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Quadplex with In-Unit Laundry
For Sale
$3,950,000

415 Rancheria Street, Santa Barbara, CA 93101

MULTI_FAMILY - SANTA BARBARA, CA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market183

Property Features for 415 Rancheria Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 16
Full bathrooms 8
Half bathrooms 4
Rooms Bathroom 10, Bedroom 7, Bedroom 11, Bathroom 6, Bathroom 1, Bedroom 2, Bedroom 10, Bedroom 9, Bedroom 15, Bathroom 7, Bathroom 12, Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 14, Bedroom 5, Bathroom 4, Bedroom 12, Bedroom 1, Bedroom 16, Bathroom 11, Bedroom 8, Bedroom 6, Bathroom 8, Bedroom 13, Bedroom 3, Bathroom 9, Bathroom 2
Subdivision 20 - Westside
Elementary school Washington
Middle school S.B. Jr.
High school S.B. Sr.
Standard status Active
APN 037-180-017
Lot size 0.17 Acres

Amenities

in-unit washer and dryer

Building Details

Floors in Building 2
Number of units 4
Listing Agency: Keller Williams Realty Santa Barbara
Listed By: Michael E Manasse
Added: Feb 9 Changed: Aug 3 Last Checked: Aug 11 at 4:06PM
MLS# 26-424

Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex offers four 4-bedroom, 1.5-bath units. The units were completely remodeled in 2013 and feature in-unit washers and dryers. Each unit is on a one-year lease and is currently rented out as a single tenancy.

Improvements include a new driveway installed less than a year ago. The property is situated one block from SBCC and close to the beach, with a total lot size of 0.17 acres.

With 16 bedrooms total, the layout supports additional occupancy flexibility should an owner choose to pursue alternative leasing arrangements, such as renting by the room or by the bed, subject to applicable rules and lease terms.

Key Highlights

  • R‑4 quadplex on a 0.17‑acre lot
  • Four 4‑bedroom, 1.5‑bath units (16 bedrooms total)
  • Completely remodeled in 2013

Property Analytics

Current Use

Lab 300 Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Pet Store Supermarket Grocery & Convenience 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,848
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 - R-4 quadplex with remodeled 4-bedroom units, in-unit washers and dryers, and one-year leases near SBCC.
Where is this quadplex located?
The property is located at 415 Rancheria Street Santa Barbara, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: R‑4 quadplex on a 0.17‑acre lot; Four 4‑bedroom, 1.5‑bath units (16 bedrooms total); Completely remodeled in 2013
More about this property
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