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10-Unit Townhome Apartment Complex
For Sale
Contact for pricing
Pending

707 Colina Ln, Santa Barbara, CA 93103

Townhome-style apartments offer ocean views, covered parking, and private outdoor areas.

Property SizeContact for details
Days on Market141

Property Features for 707 Colina Ln

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Radius Commercial Real Estate & Investments Santa Barbara
Listed By: Steve Golis · License #CA 00772218
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:11PM

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 Radius Commercial Real Estate & Investments Santa Barbara

Investment Insights

Based on property information with market context.

The property comprises five townhome-style duplexes totaling 10 apartments on approximately 0.75 acres. Unit mix includes nine two-bedroom, one-and-a-half-bath residences and one three-bedroom, two-and-a-half-bath residence. Every apartment has an ocean view, covered parking, and private outdoor space through balconies or patios. Landscaped gardens contribute to the enclosed residential setting.

Located at 707 Colina Ln in Santa Barbara, the property occupies a hilltop position in the Lower Riviera area and sits steps from the Santa Barbara Bowl. The surrounding setting includes multi-million-dollar homes, providing a residential context for the apartment community.

Key Highlights

  • 10 apartments arranged across five townhome duplexes
  • Unit mix includes nine 2bd/1.5ba units and one 3bd/2.5ba unit
  • Approximately .75‑acre hilltop property in Santa Barbara’s Lower Riviera

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Pet Store & Service Clothing & Fashion Store Locksmith

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

1,310
Businesses Nearby

Demographics for 93103, CA

20,029
Population
8,069
Households
2.5
Avg Household Size
39
Median Age
46%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
3,642
Density / Sq Mi
$118,118
Median Household Income
$46,441
Median Earnings
$2,407
Median Rent
$1,555,600
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?
Apartment building - Townhome-style apartments offer ocean views, covered parking, and private outdoor areas.
Where is this apartment building located?
The property is located at 707 Colina Ln Santa Barbara, CA.
What are key features of this property?
This property features: 10 apartments arranged across five townhome duplexes; Unit mix includes nine 2bd/1.5ba units and one 3bd/2.5ba unit; Approximately .75‑acre hilltop property in Santa Barbara’s Lower Riviera
(805) 879-9606 Call to check price and availability
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