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Boutique Multifamily Property with ADU
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1416 Bath Street, Santa Barbara, CA 93101

Newly constructed 2022 ADU plus off-street parking and modern on-site laundry support stable multifamily income.

Property SizeContact for details
Days on Market130

Property Features for 1416 Bath Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Beachside Partners
Listed By: Jon Standring · License #01893163
Source: Crexi
Added: Apr 24 Changed: Aug 22 Last Checked: Aug 14 at 7:44AM

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 Beachside Partners

Investment Insights

Based on property information with market context.

Bath Street Flats is a boutique multifamily investment designed for hands-off ownership. The property has been meaningfully repositioned and is described as fully stabilized, with full occupancy and current income of $30,300 per month. A newly constructed ADU (2022) adds additional residential space, and the on-site laundry facility has been modernized. Off-street parking is also provided.

Located in one of Santa Barbara’s downtown submarkets, the property is just two blocks from the Santa Barbara Public Market and minutes from the Theatre District. The offering is presented as a fit for a 1031 exchange buyer and long-term investors seeking durable cash flow.

Key Highlights

  • Boutique multifamily investment in Santa Barbara’s downtown submarket with full occupancy and consistent tenant demand
  • Current income of $30,300 per month with limited near‑term capital exposure
  • Newly constructed 2022 ADU adds additional value to the property

Property Analytics

Current Use

Bath Street Flats Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Pet Grooming Service Storage Facility Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,230
Businesses Nearby

Demographics for 93101, CA

30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Newly constructed 2022 ADU plus off-street parking and modern on-site laundry support stable multifamily income.
Where is this multifamily property located?
The property is located at 1416 Bath Street Santa Barbara, CA.
What are key features of this property?
This property features: Boutique multifamily investment in Santa Barbara’s downtown submarket with full occupancy and consistent tenant demand; Current income of $30,300 per month with limited near‑term capital exposure; Newly constructed 2022 ADU adds additional value to the property
More about this property
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