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Duplex Property with ADU Plans
For Sale
Contact for pricing
Pending

15 W Islay St, Santa Barbara, CA 93101

Two residential buildings provide five units with varied bedroom configurations and shared outdoor space.

Property SizeContact for details
Days on Market140

Property Features for 15 W Islay St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Additional Details

Highway Access Yes

Amenities

shared balcony

Building Details

Buildings 2
Listing Agency: Radius Commercial Real Estate & Investments
Listed By: Jack Gilbert · License #02197493
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 7:41PM

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

Investment Insights

Based on property information with market context.

This residential property combines a 1920s duplex with two 1BD/1BA units and a 1963 triplex containing one 2BD/1BA unit and two 1BD/1BA units. The upstairs triplex residences share a balcony, and the property has received substantial recent improvements.

Located at 15 W Islay St in Santa Barbara, the property sits between Downtown Santa Barbara and the Upper State Street corridor. Freeway access, shopping, dining, and entertainment are nearby. Ownership has submitted plans to convert a carport into a junior ADU, while the site may accommodate up to two additional detached ADUs through the City’s ADU program.

Key Highlights

  • Five units across a 1920s duplex and a 1963 triplex
  • Duplex includes (2) 1BD/1BA units
  • Triplex includes (1) 2BD/1BA and (2) 1BD/1BA units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Grocery & Convenience Store Butcher Pet Grooming Service

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,611
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?
Duplex - Two residential buildings provide five units with varied bedroom configurations and shared outdoor space.
Where is this duplex located?
The property is located at 15 W Islay St Santa Barbara, CA.
What are key features of this property?
This property features: Five units across a 1920s duplex and a 1963 triplex; Duplex includes (2) 1BD/1BA units; Triplex includes (1) 2BD/1BA and (2) 1BD/1BA units
(805) 879-9606 Call to check price and availability
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