated units and yards.
    Where is this duplex located?
    The property is located at 250 Ribera Dr Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Excellent location in Goleta North/Santa Barbara.; - Two vacant units (1200 & 1300 SF) offer flexible options: live in one/rent one, family compound, or investment property.; - Each unit is a 2 bedroom, 2 bath with private yard and detached laundry room.
    (805) 969-5026
    Request Owner's contact information
    250 Ribera Dr Santa Barbara, CA 93111
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    250 Ribera Dr
    Santa Barbara, CA 93111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    250 Ribera Dr Santa Barbara, CA 93111
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.