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Four Townhomes in Downtown Santa Barbara
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1621 Chapala St, Santa Barbara, CA 93101

Four individually addressed townhomes with 2BD/2.5BA layouts and 2-car garages.

Property Size4,868 SF
Price / SF$1,027
Days on Market146

Property Features for 1621 Chapala St

General Information

Standard status Active
Size 4,868 SF
Property subtype Multifamily

Building Details

Year Built 1985
Buildings 4
Stories 2
Units 4
Listing Agency: Hayes Commercial Group
Listed By: Nolan Tooley · License #CA 02127359
Source: Crexi
Added: Mar 19 Changed: Aug 8 Last Checked: Aug 10 at 12:38PM

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 Hayes Commercial Group

Investment Insights

Based on property information with market context.

This property features four individually addressed townhomes located in downtown Santa Barbara, California. Constructed in 1985, each residence is separately metered and sits on its own APN. The layout of each home includes 2 bedrooms and 2.5 bathrooms. Each unit is 1,217 square feet, totaling 4,868 square feet for the entire building. Each unit also includes a large 2-car garage, a private backyard, and a balcony deck. The property's structure may qualify it as alienable separate-title residential housing and therefore are generally anticipated to be exempt from certain statewide and local tenant protection measures, including California’s Tenant Protection Act (AB 1482), Santa Barbara’s temporary rent increase moratorium, and select Just Cause eviction requirements. The property has two floors and includes HVAC. The combination of privacy, parking, and outdoor space positions the property strongly for long-term rental demand and pride-of-ownership appeal.

Key Highlights

  • Rare opportunity to own four individually addressed townhomes in downtown Santa Barbara.
  • Each residence has a desirable 2BD/2.5BA layout with a large 2‑car garage.
  • Spacious private backyards and balcony decks offer rarely found outdoor living space.

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

5,393
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?
Quadplex - Four individually addressed townhomes with 2BD/2.5BA layouts and 2-car garages.
Where is this quadplex located?
The property is located at 1621 Chapala St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Rare opportunity to own four individually addressed townhomes in downtown Santa Barbara.; Each residence has a desirable 2BD/2.5BA layout with a large 2‑car garage.; Spacious private backyards and balcony decks offer rarely found outdoor living space.
(805) 898-4383 Call to check price and availability
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