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8-Unit Garden-Style Apartment Building
New
For Sale
$2,995,000

130 W Padre ST, Santa Barbara, CA 93105

Residents have access to on-site laundry and parking in a garden-style apartment setting.

Property SizeContact for details
Days on Market3

Property Features for 130 W Padre ST

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Highway Access Yes

Amenities

on-site laundry

Building Details

Year Built 1962
Construction garden-style
Listing Agency: Colliers International
Listed By: Michael Lopus · License #01970736
Source: Erichaskellgroup
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 10 at 2:37AM

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 Colliers International

Investment Insights

Based on property information with market context.

This garden-style apartment property contains eight one-bedroom, one-bathroom units. Renovation work completed in 2023 included interior and exterior cosmetic updates, plumbing and electrical improvements, and landscaping. On-site laundry and parking serve the complex.

The property occupies a corner at W. Padre and De La Vina Streets in Santa Barbara. Cottage Hospital and Downtown Santa Barbara are nearby, with restaurants and markets within walking distance. The site also has convenient freeway access.

Key Highlights

  • Eight apartments, each configured with one bedroom and one bathroom
  • Renovated in 2023 with interior and exterior updates, plumbing and electrical work, and landscaping
  • On‑site laundry and parking

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Food Market Butcher Grocery & Convenience Store Mobile Phone Store

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

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,573
Businesses Nearby

Demographics for 93105, CA

26,003
Population
11,401
Households
2.3
Avg Household Size
49
Median Age
60%
College-Educated
94%
High-School Grad
139.8 sq mi
ZIP Area
186
Density / Sq Mi
$129,549
Median Household Income
$64,371
Median Earnings
$2,572
Median Rent
$1,496,500
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Residents have access to on-site laundry and parking in a garden-style apartment setting.
Where is this apartment building located?
The property is located at 130 W Padre ST Santa Barbara, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Eight apartments, each configured with one bedroom and one bathroom; Renovated in 2023 with interior and exterior updates, plumbing and electrical work, and landscaping; On‑site laundry and parking
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